Overview
Wells represents mining and energy companies in domestic and international mergers and acquisitions and joint ventures. His work includes the purchase and sale of public and private mining and energy companies and related projects, as well as earn-in and joint venture transactions, capital raising projects, finance, royalty and mineral streaming transactions, mineral and surface leasing, wind and solar leasing, and land transactions.
Wells represents energy developers negotiate, secure and review land leases, easements, crossing agreements and other related real property rights required in the development and operation of a solar, wind, energy storage and conventional energy projects. He works with developers in preparing and reviewing project development plans, surveys and title insurance commitments, and in performing title curative work in connection with financing and sale transactions. Wells has significant experience in the development of solar, wind and energy storage projects on public lands and in obtaining real property easements, leases and related real property interests on lands managed by the Bureau of Land Management, Forest Service and various state land management agencies.
Wells is nationally recognized by Chambers, a prestigious legal industry ranking service, with the highest ranking (Band 1) for Global USA in Energy, Mining & Metals (Transactional). Wells serves on Dorsey’s Management Committee as a Business Group Head covering Dorsey’s Energy, Natural Resources and Environmental practices.
Experience
Client Achievements
- Goldcorp and Newmont Combine to Form World’s Largest Gold Company
- BMO Capital Markets secures key funding for gold mining company
- Golden Queen Mining completes key financing
- Nevada Copper closes $20 million bridge loan facility
- Golden Queen Mining forms joint venture to develop and operate the Soledad Mountain project
- Whiting Petroleum and Kodiak Oil & Gas combine to create largest Bakken/Three Forks oil producer
- Public-Private Partnership Key to Quitchupah Creek Road Project
Representative Experience
Mergers & Acquisitions – Mining
- Represented Teck Resources Limited in a 50:50 joint venture agreement with PolyMet Mining Corporation (Glencore subsidiary) and formation of the NewRange Copper Nickel joint venture to combine PolyMet’s NorthMet Project and Teck’s Mesaba Project.
- Represented Manara Minerals, a joint venture of Saudi Arabian Mining Company (Ma’aden) and the country’s Public Investment Fund (PIF), in its acquisition of a 10% stake in Vale Base Metals Limited, the holding entity of Value SA’s energy transition metals business. The deal is valued at approximately $3.4 billion.
- Represented Sprott Mining in the sale of the Jerritt Canyon Mine to First Majestic Silver Corporation for $470 million.
- Represented GoldCorp as U.S. counsel in Newmont’s $10 billion merger acquisition of Goldcorp.
- Represented Sumitomo Metal Mining in sale of the Pogo Gold Mine to Northern Star Resources for $260 million.
- Represented Barrick Gold and Nevada Gold Mines in multiple mining project acquisitions across the western U.S.
- Represented Energy Fuels in the sale of three subsidiaries that together held Energy Fuels' Alta Mesa ISR Project to enCore Energy Corp. for total consideration of $120 million.
- Represented Arch Resources in sale of a domestic mining company with multiple producing mines and related assets in Utah for $423 million, and acquisition of the Jacobs Ranch mine in the Powder River Basin for $764 million.
Mergers & Acquisitions – Renewable Energy
- Represented renewable energy developer in sale of two solar projects in Oregon.
- Represented renewable energy developer in the sale of solar project in Utah.
- Represented renewable energy developer in the acquisition of pumped storage hydroelectric projects in Minnesota.
- Represented renewable energy developer in the purchase of five solar projects in Utah.
- Represented renewable energy developer in the purchase of a wind project in Idaho.
- Represented renewable energy company in due diligence review, purchase and finance for large wind project in Ohio.
- Represented utility company in due diligence review and acquisition of wind project in Colorado.
- Represented renewable energy developer on leasing, easement and title curative process for multiple projects in Utah.
- Represented renewable energy developer on real property acquisition and development for compressed air energy storage project in Utah.
- Represented renewable energy developer on leasing, easement and title curative process for projects in Oregon, Washington and Idaho.
Mine Finance and Royalty Transactions
- Represented Mubadala Investment Company in $130 million investment in Equinox Gold Corp.
- Represented Nevada Copper Corp. in $200 million credit facility.
- Represented Franco-Nevada Corporation in acquisition of a royalty on Golden Meadows Project in Idaho for $15 million.
- Represented International Minerals Corporation in sale of royalty on Ruby Hill gold mine in Nevada to Royal Gold, Inc. for $38 million.
Joint Venture Transactions
- Represented Teck Resources Limited in a 50:50 joint venture agreement with PolyMet Mining Corporation (Glencore subsidiary) and formation of the NewRange Copper Nickel joint venture to combine PolyMet’s NorthMet Project and Teck’s Mesaba Project.
