Following the acquisition of Wyoming natural gas producer PureWest Energy by the PW Consortium investor group, Jackson Walker partner Joe F. Flack spoke with Hart Energy about his representation of Wincoram Asset Management in the deal and how the consortium exemplifies family offices’ greater interest in oil and gas investing.
“I think they’re interested in producing assets because they have consistent return relative to other assets they would invest in,” Joe said. He also noted that family offices are using sophisticated financial devices to manage risk and are investing for longer terms than private equity does.
Joe’s practice focuses on oil and gas transactions. His substantial upstream representations include sellers and buyers in acquisitions and divestitures, borrowers and lenders in reserve-based lending transactions, and grantors and grantees in conveyancing transactions. He also has led various diligence examinations with regards to property and title issues. In 2021, he was named to The Best Lawyers in America in the area of Oil and Gas Law.