A Locke Lord team led by Mitch Tiras and Eric Larson (both of Houston) provided legal counsel to NGP Natural Resources XI, L.P. in $524 million of new equity commitments for Luxe Energy LLC. The transaction closed on Oct. 11, 2016. Luxe will use the equity commitment to acquire unconventional oil properties in oil and liquids rich basins throughout the United States. Additional Locke Lord team members included Rachel Fitzgerald and Matt Frogel (both of Houston).
Posted October 13, 2016