Dan Mark's practice focuses on downstream and midstream transactions and projects, including pipelines, terminals and refineries. He has significant experience in large project M&A and development, which includes work for both public and private companies. Mr. Mark has completed transactions relating to refineries, chemical facilities, terminals and rail loading facilities, gas to liquids projects, gathering, transportation and throughput agreements, LNG, retail electric, upstream oil and gas and pipelines, as well as construction and the development of sports facilities, such as Minute Maid Park, AT&T Arena and the Baylor University football stadium.
Related Experience
- Sale of Fortune Global 10 company's 50% interest and operatorship of a crude oil refinery located in the US ($300 million)
- Sale of 50% interest in oil sands project in Alberta, Canada ($1.1 billion)
- Purchase integrated crude oil, natural gas, and water gathering business related to ~350,000 dedicated acres in New Mexico ($625 million)
- Sale of interests in certain oil sands fields located in northeast Alberta, Canada ($180 million)
- Sale of secured debt note ($1.6 billion) secured by upstream oil and gas properties
- Sale of all assets in Alaska for a Fortune Global 10 company including interest in the Trans Alaska Pipeline System (transaction value of $5.6 billion)
- Purchase of 1/3 interest in 350-mile interstate crude oil pipeline plus entering into a long-term transportation agreement
- Negotiation of a 15% JV interest in 650-mile crude oil pipeline project plus entering into a long-term transportation agreement
- Sale of a large refinery facility in California
- Sale of a large chemical facility for a Fortune 100 company including sale of inventory and multi-site contracts
- Sale of a registered broker dealer company with offices in the US, Aberdeen, London and Dubai
- Purchase of crude oil terminals and rail loading facility for a Fortune 100 company
- Negotiation of master service agreements
- Negotiation for investment in a gas to liquids project including joint venture agreements
- Negotiation for construction of a crude oil gathering system
- Negotiation of crude oil intermediation agreements
- Negotiation of crude oil transportation and throughput agreements
- Negotiation of settlement of a refinery earnout dispute
- Purchase of various midstream assets in Alaska for a Fortune 100 company
- Purchase of a controlling interest in a publicly traded (NYSE) refinery company
- Purchases and sales of onshore oil and gas properties
- Sale of a specialized chemical division of a Fortune 50 company with assets and employees in the U.S. plus 5 other EU and Asia countries
- Negotiation of a pipe contract for a 400 mile crude oil pipeline (onshore)
- Negotiation of EPC contract for construction of an LNG liquefaction facility
- Negotiation of EPCM contract for construction of 250 mile natural gas pipeline
- Negotiation of joint venture, contribution, construction, and operating agreements and shipper agreements for construction of 260 mile natural gas pipeline
- Negotiation of joint venture for the construction, ownership, and operation of large ethane cracker project
- Sale of joint venture interest and operating agreements for several large oil and gas pipelines in the Gulf of Mexico
- Purchase of a crude oil refinery in Trainer, Pennsylvania plus related pipeline and terminal assets and negotiated offtake and exchange agreements
- Sale of a large crude oil refinery facility and 250 retail stations located in Los Angeles, California (transaction value in excess of $1.6 billion)
- Purchase of a crude oil pipeline company
- Purchase of a controlling interest of the stock of a privately owned crude oil refinery located in El Dorado, Arkansas
- Sale of a Texas based retail electric provider
- Purchase of company that owned oil and gas properties in Western United States including some Indian tribal lands
- Bid for the stock of a company that owned significant oil and gas properties in the southern United States (bid value in excess of $800 million)
