NORTH AMERICAN UNCONVENTIONAL GAS PLAYS

• Jurisdiction: Derecho Internacional

International Mining and Oil & Gas Law, Development, and Investment
(Apr 2011)
CHAPTER 19A
NORTH AMERICAN UNCONVENTIONAL GAS PLAYS
John B. Connally IV
Vinson & Elkins LLP
Houston

JOHN B. CONNALLY is a partner at the Houston office of Vinson & Elkins LLP. John B.'s practice involves the representation of clients in domestic and international mergers and acquisitions, project development and finance transactions, private equity investments, joint ventures, and a variety of energy matters. He has worked on transactions in more than 20 states in the United States and more than 25 countries throughout the Americas, Asia, Europe, and Africa. John B. was named an "Up and Comer" in energy: transactional law in Chambers USA: America's Leading Lawyers for Business, 2009, where he was recognized for "undertaking a range of high-profile matters." John B. received his J.D. with high honors from The University of Texas School of Law, and graduated Phi Beta Kappa with a B.A. from Vanderbilt University; He was admitted to practice: Texas, 1997; New York, 2008.

North American upstream M&A trends

✓ North American E&P M&A uptick to continue

✓ Shale play strength to continue

✓ Popularity of joint ventures to continue

✓ Inbound investment to remain strong

✓ Increased private equity/financial player involvement

✓ Shale plays becoming more liquids-centric, moving away from gas to oil shale

North America at-a-glance

1. Uptick in the number of deals in 2010

2. A high percentage of shale divestitures and joint ventures

3. A...