• Biography

    Buddy Clark is the co-chair for the firm’s Energy Practice Group representing clients in the oil and gas industry, including banks, private capital providers and producers in secured and unsecured credit transactions and equity investments; producers, joint venturers and midstream companies in oil and gas exploration, production and development agreements, and producing property and midstream acquisitions, joint developments and partnerships; and energy related litigation and bankruptcies. In June 2016, Buddy published “Oil Capital: The History of American Oil, Wildcatters, Independents and Their Bankers,” which traces the relationship between independent producers and their capital providers in America’s oil and gas industry. Buddy is a frequent speaker at oil and gas conferences and is often cited as an authority on current issues facing the oil and gas industry in trade publications and financial journals.

    Selected Client Representations

    • 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, including preparation and negotiation of credit facilities, mortgages and related loan documents
    • Representation of capital providers and management teams for exploration and production companies
    • General legal advice to oil and gas companies on various transactional matters including multi-state producing property acquisitions, reserved based and production payment financings, dispute resolution and operating matters
    • Acquisitions of producing properties in Texas, Louisiana, Mississippi, Montana, North Dakota, New Mexico, Oklahoma, Alabama, Kansas, Pennsylvania, W. Virginia and Gulf of Mexico
    • Workouts and debt restructurings on behalf of energy lenders and borrowers in multi-state secured oil and gas production loans and bankruptcy related oil and gas producing property acquisitions
  • Education and Clerkships

    • J.D. , University of Texas at Austin, School of Law , 1982
    • B.A. , University of Texas at Austin , 1978
  • Admissions

    • Texas