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 is head of the Energy Practice Group focusing his practice in oil and gas finance, representing banks, private capital providers and producers in secured and unsecured credit transactions and equity investments; transactional energy law, including oil and gas exploration, production and development, and midstream acquisitions, joint developments and partnerships; and energy related litigation and bankruptcies.

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

Oil and Gas

Buddy Clark book

"Oil Capital" by Haynes and Boone's Buddy Clark Covers Rise of Independent American Oilmen

Haynes and Boone, LLP lawyer Bernard F. Clark, Jr. is pleased to debut a deeply-researched history of the American oil business that recounts the industry’s booms and busts for more than 150 years, providing unique perspective and vital context about the current state of the energy market.

In the News

Buddy_Clark_Oil Gas Investor

Buddy Clark on Oil and Gas Investor Webcast: Exploring the History of the Lender-Industry Relationship

In a webcast interview with Hart Energy, Houston Partner Buddy Clark discusses his recent book, “Oil Capital: The History of American Oil, Wildcatters, Independents and Their Bankers,” which explores the relationship between lenders and the independent producers in America’s oil and gas industry.


Best Lawyers

Haynes and Boone Maintains Strong Presence in The Best Lawyers in America 2016

The Best Lawyers in America 2016, an annual referral guide listing outstanding lawyers throughout the U.S., has recognized 114 Haynes and Boone, LLP lawyers across more than 60 practice areas.

Published by Woodward/White, Inc. in August 2015

Professional Recognition

  • Named as a "world’s leading practitioner in the field" in the Energy and Natural Resources Expert Guide, Legal Media Group, 2016
  • Selected for inclusion in Houston Business Journal's list of Who's Who in Energy, American City Business Journals, 2015
  • Recognized in The Best Lawyers in America, Woodward/White, Inc., in Project Finance Law, 2008-2016; Natural Resources Law, 2006-2016; Energy Law, 2012-2016; and Oil & Gas Law, 2016
  • Recognized in Euromoney's Guide to the World's Leading Energy and Natural Resources Lawyers, Euromoney Institutional Investor PLC, 2015
  • Selected for inclusion in Texas Super Lawyers, Thomson Reuters, in Energy & Natural Resources, 2009-2015; Banking, Securities & Corporate Finance, 2013-2015
  • Recognized by Martindale Hubbell® Law Directory with a Peer Review Rating of AV® Preeminent


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.

Selected Publications and Speeches

  • "Looking Back on Lessons Learned,” panel leader, IPAA Conference “Managing Debt in Troubled Times – Surviving 2016," April 21, 2016.
  • "New Capital Sources," moderator, IPAA Private Capital Conference - Private Capital Adapts to New American Energy Paradigm, Houston, Texas, January 22, 2016.
  • IPAA Private Capital Conference, moderator, Houston, Texas, January 29, 2015.
  • “A Dozen Ways to Stretch Your Borrowing Base,” guest article, State Bar of Texas Corporate Counsel Section, Winter 2015.
  • “New Paradigm in E&P Finance," guest article, Oil & Gas Monitor, March 10, 2014.

Professional and Community Activities

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

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