Liz Felicidario is an associate in the Energy, Power and Natural Resources Practice Group in the Houston office of Haynes and Boone. Her practice includes a broad variety of energy transactions, including coal, crude oil, natural gas and renewable energy. She handles energy finance matters, as well as the acquisition and disposition of oil and gas properties. Liz has represented clients in secured reserve-based credit facilities, and has experience with a variety of transactions, including inventory monetizations, ISDA master agreements and schedules, power purchase agreements and oil and gas purchase and sale agreements.
- Negotiated the refinance of a reserve-based lending credit facility via an oil and gas working interest securitization, which consisted of floating rate asset-backed notes with original issue in an aggregate principal amount of $80,000,000 and a supporting hedge facility.
- Represented the buyer in the large acquisition of certain San Juan Basin oil and gas assets, and the negotiation of the related complex financing and hedging structure, which included a long-dated physical hedge and a 10-year financing, including a Euro denominated first lien facility, a USD second lien facility, multiple intercreditors and a bespoke FX hedge.
- Represented the large financial institution as the administrative agent and lender in the negotiation of a $500 million senior secured revolving credit facility.
- Represented large, private E&P company in its acquisition of producing and non-producing oil and gas assets in the Permian Basin of Texas.
J.D., University of Virginia School of Law, 2019, Assistant Projects Manager, Submissions Editor, Virginia Environmental Law Journal
B.A., Franciscan University of Steubenville, 2016, magna cum laude
Haynes and Boone, LLP is representing IKAV, the international asset management group, in its acquisition of Aera Energy LLC through two separate transactions with joint venture subsidiaries of ExxonMobil and Shell. The transaction was announced Sept. 1, 2022, and is subject to regulatory approval. The total consideration payable to Shell is approximately $2 billion in cash with additional contin [...]