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Bracewell & Giuliani Advises Kinder Morgan On Acquiring Interests In Haynesville Shale

April 26, 2010

HOUSTON Bracewell & Giuliani LLP advised Kinder Morgan Energy Partners, L.P. on its purchase of a 50 percent interest in Petrohawk Energy Corporation's natural gas gathering and treating business in the Haynesville Shale for $875 million in cash.

The transaction will create the largest gathering and midstream business in the Haynesville Shale of northwest Louisiana. The assets consist of more than 170 miles of pipeline currently in service, which is expected to increase to about 375 miles of pipeline with projected throughput of over 800 million cubic feet per day by year-end 2010. Additionally, the system's amine treating plants have a projected capacity of approximately 2,635 gallons per minute by year end.

Bracewell attorneys that advised on this matter include:

Partners:  Greg Bopp, Cle Dade, Dick Rice

Associates:  Keith Cooper, Jeffrey Gilbert, Scott Grossman, Kason Kerr, Kevin Strehlow, Hunter Summerford