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Bracewell in the News

Bracewell & Giuliani Represents Hilcorp Energy Co. in Acquisition of Chevron's Cook Inlet Assets

July 28, 2011

HOUSTON — Bracewell & Giuliani LLP is representing Hilcorp Energy Company ("Hilcorp"), one of the nation’s largest privately-held exploration and production companies, in connection with its acquisition (through its subsidiary, Hilcorp Alaska LLC) of all of the Alaska oil and gas assets of Union Oil Company, a subsidiary of Chevron. The assets are located in Alaska's Cook Inlet and include interests in multiple offshore and onshore fields, gas storage facilities, numerous drilling rigs and tank farms. The transaction is expected to close later this year.

The Cook Inlet is Alaska's oldest producing oil and gas basin and will serve as Hilcorp’s entrance into the state’s oil and gas industry. Hilcorp operates primarily in the Gulf Coast region and Wyoming’s Powder River Basin.   

Bracewell Partners Alan Rafte, Greg Bopp, and Bruce Jocz and Associate Michael Piazza continue to work with Hilcorp in connection with consummating the acquisition.