Buddy Clark


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Education and Clerkships

J.D., University of Texas at Austin School of Law, 1982

B.A., University of Texas at Austin, 1978

Bar Admissions



Buddy Clark focuses his practice in energy finance, including representation of lenders, private capital providers and energy companies in secured and unsecured credit transactions and equity investments; transactional energy law, including oil and gas exploration, production and development, acquisitions, title and partnerships; independent power projects; and energy related litigation. 

Selected Client Representations 

  • Energy lenders in senior and mezzanine syndicated, club and sole bank facilities ($10 million to $3 billion) in connection with secured reserve based oil and gas production loans, including preparation and negotiation of credit facilities, mortgages and related loan documents.
  • Representation of capital providers and management teams for exploration and production companies.
  • General legal advice to oil and gas companies on various transactional matters including multi-state producing property acquisitions, reserved based and production payment financings, dispute resolution, and operating matters.
  • Acquisition of producing properties in Texas, Louisiana, Mississippi, Montana, North Dakota, New Mexico, Oklahoma, Alabama, Kansas, Pennsylvania, W. Virginia, and Gulf of Mexico.
  • Workouts and debt restructurings on behalf of energy lenders and borrowers in multi-state secured oil and gas production loans and bankruptcy related oil and gas producing property acquisitions.
  • Formerly special counsel to the Executive Director for U.S. Emergency Oil & Gas Loan Guaranty Board. 

Selected Publications and Presentations

  • "New Paradigm in E&P Finance," guest article, Oil & Gas Monitor, March 10, 2014.

Buddy Clark in the Wall Street Journal

Buddy Clark

Noble’s Rosetta Deal Is OPEC’s Problem

OPEC has apparently all but given up on oil prices getting back to triple digits and staying there over the next decade, in part because of the U.S. shale boom. Does Noble Energy’s $2.1 billion acquisition of Rosetta Resources offer the Organization of the Petroleum Exporting Countries a glimmer of hope?...

Navigating Current Oil and Gas Markets

This series of energy industry alerts provides both oil and gas producers and bankers with timely information about distressed commodity prices and legal options to consider regarding credit agreements, restructuring debt, and potential defaults.


Best Lawyers

Best Lawyers in America 2015

Best Lawyers in America®, an annual referral guide listing outstanding lawyers throughout the U.S., has once again recognized Haynes and Boone, LLP lawyers. This year, 56 of the firm's practices were listed in the guide, an increase from last year.

Published by Woodward/White, Inc. in August 2014.

News and Publications

Professional and Community Activities

  • State Bar of Texas (Member, Natural Resources and Environmental Law Sections) 
  • Houston Energy Finance Group 
  • Fellow Houston and Texas Bar Foundations 
  • Independent Producers Association of America, Capital Markets Committee

Professional Recognition

  • Recognized as one of the Best Lawyers in America in Project Finance Law (2008-2015) and Natural Resources Law (2006-2015) and Energy Law (2012-2015) 
  • Recognized in Euromoney's Guide to the World's Leading Energy and Natural Resources Lawyers, 2015
  • Recognized as a Super Lawyer in Energy & Natural Resources by Law & Politics and Texas Monthly (2009-2014), Banking, Securities & Corporate Finance (2013-2014) 
  • Selected for inclusion in Houston Business Journal's list of Who's Who in Energy, 2013 
  • Martindale Hubbell® Law Directory with a Peer Review Rating of AV® Preeminent™

Featured Alert


A Dozen Ways to Stretch Your Borrowing Base

Oil markets have fallen significantly since the latest round of borrowing base redeterminations in September and October. The next scheduled round of redeterminations is set for March. Expectations are that there will be substantial downward pressure on producers’ borrowing bases.

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