Cody Carper

Biography

Cody Carper
Cody Carper is a Partner in Weil’s Private Equity practice and is based in Houston. Cody’s practice focuses 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.

Prior to joining Weil, Cody was a partner at another international law firm. Prior to that, he 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.

Experience*

  • Sunoco LP in its pending approximately $7.3 billion acquisition of NuStar Energy L.P.
  • Southwestern Energy Company in its:
    • $2.7 billion acquisition of Indigo Natural Resources, LLC
    • $1.85 billion acquisition of GEP Haynesville, LLC
  • CF Industries in:
    • the largest-of-its-kind project with ExxonMobil to capture and permanently store up to 2 million metric tons of CO2 emissions annually
    • its Joint Development Agreement with Mitsui & Co., Ltd. to jointly develop a greenfield blue ammonia production facility located in the U.S. Gulf Coast region
  • North Hudson Resource Partners LP and its affiliated funds in its strategic partnership with the management team of LOGOS Resources II, LLC to acquire and develop oil and gas assets located in the San Juan Basin
  • Macpherson Energy Corporation in its $70 million sale of the company to Berry Corporation
  • Whitefish Energy Partners in its $200 million strategic partnership with a private equity firm to acquire non-operated oil and gas assets
  • Crescent Energy Company in its $310 million acquisition of oil and gas assets located in the Central Basin Platform in West Texas and the Powder River Basin in Wyoming from Sunrise Oil & Gas
  • Contango Oil & Gas Company in its:
    • acquisition of conventional gas assets in the Wind River Basin in Wyoming from ConocoPhillips
    • joint development agreement with Juneau Oil & Gas, LLC, covering certain oil and gas exploration prospects in the Gulf of Mexico
  • 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
    • a joint development agreement with Alta Mesa Holdings, LP, to jointly develop AMH’s STACK play acreage located in Kingfisher County, Oklahoma
  • 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
    • its acquisition of oil and gas properties located in the State of Oklahoma from Camino Natural Resources, LLC
    • its acquisition of oil and gas properties located in the States of Texas and Oklahoma from EV Properties, L.P.
  • DigitalBridge, Inc. in:
    • 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
    • its joint venture with HB2 Energy to form Colony HB2 Energy, an energy-focused investment management platform
  • York Tactical Energy Fund in a $125 million strategic asset-level drilling joint venture with Bayswater Natural Resources Fund III in the DJ Basin
  • Houston Energy in:
    • its joint venture with a third-party private equity firm for the exploration and development of certain deepwater Gulf of Mexico non-operated exploratory prospects
    • the formation of HEQ Deepwater, with Quantum Energy, with more than $400 million of equity capital commitments
  • Lime Rock Partners VIII, L.P. and its portfolio company San Juan Offshore LLC in a management-led buyout of all of Arena Energy, LP’s Gulf of Mexico assets out of bankruptcy
  • The management of Massif Oil & Gas, LLC in:
    • its strategic partnership with NGP to acquire and develop oil and gas assets located in the Powder River Basin
    • its merger with Rebellion Energy II
    • its strategic partnership with Castlelake, LP to acquire and jointly develop the Hilight Field located in the Powder River Basin of Wyoming
  • White Knight Production in:
    • its divestiture of all producing oil and gas assets located in Wichita County, Texas to iStick
    • its divestiture of all producing oil and gas assets located in the State of California to California Resource Corporation
  • 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 II, LLC in the:
    • $215 million sale of all of its Powder River Basin oil and gas assets
    • $525 million sale of east Texas and north Louisiana oil and gas assets to Rockcliff Energy II LLC
  • 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 non-operated 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
  • 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
  • A financial institution in its $3 billion business combination with a leading private equity firm
  • Cannon Field Minerals Fund I in its inaugural energy fund targeting mineral and royalty interests located in the State of Oklahoma
  • Hillman Royalties, LP in its inaugural energy fund targeting mineral and royalty interests throughout the United States
  • Newfound Partners in its joint development of a utility scale solar farm located in Brazoria County, Texas with affiliates of Leeward Renewable Energy
  • Ares Capital and Development Capital Resources in the $300 million drilling joint venture with Endeavor Energy Resources to develop oil and gas properties located in the Midland Basin
  • Guidon Energy and Blackstone Energy Partners in the $500 million acquisition of oil and gas assets located in the Permian Basin from Endeavor Energy Resources
  • Intrepid Financial Partners in its financial advisory role in Contango Oil & Gas Company’s acquisition of Mid-Con Energy Partners

Cody is recognized as a leading lawyer for Energy: Oil & Gas (Transactional) in the U.S. by Chambers USA where clients describe him as "a great oil and gas lawyer” who “knows the space well and is a subject matter expert." Cody is also recognized as a “Next Generation Partner” for Energy Transactions: Oil And Gas by The Legal 500and as a “Notable Practitioner” for M&A in the U.S. by IFLR1000.

Cody received his J.D. from South Texas College of Law and his B.A., from the University of Texas.

 

*Includes matters handled prior to joining Weil.

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