Matt Lea Image

Matt Lea

Shareholder

Matt Lea is a member of Winstead’s Finance & Banking Practice Group. He has experience representing lenders and borrowers in a wide variety of conventional and mezzanine energy financing and related secured transactions, including reserve-based lending and revolving and term credit facilities. Matt advises clients regarding derivatives transactions and Dodd-Frank Act compliance. He is also experienced with negotiating, drafting and assisting in-house counsel with intercreditor agreements, hedging agreements (including ISDA Master Agreements and NAESBs), netting agreements, guarantees, and trade confirmations. In addition, Matt provides counsel to clients regarding Dodd-Frank compliance issues relating to swaps, including the ISDA Dodd-Frank Protocols.

Matt also has experience with other types of energy-related transactions such as acquisitions and divestitures and the preparation and negotiation of oil and gas leases, seismic permits, operating agreements, participations agreements, asset acquisition agreements, easement agreements and Bureau of Ocean Energy Management qualifications and operating right and record title assignments.

Experience

  • Representation of a commercial bank, as administrative agent, in a $125,000,000 syndicated reserve-based senior first lien secured credit facility collateralized with certain oil and gas assets in the State of Texas.
  • Representation of a commercial bank, as administrative agent, in a $100,000,000 syndicated senior first lien secured credit facility collateralized with certain pipeline and other midstream assets located in the States of Texas and Louisiana.
  • Representation of a mezzanine lender in a $75,000,000 advancing term credit facility collateralized with certain oil and gas assets located in the State of Texas, in which the lender acquired an overriding royalty interest in the borrower’s oil and gas assets.
  • Representation of a mezzanine lender in a $40,000,000 advancing term credit facility collateralized with certain coal-bed methane properties located in the States of Kansas and Pennsylvania, in which the lenders acquired fee mineral interests and net profits overriding royalty interests in the coal bed methane assets.
  • Representation of a foreign mezzanine lender in a $200,000,000 senior term loan credit facility collateralized with certain oil and gas assets located in the State of Texas, in which the lender acquired a net profits overriding royalty interest in the borrower’s oil and gas assets located in the State of Texas.
  • Representation of a publicly-traded oil and gas exploration and production company in a $300,000,000 syndicated senior first lien secured revolving credit facility and a $350,000,000 syndicated second lien term loan to finance the company’s acquisition and development of certain oil and gas assets located in and offshore the States of Texas and Louisiana.
  • Representation of commercial and mezzanine lenders in the negotiation of intercreditor agreements involving first and second lien lenders and hedges counterparties and standardized master agreements commonly used in the energy industry (including ISDAs and NAESBs).
  • Representation of commercial and mezzanine lenders in various workout and credit settlement transactions, including the foreclosure on and transfer of secured oil and gas assets located in, among other places, the States of Texas, Louisiana, Kansas, Pennsylvania, Wyoming and Colorado.