Tess N. Wafelbakker

Associate

Houston
T +1.713.646.1309
F +1.713.751.1717

Overview

Tess Wafelbakker’s principal areas of practice are corporate and securities law, including general corporate representation and mergers and acquisitions, primarily in the energy industry. She regularly assists clients in capital markets transactions and advises clients regarding periodic SEC reporting, corporate governance, and compliance matters. She has assisted in the negotiation and drafting of various transaction documents, including purchase and sale agreements, consulting agreements, registration rights agreements, and confidentiality agreements. She also has experience with buyside and sell-side due diligence and with corporate and limited liability company entity formation.

Select Experience

  • Represented public company in the acquisition of assets from private equity portfolio company for $291 million in the Permian Basin.
  • Represented issuer in $20 million public underwritten offering and concurrent registered direct offering of common stock.
  • Represented private company in its sale to a strategic acquiror for $12.25 million involving equity rollover.
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Experience

  • Represented public company in the acquisition of assets from private equity portfolio company for $291 million in the Permian Basin.
  • Represented issuer in $20 million public underwritten offering and concurrent registered direct offering of common stock.
  • Represented private company in its sale to a strategic acquiror for $12.25 million involving equity rollover.
  • Represented public company in its acquisition of two portfolios of mineral and royalty interests in Texas and Oklahoma for $6.9 million in cash and stock and concurrent underwritten public offering of common stock.
  • Represented public company in the acquisition of assets from a private equity portfolio company for $17 million in the Permian Basin.
  • Represented issuer in private exchanges with institutional investors and separately commenced private exchange offers to qualified institutional buyers or non-U.S. persons of approximately $152.2 million aggregate principal amount of its 6.375% Senior Subordinated Notes, $219.9 million aggregate principal amount of its 5.5% Senior Subordinated Notes, $96.3 million aggregate principal amount of its 4.625% Senior Subordinated Notes and $429.4 million aggregate principal amount of its 7.5% Senior Secured Second Lien Notes in exchange for a total of approximately $120 million of cash, $531.8 million aggregate principal amount of its new 7.75% Senior Secured Second Lien Notes and $245.5 million aggregate principal amount of new 6.375% Convertible Senior Notes.
  • Represented a leading oil and gas investment company in obtaining a $50 million revolving loan.
  • Represented a global chemical and specialty materials company in its potential acquisition of a portfolio of bioprocessing businesses and conducted associated buyside due diligence.

Recognitions and Memberships

Memberships

  • Dallas Association of Young Lawyers

Community

  • Southern Methodist University Board of Advocates, Dallas Kids Project: Mock Trial Coach (2016)

Pro Bono

  • As former pro bono case assistant, collaborated with attorneys to enforce judgment for a nonprofit organization, liaised with Los Angeles County Assessor's Office to obtain property information, prepared writs of execution and more.

Prior Positions

  • Human Rights Initiative of North Texas Inc.: Extern (2017)
  • Children At Risk: Legal Intern (2016)
  • The Honorable Martin Hoffman, 68th Civil District Court: Judicial Intern (2016)

Admissions

  • Texas

Education

  • J.D., Southern Methodist University Dedman School of Law, 2018, cum laude; SMU International Law Review Association, Associate Managing Editor; Student Bar Association, Mentor; Association for Public Interest Law, Executive Board
  • B.A., Loyola Marymount University, 2012

Languages

  • Dutch