Winston & Strawn Attorneys Outline a Post-Pandemic Road Map to Recovery for Oil and Gas PE

As the oil and gas industry continues to face significant challenges, private equity professionals have their hands full. Valuations that were once reliable, are now fraught with new complexities due the extreme volatility in commodity prices. Houston Attorneys Eric Johnson and Mike Blankenship recently spoke to Hart Energy about the challenges for private equity in the oil sector and their path to recovery.

Eric Johnson said, “Raising new money for non-distressed assets may be difficult when potential investors have negative views of the oil and gas industry.”

“As more distressed assets come to market, sponsors should roll up their sleeves to understand how such assets became impaired and whether there is any potential for future growth,” said Mike Blankenship.

Read more of their insights here (subscription required).

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