Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Meyer
07.16.26
Pillsbury advised Modiin Energy in establishing a joint venture with Eventide Partners LLC to acquire Marubeni Corporation’s 12.5% non-operating interest in the deepwater Big Foot oil and gas development, located approximately 360 kilometers south of New Orleans, in waters approximately 1,600 meters deep.
Modiin Energy is a publicly traded limited partnership, traded on the Tel Aviv Stock Exchange, and specializes in the ownership and development of high-yield oil, gas and renewable energy assets around the U.S. and Israel.
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The Pillsbury deal team was led by Corporate senior counsel Ben Clark and counsel Blake Berkey and included Tax partner Don Lonczak, Corporate associate Lee Alexander, and Litigation partner Ari Berman.