Press release
Thompson & Knight Assists Ellora Energy in $247 Million Sale of Hugoton Field Assets
The global law firm of Thompson & Knight LLP has assisted Ellora Energy Inc. (“Ellora”) with the $247 million sale of substantially all of its Hugoton Field assets in southwest Kansas and its southeast Colorado properties to an undisclosed buyer. As part of the transaction, the Firm also assisted Ellora in an amendment to its credit agreement with a group of banks led by JPMorgan Chase Bank, N.A.Dallas Parker led Thompson & Knight’s team of attorneys advising on this transaction, which included Kirk Tucker and David T. Grand, Jr. of the Corporate and Securities Practice Group; John W. Rain of the Finance Practice Group; Debra J. Villarreal of the Oil and Gas Practice Group; Elizabeth A. Schartz and Micah R. Prude of the Labor and Employment Practice Group; A. Kay Roska of the Environmental Law Practice Group; Greg W. Curry of the Trial Practice Group; and R. David Wheat, Shelly A. Youree, and Brandon L. Bloom of the Tax Practice Group.
Ellora is an independent oil and gas exploration and production company headquartered in Boulder, Colorado. The company has oil and gas assets principally located in East Texas and Louisiana in the James Lime, Haynesville, and Bossier shale plays.
About Thompson & Knight
Since 1887, Thompson & Knight LLP has consistently made a positive impact on its clients’ successes. With its practice focused on the energy industry, the Firm has extensive resources in litigation, tax, insolvency, and international energy matters. The Firm has approximately 350 attorneys, and has offices and alliances in North America, Europe, and Africa. Thompson & Knight represents companies, government entities, and individuals in local, regional, and national markets around the world.
For additional information:
Becky S. Jackson
Chief Client Services Officer
Thompson & Knight LLP
1722 Routh Street, Suite 1500
Dallas, TX 75201
214.969.1478
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