Summerford, Hunter

J. Hunter Summerford


Partner

 

Overview

Hunter Summerford is a Partner in the Houston office of Locke Lord LLP where he concentrates his practice on energy and oil and gas matters. Hunter has extensive acquisition and divestiture experience with respect to upstream assets, and additionally represents and counsels oil and gas companies in all phases of their business operations and transactions, with a particular emphasis on the midstream space. He has broad experience in the midstream and downstream sectors relating to the construction and operation of petrochemical facilities, pipelines, storage facilities and related assets, including drafting and negotiation of gathering, exchange and transportation agreements; processing agreements; feedstock and offtake agreements; and master services agreements.

Representative Experience

  • Represented WildHorse Resource Development Corporation in the acquisition of approximately 111,000 net acres and associated production from Anadarko Petroleum Corporation and affiliates of Kohlberg Kravis Roberts & Co L.P. for aggregate consideration of $625 million. Named Oil and Gas Deal of the Year (<$1B) by the Association for Corporate Growth Houston
  • Lead associate in representing Enterprise Products Partners in its $2.15 billion acquisition of 460 miles of natural gas gathering pipeline and 10 gathering plants from Pioneer Natural Resources and Reliance Industries, including the negotiation of related 20 year-term commercial agreements for gathering, transportation, gas processing and processed condensate purchase and sale
  • Lead associate in representing Felix Energy, LLC in its $1.9 billion divestiture of developed and undeveloped oil and gas properties in Oklahoma’s stack play to Devon Energy Corp
  • Lead associate in representing Southwestern Energy in its $500,000,000 divestiture of 100 miles of gathering pipeline located in the Marcellus Shale to Howard Energy Partners
  • Lead associate in representing Energen Resources in its $400,000,000 divestiture of producing and undeveloped oil and gas properties located in the Permian Basin
  • Lead associate in representing Memorial Production Operating in its $935,000,000 acquisition of oil-producing (tertiary recovery) assets and related infrastructure in Wyoming
  • Lead associate in representing Memorial Production Operating LLC in its $100 million acquisition of producing properties located in the outer continental shelf
  • Lead associate in representing Rio Oil and Gas, LLC and Bluestem Energy, LP in their approximately $575,000,000 divestiture of developed and undeveloped oil and gas properties in Texas and New Mexico
  • Lead associate in representing NextEra Resources in its joint development with PetroQuest Energy, L.L.C. of certain Woodford Shale assets located in Oklahoma
  • Lead associate in representing SandRidge Exploration and Production, LLC in its $190 million acquisition of producing and undeveloped oil and gas properties Colorado from EE3, LLC
  • Lead associate in representing PCORE Exploration & Production, LLC in its $150 million divestiture of certain developed and undeveloped oil and gas properties
  • Lead associate in representing WildHorse Resources II, LLC in its $40,000,000 acquisition of undeveloped oil and gas acreage in the Haynesville Shale
  • Lead associate in representing Memorial Production Operating in its $173,000,000 acquisition of oil and gas properties in South Texas
  • Lead associate in representing WildHorse Resources II in its $215,000,000 acquisition of oil and gas properties in Louisiana and Texas
  • Lead associate in representing Memorial Resources in its $10,000,000 acquisition of oil and gas properties in Texas
  • Lead associate in representing energy client with respect to its day-to-day operations, including the negotiation and drafting of vendor and customer purchase and sales agreements with values up to $1 billion
  • Lead associate in representing energy client with respect to its day-to-day operations, including the negotiation and drafting of transportation, exchange, storage and construction agreements
  • Assisted in representing energy client in its $617 million divestiture of oil and gas properties in Oklahoma and Texas
  • Assisted in representing energy client in the $7 billion acquisition of a competitor's oil and gas operations, acreage and infrastructure in the Permian Basin of West Texas and New Mexico and in Egypt's Western Desert, as well as their upstream natural gas business in western Alberta and British Columbia
  • Represented energy client in the drafting of general purpose Master Services Agreement and subsequent negotiation with vendors for operations and procurement at its propylene petrochemical facility
  • Assisted in representing energy client in its $560 million acquisition of a 65% stake in a competitor which owns one of the world's largest ammonia production plant in Western Australia and subsequent disposition of 40% of said stake
  • Represented multiple portfolio companies in the negotiation and drafting of various midstream agreements, including gathering, processing and construction agreements
  • Assisted in representing energy client in connection with its $366 million sale of certain Permian Basin Wolfberry Trend oil and gas assets
  • Assisted in representing energy client in connection with the formation of a $1.8 billion joint venture for the joint ownership, development, construction, operation and maintenance of the largest gathering and midstream system in the Haynesville Shale of Northwest Louisiana
  • Represented energy client in drafting general purpose Master Services Agreement
  • Represented energy client in the negotiation and drafting of underground storage and brining lease. 
  • Assisted in representing energy client in the engineering, procurement, construction and financing of a $650 million propane to propylene petrochemical plant located in Pasadena, Texas
  • Representation of energy client in connection with the negotiation and drafting of its feedstock and offtake agreements
  • Assisted in representing a private seller in the sale of approximately 75,000 net acres of Marcellus Shale fee mineral interests located in Pennsylvania and West Virginia
  • Assisted in representing energy client in its capacity as lead underwriter in connection with the initial public offering of a Canadian Income Trust holding solely U.S. oil and gas assets
  • Assisted in representing energy client in connection the multi-well development of Outer Continental Shelf leases in the Gulf of Mexico
  • Assisted in representing an international integrated oil and gas corporation in connection with the negotiation of agreements related to the construction and joint ownership of a floating host production facility in the deepwater Gulf of Mexico, as well as the construction and related transportation agreements for two approximately 130-mile new-build oil and gas gathering and transportation pipelines

Professional History

  • Associate, Locke Lord LLP (2013-2016)
  • Associate, Bracewell & Giuliani, Houston (2008-2013)

Professional Affiliations and Recognitions