The use of hydraulic fracturing or “fracking” to tap into previously inaccessible, yet potentially enormous, natural gas reserves has resulted in numerous merger and acquisition transactions involving companies connected to the shale gas exploration and production business. It also has increased regulatory and litigation attention on the shale gas industry, impacting those transactions. Federal and state legislatures as well as regulatory agencies are reporting almost weekly initiatives to monitor safety issues and increase oversight. At the same time, industry is proactively championing its efforts at self-regulation and greater transparency in the advancement of “scientifically sound” shale development. The increase in fracking-related lawsuits reflects and further seeks to exploit the uncertainty around environmental, human health, real property, and commercial issues. Also, shale’s rapid evolution is not limited to domestic plays. Shale reserves throughout the world also are being developed, with international authorities creating their own, potentially overlapping and conflicting regulatory standards. In this 90-minute webinar, Abbi L. Cohen, Hope S. Freiwald, Wim Vandenberghe, and John M. Ix, of Dechert LLP, will discuss how these changes may impact natural gas well installation and operation, with particular focus on key regulatory, due diligence, and litigation considerations arising from fracking, including:
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Abbi L. Cohen, Dechert LLP; Hope S. Freiwald, Dechert LLP; John M. Ix, Dechert LLP; and Wim Vandenberghe, Dechert LLP