(openPR) - The global law firm of Thompson & Knight LLP has assisted Apache Corporation (“Apache”) in connection with arrangements for $3.95 billion in financing, including the expansion of its commercial paper program to a $2.95 billion aggregate principal amount as well as a $1 billion, 364-day revolving credit facility.

The capital raised may be used to fund Apache’s recently announced acquisition of all of BP’s oil and gas operations, acreage, and infrastructure in the Permian Basin and Egypt’s Western Desert as well as substantially all of BP’s upstream natural gas business in western Alberta and British Columbia in Canada.

Robert J. Viguet Jr., a Partner in the Firm’s Corporate and Securities Practice Group, led the Thompson & Knight team of attorneys working on these transactions, which included Marlen D. Whitley and Barry Davis of the Firm’s Houston office and Robert H. Saunders of the Firm’s New York office.

Apache is an independent energy company that explores for, develops, and produces natural gas, crude oil, and natural gas liquids. The company currently has operations in the United States, Canada, Egypt, the United Kingdom North Sea, Australia, and Argentina.

Established in 1887, Thompson & Knight is a full-service firm providing legal solutions to public and private companies, governments, and individuals in all areas, including commercial and tort litigation, finance, banking, securities, mergers and acquisitions, taxation, intellectual property, corporate governance, creditors rights, real estate, labor, white collar defense, and environmental matters, among others. We are particularly recognized for our depth of experience and capabilities on behalf of clients in the energy industry, both domestically and around the world. Thompson & Knight has approximately 350 attorneys with offices in Texas and New York and international offices and associations in the Americas, North Africa, Europe, and Asia.

Thompson & Knight
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Becky Jackson
214-969-1478