Tim Cronin

Shareholder

303-407-4482 | direct

303-407-4499 | firm

800-886-6566 | fax

tcronin@bwenergylaw.com

Printable Bio

OVERVIEW

 

Tim’s practice focuses on midstream and upstream transactional matters for the oil and gas industry. Tim represents clients in mergers and acquisitions, joint ventures, and debt and equity financing transactions. In addition, he routinely assists clients with their day-to-day legal needs, such as negotiating and preparing master service agreements, gathering and dedication agreements, joint operating agreements, farm-out agreements, and other agreements pertaining to the exploration, development, production and transportation of oil and gas.

 

Tim recently became a shareholder at Beatty & Wozniak. Prior to joining Beatty & Wozniak, he held the position of Director of Legal Affairs for a private midstream operator.

 

SELECT EXPERIENCE

Transactional

  • $175 million acquisition of a crude oil pipeline system, including onshore and offshore assets.

  • $82 million acquisition of leasehold interests and related assets located in Texas’ Permian Basin.

  • $16 million acquisition of certain producing leasehold interests and related assets located in Weld County, Colorado and Laramie County, Wyoming.

  • $21 million acquisition of non-producing leasehold interests and related assets located in Arapahoe County, Colorado.

  • $17 million divestment of producing (coal-bed methane) leasehold interests and related assets located in Wyoming’s Powder River Basin.

  • $105 million carry and earning agreement for the development of oil and gas mineral interests located in Weld County, Colorado and Laramie County, Wyoming.

  • $250 million auction and sale of developed and undeveloped leasehold acreage located in Texas.

  • Represented an independent oil and gas company in its acquisition of approximately 90,000 net mineral acres of oil and gas leases in the Fort Peck Indian Reservation in Roosevelt County, Montana.

  • Represented an independent oil and gas company in a participation agreement and term assignment of oil and gas leases  located in Columbia County, Arkansas.

  • Represented various management teams in a private-equity backed companies formed to explore, develop and transport oil and gas resources.

  • Represented a midstream company, as borrower, in a $300+ million syndicated revolving credit facility.

  • Represented a multinational banking and financial services company, as lender, in a $100 million term credit facility with an independent oil and gas company.

  • Represented a multinational banking and financial services company, as lender, in a $100 million term credit facility and $14 million revolving credit facility with an oilfield services company.

  • Represented an independent oil and gas company, as borrower, in a $20 million revolving credit facility.

Industries

  • Upstream Oil &  Gas

  • Midstream Oil & Gas

  • Natural Resources

Practice Areas

  • Transactional & Corporate

  • Mergers & Acquisitions

  • Banking & Lending

  • Due Diligence

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Admissions

  • State of Colorado

Education

  • University of Denver College of Law, LLM Tax, 2008

  • University of Denver College of Law, J.D., 2007

  • University of Oregon, B.A., Business, 2005

Professional Activities

  • Colorado Bar Association

  • Rocky Mountain Mineral Law Foundation

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