- Sale of large crude oil refinery and cogeneration facility located in Delaware City, Delaware (transaction value in excess of $1 billion)
- Sale of a large crude oil refinery and pipeline complex located in Bakersfield, California
- Sale of a corporate division involved in the design and manufacture of oilfield service equipment
- Purchase of an engineering company involved in the design and construction of offshore drilling platforms
- Sale of a corporate division involved in the manufacture and distribution of oilfield tool products with offices located in several countries
- Sale of an asphalt refinery facility and related assets located in Florida and Alabama
- Bid for the stock of a company that owned several asphalt refineries, terminals, pipelines and related assets
- Sale of a subsidiary for a large multinational corporation involved in the wholesale storage and distribution of motor fuel oils
- Sale of several oil pipelines located in Southern Texas and Louisiana including throughput agreements
- Development of Minute Maid Park (formerly Enron Field) in Houston, Texas
- Development of the AT&T Arena in San Antonio, Texas
- Negotiation of primary construction contract for Baylor University football stadium
- Numerous sales of private equity including the sale of preferred stock and convertible equities
- Sale of a limited partnership that owned a cardiovascular facility
- Numerous partnership and LLC formations and reorganizations
- Numerous corporate governance issues including shareholder agreements and executive compensation agreements
Awards & Community
Legal 500 U.S., Recommended lawyer, Energy: Transactions, 2015
Legal 500 U.S., Recommended lawyer, M&A: Middle-Market ($500m-999m), 2010, 2014, 2015
Who's Who in Energy, Houston Business Journal, 2014
Texas Top Rated Lawyer, LexisNexis Martindale-Hubbell, 2013, 2014
News
Baker Botts Represents bp North America in its Agreement to Purchase EDF Energy Services
Baker Botts Represents bp in the Sale of its Stake in the bp-Husky Toledo Refinery to Cenovus Energy Inc.
CDT Roundup: 17 Deals, 12 Firms, 228 Lawyers, $11.9B
Texas LawbookTexas Lawbook
Bp’s Sale of its 50% Stake in Canada’s Sunrise Oil Sands Project
Global Legal ChronicleGlobal Legal Chronicle
Baker Botts Represents bp in the Sale of its 50% Stake in Canada’s Sunrise Oil Sands Project
Baker Botts Represents Delek Logistics Partners in $624.7 Million Acquisition of 3Bear Energy
Harvest Alaska's Acquisition Of Midstream Alaska From BP America
Global Legal ChronicleGlobal Legal Chronicle
CVR Energy's Crude Oil Pipeline Business Acquisition From Blueknight
Global Legal ChronicleGlobal Legal Chronicle
Baker Botts Represents CVR Energy in its Acquisition from Blueknight
Baker Botts’ Global Projects Team Advises BP in Sale to Harvest Alaska
CDT Roundup: 10 Deals, 8 Firms, 87 Lawyers, $8.9B
Texas Lawbook, TheTexas Lawbook, The
Baker Botts Represents BP to Complete the Sale of its Upstream Alaska Business to Hilcorp
Baker Botts Represents BP in its Commitment to Complete the Sale of its Alaska Business
2019 In Review: The Top 10 Most Important Deals in Texas
Texas Lawbook, TheTexas Lawbook, The
CDT Roundup: 5 Deals, 6 Firms, 50 Lawyers, $8.7B
Texas Lawbook, TheTexas Lawbook, The
Baker Botts Represents BP in $5.6 Billion Sale of Alaska Business to Hilcorp
In $5.6B Alaska Energy Deal, Baker Botts, Kirkland Lawyers in Texas Get Work
Texas LawyerTexas Lawyer
Baker Botts, Kirkland Advise on BP Alaska Sale to Hilcorp for $5.6B
Texas Lawbook, TheTexas Lawbook, The
Baker Botts, Kirkland Advise in BP Alaska Sale to Hilcorp
Bloomberg LawBloomberg Law
BP Exits Alaska in Sale to Hilcorp
Deal Pipeline, TheDeal Pipeline, The
Baker Botts Represents Delek US Holdings, Inc. in $315 Million Sale of Logistics Assets to Delek Logistics Partners, LP
Thought Leadership
M&A Process: Dealing with Private Equity
Speeches & PresentationsPresenter
Texas Supreme Court Provides Guidance on Retained-Acreage Clauses
External ArticlePratt's Energy Law Report
The Texas Supreme Court Provides Guidance on Retained-Acreage Clauses
Client UpdatesEnergy Litigation Update