Austin Elam, partner and co-chair of Haynes Boone’s Oil and Gas Practice Group, was quoted in a Law360 article discussing the increased focus in gas-heavy regions. Read an excerpt below:
A transactional resurgence for the gas industry and surging prospects for solar development have made 2022 a busy year for energy deal work, but attorneys are grappling with an added degree of difficulty that could continue through the rest of the year.
Geopolitical and economic turmoil has raised energy and commodity prices, making it trickier to strike deals and increasing project development costs. …
Austin Elam, who co-chairs Haynes and Boone, LLP's oil and gas practice group, said capital that for years had flowed out of gas-heavy regions like the Marcellus and Haynesville toward oil-heavy regions is now flowing back.
"It's interesting, and welcome, to see that there's renewed optimism, activity and development in the gas-focused spaces," Elam said.
To read the full article from Law360, click here.
