A Locke Lord team led by Kevin Peter
and Michael Blankenship
(both of Houston) represented Medallion Gathering & Processing, LLC in the company’s sale to an affiliate of Global Infrastructure Partners (GIP) for a cash purchase price of $1.825 billion, announced Oct. 2, 2017 and closed Oct. 30, 2017. Medallion, owned by The Energy & Minerals Group and Laredo Petroleum, Inc., is the largest privately held crude oil transportation system in the Midland Basin of West Texas and will retain its name and operate as a GIP Portfolio Company. For more information, please see the Medallion press release. Additional Locke Lord team members included Derrick Carson, Jerry Higdon, Eric Larson, Phil Lau, Tammi Niven, Ed Razim, Bill Swanstrom, Mitch Tiras, Mechelle Smith, Max Stubbs, Devon Cox, Laura Ferguson, Emily Hejl, Iliana Ivanova, Nick Moore, Kerstie Moran and Ben Smolij (all of Houston), Van Jolas and Neil Rajan (all of Dallas) and Howard Gitten and Enrique Santiago (both of West Palm Beach).