Cody Carper

Cody Carper

Partner, Mergers and Acquisitions; Private Equity; Energy and Infrastructure Projects

Cody Carper is a corporate attorney focused on complex energy and infrastructure transactions, including representing private equity sponsors and management teams in acquisitions and divestitures of upstream and midstream oil and gas assets, energy financings and equity joint venture transactions. He regularly advises both investors and operators in drilling partnerships and other joint development arrangements.

Bio

Prior to joining Skadden, Mr. Carper served as the assistant general counsel for a large privately held oil and gas company, where he developed extensive experience in operational issues that regularly arise in the oil and gas sector concerning land, marketing and drilling. Most recently, he practiced in the Houston office of another global law firm.

Mr. Carper’s representative transactions prior to joining Skadden include:

  • Samson Resources II, LLC in the:
    • $215 million sale of all of its Powder River Basin oil and gas assets; and
    • $525 million sale of east Texas and north Louisiana oil and gas assets to Rockcliff Energy II LLC;
  • Contango Oil & Gas in its joint development agreement with Juneau Oil & Gas, LLC, covering certain oil and gas exploration prospects in the Gulf of Mexico;
  • York Tactical Energy Fund in a $125 million strategic asset-level joint venture with Bayswater Natural Resources Fund III in the DJ Basin;
  • Colony Capital in connection with:
    • the formation of the new joint venture partnership, Alpine Energy Capital, LLC, to provide capital and asset management solutions to the U.S. upstream oil and gas industry;
    • its joint venture between Colony HB2 Energy and California Resources Corporation to fund up to $500 million for the development of CRC’s flagship Elk Hills field, located in the San Joaquin Basin; and
    • its joint venture with HB2 Energy to form Colony HB2 Energy, an energy-focused investment management platform;
  • BCE-Mach LLC, a partnership between Bayou City Energy Management LLC and Mach Resources, in the acquisition of producing oil and gas properties located in Barber and Harper counties, Kansas;
  • Houston Energy in its joint venture with a third-party private equity firm for the exploration and development of certain deepwater Gulf of Mexico nonoperated exploratory prospects;
  • the management of Massif Oil & Gas II, LLC in its strategic partnership with NGP to acquire and develop oil and gas assets located in the Powder River Basin;
  • Bayou City Energy in:
    • a drilling partnership transaction between its affiliate, BCE Roadrunner LLC, and Chaparral Energy, L.L.C. to jointly develop Chaparral’s STACK acreage in Canadian and Garfield counties, Oklahoma;
    • a preferred equity investment in High Mesa Inc., the Class B limited partner of Alta Mesa Holdings, LP, a privately held oil and gas exploration and production company with assets in the Sooner Trend area of the Anadarko Basin and south Louisiana; and
    • a joint development agreement with Alta Mesa Holdings, LP, to jointly develop AMH’s STACK play acreage located in Kingfisher County, Oklahoma;
  • the management of Lambda Energy Resources in its strategic partnership with RedBird Capital to acquire and develop oil and gas assets located in the Michigan Basin;
  • Highbridge Principal Strategies in a successful credit bid acquisition of certain oil and gas assets of RAAM Global Energy Company in the Gulf of Mexico, Louisiana, Texas, Oklahoma and Nebraska, as part of a Chapter 11 proceeding in the U.S. Bankruptcy Court for the Southern District of Texas in which Highbridge was the senior secured lender;
  • Samson Resources Corporation in the following sales of oil and gas assets as part of its Chapter 11 proceeding in the U.S. Bankruptcy Court for the District of Delaware: (i) its sale of assets located in the Williston Basin to Resource Energy Can-Am LLC for $75 million; (ii) its sale of assets located in the San Juan Basin to the Southern Ute Indian Tribe, doing business as Red Willow Production Co., for $116 million; (iii) its sale of West Anadarko assets to Tecolote Holdings LLC for $131 million; (iv) its sale of East Anadarko assets to Rebellion Energy LLC for $152 million; (v) its sale of Central Anadarko assets to Fairway Resources Partners III LLC for $132 million; and (vi) its sale of mineral interests located in the Permian Basin to Stone Hill Minerals Holdings LLC for $51.7 million;
  • Alta Marcellus Development, LLC, a wholly owned subsidiary of Alta Resources Development, LLC, in connection with its $1.24 billion acquisition of operated and nonoperated upstream assets and operated midstream assets in the Marcellus Shale from Anadarko Petroleum Corp.;
  • a public utility and its midstream affiliate in its equity investment in a $3.5 billion pipeline joint venture to support Marcellus Shale development;
  • an international state-owned entity in its proposed participation in a $6.5 billion liquefied natural gas export facility located on the U.S. West Coast, including the negotiation of a Terminal Services Agreement and Firm Transportation Agreement; and
  • Emerald Oil, Inc. in its divestiture of oil and gas assets located in North Dakota and Montana as part of a Chapter 11 proceeding in the U.S. Bankruptcy Court for the District of Delaware.

Mr. Carper has been recognized in Chambers USA, The Legal 500 and IFLR1000.

Credentials

Education

  • J.D., South Texas College of Law, Houston, 2007
  • B.A., The University of Texas, 2004

Admissions

  • Texas

Cody Carper

Partner, Mergers and Acquisitions; Private Equity; Energy and Infrastructure Projects
cody.carper@skadden.com