For more information please contact one of the following: Nicholas Rock Partner T: +44 (0)20 3116 3685 [email protected] Eoin O’Shea Partner T: +44 (0)20 3116 3794 [email protected] Lynne Freeman Partner T: +44 (0)20 3116 2926 [email protected] Dwight A. Howes Partner T: +1 412 288 5933 [email protected] Reed Smith LLP is a limited liability partnership registered in England and Wales with registered number OC303620 and its registered office at The Broadgate Tower, 20 Primrose Street, London EC2A 2RS. Reed Smith LLP is regulated by the Solicitors Regulation Authority. Reed Smith LLP is associated with Reed Smith LLP of Delaware, USA and the offices listed opposite are offices of either Reed Smith LLP or Reed Smith LLP of Delaware, USA, with exception of Hong Kong, which trades as Reed Smith Richards Butler. All rights reserved. Phone: +44 (0)20 3116 3000 Fax: +44 (0)20 3116 3999 DX 1066 City/DX18 London reedsmith.com Legal Services for the European Shale Sector Reed Smith’s unique shale offering… Early engagement with landowners is essential to any shale development. We can help you put in place the necessary agreements and advise you on any trespass issues. Funding and Acquisition Many of the shale plays have been and may continue to be developed by small independents. Reed Smith are adept at advising on joint venturing, raising finance (debt/equity) as well as the sale and purchase of shale assets. Property Planning (zoning) issues We can advise on all aspects of regional and national planning law and planning consents required for shale projects. Joint Operating, Drilling and Other Agreements Whether required by drillers, operators or service providers, these are critical to any shale gas project and our Energy & Natural Resources Group has extensive experience. Public Opposition Companies seeking to explore for shale in the UK are likely to be faced with aggressive protests and campaigns. Reed Smith can support operators in seeking appropriate relief against trespass and harassment, and help to ensure that projects are not interrupted or abandoned. We have extensive experience of advising multinationals seeking suitable redress against protestors. Environmental issues The environmental impacts of fracking are among the most controversial. We have one of the country’s leading specialist environmental law teams, who can advise on the full range of environmental issues such as permitting, water contamination, water and emissions and environmental disputes. Tax The UK government has pledged to create a generous tax regime for shale gas, and there are frequent announcements about what tax breaks may apply to developers and local councils. Reed Smith can help guide you through the relevant tax rules and regimes. Infrastructure procurement Reed Smith are leading advisors on engineering & construction procurement, the subsequent negotiation and placing of contracts, on contractual/legal issues during implementation of projects and the resolution of claims and/or disputes (by negotiation, arbitration, litigation). Reed Smith’s Unique Insight: Offtake and Marketing Reed Smith is one of the world’s pre-eminent law firms in relation to all aspects of the trading of gas, power and other physical commodities and their derivatives. Reed Smith has a decade of experience in shale exploration and production in the Marcellus and Utica Shale in the US and more recently in jurisdictions outside the US. We offer a ‘start-to-finish’ service to support clients, throughout all stages of project development and expansion, leasing, contract review, land acquisition, and disputes. Our lawyers have represented exploration and production companies as well as transportation and storage companies and contractors, and have extensive experience of advising on lease and access disputes, regulatory compliance, exploration and production agreements and JV and operating agreements. Our London lawyers regularly work as part of a transatlantic team and have done so on shale transactions. Reed Smith are thus uniquely well-positioned to guide companies with an interest in shale in the UK, who are entering unchartered legal waters.
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