Kraig Grahmann

Kraig Grahmann represents banks, private capital providers, and upstream energy companies in financing transactions and equity investments, and represents oil and gas companies in acquisition, divestiture, and joint development transactions. He also has significant experience working with International Swaps and Derivatives Association agreements and has been involved in a number of exploration and production bankruptcies.

Kraig’s client representations have included:

• Callon Petroleum Company in the sale of all its Eagle Ford oil and gas assets to Ridgemar Energy Operating, LLC for $655 million in cash with an additional contingent consideration up to $45 million.
• Callon Petroleum Company in its $475 million acquisition of the Midland Basin assets of Percussion Petroleum Operating II, LLC, with contingent consideration up to $62.5 million.
• 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 and development loans, including preparation and negotiation of credit facilities, intercreditor agreements, mortgages, and related loan documents
• Capital providers and management teams for exploration and production companies
• Acquisition and divestiture of oil and gas properties in Texas, Alabama, California, Colorado, Idaho, Kansas, Louisiana, Mississippi, Montana, New Mexico, North Dakota, Oklahoma, Pennsylvania, Virginia, West Virginia, Wyoming, and Gulf of Mexico
• Workouts and debt restructurings on behalf of energy lenders and borrowers and bankruptcy-related oil and gas transactions

Clients appreciate the deep marketplace and legal knowledge that informs Kraig’s counsel and enables him to skillfully negotiate on their behalf. With broad energy industry experience, Kraig holistically analyzes transactions and guides his clients through complex structures and changing circumstances.

Kraig was named a “Rising Star” by Texas Super Lawyers, 2014-2018 (Thomson Reuters) and recognized in The Best Lawyers in America, Woodward/White, Inc., 2023-2024. He is a frequent commentator and presenter on current legal and market developments in the oil and gas industry.