Adam Dempsey

Adam utilizes his collaborative nature and talent for bringing people together to efficiently shepherd and close high-stakes oil and gas deals. With over 15 years of private practice and in-house experience advising on complex transactions—including acquisitions, divestitures, joint venture arrangements, equity investment vehicles, operational agreements, and financing arrangements—he counsels public and private companies, management teams, and equity investors on all types of business arrangements, primarily in the upstream, midstream, oilfield services, and energy transition sectors.

Select experience prior to joining Hunton:

• Represented Hilcorp Energy in the acquisition from a global energy company of certain oil and gas interests located in the Freestone Trend area of East Texas.
• Represented Marathon Oil KDV B.V. in the sale of its remaining interest in the Atrush Block of the Kurdistan region of Iraq.
• Represented a Marathon Oil subsidiary in an effort to lease 285,000 net acres in the Austin Chalk play in Louisiana and in a related joint venture arrangement with an Equinor subsidiary related to the development of that acreage.
• Represented a Marathon subsidiary in the $329 million acquisition of certain upstream and midstream oil and gas interests located in the Eagle Ford shale play.

• Represented a publicly traded oil and gas company in a multi-year plugging and abandonment (P&A) agreement with a publicly traded energy service provider for the decommissioning of offshore assets.
• Represented a publicly held oil and gas exploration and production company in the proposed $635 million divestiture of oil and natural gas interests and midstream assets located in California, offshore California, and in the Gulf of Mexico.
• Represented Freeport-McMoRan Oil & Gas and certain of its affiliates in the $102 million sale to Blackstone Minerals, L.P. of a diverse oil and gas mineral asset package located in Texas, Louisiana, and Arkansas.
• Represented a publicly held oil and gas exploration and production company in the $112 million acquisition of certain oil and natural gas interests located in the Gulf of Mexico.
• Represented a privately held oil and gas exploration and production company in a $25 million joint venture arrangement funded with domestic and foreign private equity for the development of certain oil and natural gas interests located in the Permian Basin.
• Represented a publicly held oil and gas exploration and production company in the acquisition of certain midstream assets located in the Gulf of Mexico.
• Represented a global financial institution, National Association in a $500 million senior, secured oil and gas borrowing base facility for Callon Petroleum Company secured by oil and gas properties located in the Permian Basin.
• Represented Wells Fargo Bank, National Association in a $350 million senior, secured facility for Rockwater Energy Solutions, Inc. secured by substantially all the company’s assets.

• Member, American Bar Association
• Member, Texas Bar Association
• Member, Houston Bar Association