The article highlights Rose’s work for Mariner Energy Inc. in the aftermath of the April 2010 Deepwater Horizon disaster. Just five days prior to the rig blowout, Apache had agreed to purchase Mariner Energy for $3.9 billion. Drafting the complex deal did not take long, but after the government shut down all deepwater drilling in the Gulf of Mexico, the transaction took longer to close than originally expected.
Rumors were rampant that Apache was having second thoughts about the deal, the article noted. But Scott D. Josey, former chairman and CEO of Mariner and now a member of Apache’s board of directors, told Law360 that the company never wavered from its commitment to the deal. Having a well-put together agreement in place helped alleviate any concerns, he said.
“We had good documents, partly due to the assistance from Kelly and her team,” Josey said.
The complete Law360 feature on Rose is available here.
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