Blankenship, Michael

Michael J. Blankenship


Partner

 

Overview

Mike Blankenship is a Partner in the Houston office of Locke Lord LLP and Co-Chair of the Firm's Capital Markets Section where he focuses his practice on corporate finance and securities law, including securities offerings, special purpose acquisition companies (SPACs) offerings and transactions, private equity, mergers and acquisitions, and general corporate representation. He regularly counsels public companies on strategic transactions, capital markets offerings and general corporate and securities law matters. Mike represents both issuers and underwriters in U.S. and international capital markets transactions, including initial public offerings, and advises on corporate governance and securities market regulation. Mike is also an Editor of our Capital Markets Blog.

Representative Experience

IPO & Equity Offerings

  • Advised the Conflicts Committee of Spectra Energy Partners, LP (SEP) in the completed conversion of all of Enbridge Inc.’s incentive distribution rights (IDRs) and general partner economic interests in SEP into 172.5 million newly issued SEP common units
  • Represented master limited partnership in its $1.2 billion initial public offering of common units
  • Represented underwriters in the $1.4 billion initial public offering of limited partnership
  • Represented retail energy services company in its $54 million initial public offering of common stock
  • Represented exploration and production company in its $48 million offering of common stock
  • Represented exploration and development company in its $742 million public offering of common stock
  • Represented master limited partnership in its launch of a $74 million at-the-market (ATM) public offering of common units
  • Represented master limited partnership in its launch of a $400 million ATM public offering of common units
  • Represented underwriters to limited partnership in its $1.3 billion public offering of common units
  • Represented underwriters to master limited partnership in its $330 million public offering of common stock
  • Represented underwriters to master limited partnership in its $200 million at the market public offering of common units
  • Represented underwriters to master limited partnership in its launch of a $657,501,907 ATM public offering of common units
  • Represented underwriters to master limited partnership in its $370 million public offering of common units
  • Represented underwriters to a natural gas and petroleum exploration and production company in its public offering of 86,000,000 shares of common stock

Notes Offerings

  • Represented underwriters to a master limited partnership in its $800 million offering of senior notes
  • Represented underwriters to oil, natural gas and geothermal drilling contractor in its $500 million offering of exchangeable senior unsecured notes
  • Represented exploration and production company in its a $100 million offering of senior secured notes

Mergers & Acquisitions

  • Represented Saddle Butte Rockies Midstream, LLC and affiliates in its announced $625 million acquisition by Black Diamond Gathering, LLC, a newly formed joint venture by Noble Midstream Partners LP and Greenfield Midstream, LLC
  • Represented energy infrastructure company in its sale for a total purchase price of approximately $3 billion
  • Represented major North American energy infrastructure company in its $915 million acquisition of a midstream master limited partnership
  • Represented midstream master limited partnership in its acquisition of a 49.9 percent interest in an interstate natural gas pipeline company from a major North American energy infrastructure company

Professional History

  • Partner, Locke Lord LLP
  • Co-Chair, Locke Lord Capital Markets Section
  • Senior Associate, Vinson & Elkins L.L.P. (Houston)
  • Associate, Paul Hastings LLP (Houston)
  • Associate, Shearman & Sterling LLP (New York)

Professional Affiliations and Recognitions

Community Leadership

  • Board Member, Writers in the Schools