Sam Patranella

Sam Patranella is a shareholder in the Austin and Midland offices focusing on transactions, title, and corporate matters.  

Sam has substantial experience negotiating and closing energy transactions. His practice consists of representing public and private companies in their acquisitions and divestitures, purchase and sale agreements, operating agreements, farmout agreements, development agreements, and other energy agreements, including operational and exploration matters.  

Sam additionally focuses on all phases of oil and gas title examination, including drilling, division order, acquisition, and mineral opinions, the accompanying curative document preparation, and the diligence of large-scale assets.  

Aided by his in-house and industry experience, Mr. Patranella advises startups and private clients on legal issues arising throughout their life cycle from founding to exit, and all related corporate matters and governance, including master service agreements, confidentiality agreements, human resources matters and employment agreements, and other day to day issues.  

Prior to DGC, Sam was a partner with a global law firm, a successful entrepreneur, initial member, executive and general counsel of Luxe Energy and Luxe Minerals, and in-house counsel with Statoil and Concho Resources.  Sam began his career with DGC in Midland before moving to Austin.

Bar Admissions:

• Texas, 2007
• New Mexico, 2008

Education:

• Texas Tech University School of Law, Lubbock, Texas
  Honors: Cum Laude; Phi Delta Phi
  Administrative Law Journal, Articles Editor
• Texas Tech University Rawls College of Business, Lubbock, Texas
  MBA, 2007
• Texas A&M University Mays Business School, College Station, Texas
  BBA in Management, 2004
  Honors: Cum Laude

Professional Associations & Memberships:

• Member, State Bar of Texas
• Member, State Bar of New Mexico
• Fellow, Texas Bar Foundation

Representative Transactional Experience:

MERGERS, ACQUISITIONS AND DIVESTITURES

Represented a private company in its formation and initial acquisition of Texas Permian Basin assets

Represented a private equity backed portfolio company in its acquisition of Montana and North Dakota Bakken Formation assets

Represented a private equity backed portfolio company in its $140 million acquisition of Permian Basin assets from Centennial Resources

Represented a private equity backed portfolio company in its $139 million acquisition of Permian Basin assets from Concho Resources

Represented a private equity backed, minerals focused portfolio company in its acquisition of mineral and royalty interests from Tumbleweed Royalties

Represented a private equity backed portfolio company in a complex trade of Permian Basin assets with a Fort Worth based private equity backed portfolio company

Represented a private equity backed portfolio company in its acquisition of Permian Basin assets from Shell

Represented a private equity backed portfolio company in its $560 million divestment to Diamondback Energy Inc. 

Represented a private equity backed portfolio company in its acquisition of Southern Delaware Basin assets from Finley Resources Inc. 

Represented a private equity backed portfolio company in its acquisition of Southern Delaware Basin assets from Endeavor Energy Resources LP. 

Represented a public energy company in its $1 billion acquisition of Texas and New Mexico Permian Basin oil and gas assets from Three Rivers Operating Company

Represented a public energy company in its $185 million acquisition of Texas Permian Basin oil and gas assets from PDC Energy, Inc. 

Represented a public energy company in its $250 million acquisition of OGX Resources LLC

Represented a public energy company in its acquisition of Delaware Basin non-producing oil and gas assets, consisting of 62,000 net acres, from Lone Star Oil & Gas Inc.

Represented a public Norwegian company in its $19.75 million divestment oil and gas assets in the Texas Wolfberry Formation

Represented a public Norwegian company in multiple acreage and well trades in the North Dakota Bakken Formation valued at approximately $50 million

Represented a public energy company in the proposed purchase of a multi-thousand acre ranch in Upton County, Texas

OTHER TRANSACTIONAL MATTERS

Represented a private company in its construction and numerous crossings of pipeline facilities for a Texas and New Mexico frac sand conveyor belt system, along with a frac sand exploration agreement 

Represented a private company in its formation and acquisition of salt water disposal wells

Represented a private equity backed portfolio company in its successful debt raise from EIG Global Energy Partners utilizing an innovative “drill-ship” structure 

Represented a private equity portfolio company in a water usage and dedication transaction with WaterBridge Resources LLC consisting of fresh water production, saltwater disposal, royalties, equity and usage rights 

Represented a private equity portfolio company in the negotiation of its gas gathering agreement with SCM

Represented a private equity portfolio company in the negotiation of its crude oil transportation agreements with Oryx Midstream