Publications

President Biden has the worst energy policy since Jimmy Carter, so it was probably inevitable that he would disinter one of Mr. Carter’s worst ideas—a “windfall profits” tax on oil companies. Doesn’t he know that when you tax something, you get less of it?

Oil & Gas Financial Journal, Vol. 12, Issue 12

Lifting the crude oil export ban would be good for the United States. It has the potential to eliminate distortions in the market, encourage domestic investment and over the long-term, spur hiring.

By John Graves, January 20, 2015 Having survived three prior major downturns in the oil business, we’ve heard lots of people expound over the years on the future price of […]

Petroleum Africa, Vol. 7, Issue 1

Conducting a due diligence investigation is an integral requirement for obtaining project financing. Savvy investors know that the devil is in the details.

Mergers, acquisitions, and divestitures have become a core part of creating value. Yet despite the considerable experience and interest in M&A and A&D, many transactions fail to create value...

There are three types of units for the production of oil and gas in Louisiana: compulsory or “Commissioner's” units; voluntary units, and declared units. The legal effects, the processes required...

This paper sets forth a proposed integration strategy and process for the cross-border acquisition of a U.S. oilfield service company.

An earn-out is a mechanism in which part of the purchase price is contingent upon future performance of the target business.

A comprehensive study of the U.S. domestic oil and gas service industry for the purpose of identifying opportunities for investment, including a review of the existing industry, the identification of...