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The Hunton Andrews Kurth team was led by partner The transaction also involved Linklaters (Thailand) Limited and Fox Rothschild LLP as counsel for Kalnin Ventures, LLC.© 2020 Hunton Andrews Kurth | Attorney Advertising published : "The Barnett Shale is Banpu's second deal in US shale after purchasing the Northeast Marcellus natural gas reserves in Pennsylvania during 2016-18.She said Barnett Shale matches strategically with Banpu's strategy of going greener and smarter in a bid to expand the company's footprint in US shale gas.The asset is mature with relatively low risk and low declining production profiles, which provides not only high immediate free cash flow generation, but also diversifies by moving into the centre of natural gas demand in the US market, said Mrs Somruedee.PORT LOUIS, Mauritius: A ship that has leaked more than 1,000 tonnes of oil in pristine waters off the coast of Mauritius has split in two.Crowd swells well past 10,000 at Bangkok's Democracy Monument as students call for new government and new constitution.Prime Minister Prayut Cha-o-cha has pleaded for calm and patience from security authorities deployed at the Democracy Monument where thousands of demonstrators are demanding the ouster of the government. This website uses cookies to collect certain information about your browsing session. "She said net production totalled 600 million cubic feet per day (MMCFD) in the third quarter of 2019 and proven reserves stood at 3.5 trillion cubic feet (TCF) as of September. "Upon successful acquisition, Banpu's total net gas production is expected to increase from 200MMCFD to 700MMCFD," said Mrs Somruedee.The proven reserves have more than tripled to 4.2TCF. The completion was announced on the Stock Exchange of Thailand notification on May 8th, 2020.As lead counsel, EIT lawyers across the Bangkok and US offices mutually advised on all stockholder, equity financing and related documentation with the management shareholders to corporatize BKV Oil & Gas Partners, L.P.’s multi-million dollar portfolio of North American upstream and midstream oil and gas assets. BKV Corporation was registered under the laws of the United States of America with its authorized share capital of USD 1,500 million. The company reported to the Stock Exchange of Thailand that its subsidiary, Banpu North America Corporation (BNAC), entered into a purchase and sale agreement in Barnett Shale. The proceeds of the investment will, in part, be used to fund BNAC’s acquisition of the gas assets located in the Barnett Shale Basin in Texas, further increasing Banpu’s footprint in the US upstream and midstream oil and gas space.Despite some additional hurdles and complexities arising from the ongoing COVID-19 pandemic, the Hunton Andrews Kurth lawyers across Bangkok and US offices worked together to achieve a successful closing. May 15, 2020 – Hunton Andrews Kurth’s Bangkok office assisted Banpu Public Company Limited (“Banpu”) and its Delaware holding affiliate Banpu North America Corporation (“BNAC”) in the capital contribution and corporatization of BKV Oil & Gas Capital Partners, L.P., and establishment of BKV Corporation. Hunton Andrews Kurth assisted Banpu Public Company Limited (“Banpu”) and its Delaware holding affiliate Banpu North America Corporation in the capital contribution and corporatization of BKV Oil & Gas Capital Partners, L.P., and establishment of BKV Corporation. You will get the updates within 24 hours. "BNAC will benefit from this gas resource of 89% in more than 4,200 wells with extensive midstream infrastructure. North America ... CEO Chanin Vongkusolkit founded Banpu in 1983 as a coal-mining venture in Thailand with the Auapinyakul family. 19 Dec 2019 at 04:01 Banpu has acquired a gas operation position in the Barnett Shale Basin in the US with a transaction value of US$770 million (23 billion baht).The company reported to the Stock Exchange of Thailand that its subsidiary, Banpu North America Corporation (BNAC), entered into a purchase and sale agreement in Barnett Shale.The transaction is subject to customary terms and conditions and is expected to be completed in the second quarter of 2020.The operating site is located in the Fort Worth Basin, Texas, covering over 320,000 total gross acres. Hunton Andrews Kurth assisted Banpu Public Company Limited (“Banpu”) and its Delaware holding affiliate Banpu North America Corporation in the capital contribution and corporatization of BKV … This will position the company to further develop and scale up for an initial public offering on the New York Stock Exchange. Banpu North America Corporation | ผู้ติดตาม 4 คนบน LinkedIn |