- Represented Kennecott Exploration Company (Rio Tinto) in multiple earn-in and joint venture transactions across western U.S.
- Represented Barrick Gold and Nevada Gold Mines in multiple earn-in and joint venture transactions across western U.S.
- Represented Golden Queen Mining Co. Ltd. in joint venture with Leucadia National Corporation for the Soledad Mountain Gold and Silver Project in California.
- Represented international uranium company in joint venture transactions for the development of mining projects in Arizona.
- Represented international gold mining company in transaction involving amendments to joint venture agreement relating to producing gold mine in Nevada.
Mining, Oil & Gas and Land Transactions
- Represented independent power producers in wind and solar leases, easement agreement, and title curative in connection with project and tax equity financing.
- Represented major coal company in leasing, permitting, construction and development of mine ventilation facility in Utah.
- Represented oil and gas companies in leasing, easements and facility and transportation agreements for oil and gas projects.
- Represented mining companies in property transactions including property purchase and sale agreements, mineral leases, surface use agreements, well suspension agreements, data sale agreements and royalty agreements.
Infrastructure and Economic Development Projects
- Represented Canyon Fuel Company, LLC in the joint planning, permitting, development, construction and funding, with the Sevier County, Sevier Special Service District # 1, of the Quitchupah Creek Road.
- Represented Nevada Copper Corp. in Federal land exchange and property acquisition with the City of Yerington for the development of the Pumpkin Hollow Copper Mine.
Pay for Success
- Represented financial and legal intermediary for two PFS projects for Salt Lake County addressing criminal justice and homelessness.
- Advised service providers on draft legislation, PFS legal governance and transaction structure for the Employability to Careers PFS project being pursued by the State of Utah.
- Represented service provider on PFS project designed to deliver environmental outcomes through agricultural conservation practices to address storm water pollution reduction requirements.
News & Resources
Articles
News & Press Mentions
Legal Writings
Select Presentations
- “Trends and Opportunities in the U.S. Renewables Space,” held in connection with Solar Power International, September 2019
- “The Due Diligence Process and Its Impact on the Deal,” Rocky Mountain Mineral Law Foundation, Special Institute on Due Diligence in Oil & Gas Transactions, Denver, CO, September 2018
- “U.S. Legal Issues in Cross-Border Mining M&A Transactions,” Rocky Mountain Mineral Law Foundation, Workshop on Cross-Border Natural Resource Transactions, June 2017
- “Real Property Due Diligence in Mining Transactions”, American Exploration and Mining Association, Annual Conference, Reno, NV, December 2016
- “Mining on Federal Lands,” Rocky Mountain Mineral Law Foundation, Special Institute on Public Land Law, Regulation, and Management, Santa Fe, NM, May 2014
- “Mining in Difficult Markets: A Discussion of U.S. Legal Issues for Mining Companies and Advisors,” Dorsey Canada Practice Group Webinar, September 2013
- “Ownership and Development Conflicts Between Oil & Gas and Other Minerals," Rocky Mountain Mineral Law Foundation, Special Institute on Horizontal Oil & Gas Development, Denver CO, November 2012
- “Acquisition and Exercise of Mineral Rights on Federal Lands," Rocky Mountain Mineral Law Foundation, Mining Law Short Course, Boulder CO, May 2010
- "Uranium Mining and Milling", Energy Law, University of Utah, S.J. Quinney College of Law, April 2008
Industries & Practices
Energy & Natural Resources
Explore This Practice View client achievements related to this practice View resources related to this practicePublic-Private Partnerships
Explore This Practice View client achievements related to this practice View resources related to this practiceCanada Cross-Border Transactions
Explore This Practice View client achievements related to this practice View resources related to this practiceProject Development & Finance
Explore This Practice View client achievements related to this practice View resources related to this practiceDevelopment & Infrastructure
Explore This Practice View client achievements related to this practice View resources related to this practice- Canada Cross-Border Transactions
- Development & Infrastructure
- Energy & Natural Resources
- Environmental
- Indian & Alaska Native
- Mergers & Acquisitions
- Mining
- Oil & Gas
- Project Development & Finance
- Public-Private Partnerships
- Real Estate & Land Use
Professional & Civic
Professional Achievements
- Utah State Bar Association; Energy, Natural Resources and Environmental Law Section
- Rocky Mountain Mineral Law Foundation
- Mining Chair for 2017 Annual Institute
- Special Institutes Committee
- Publications Committee
- Membership Committee
- Program Committee, Special Institute on the Nuts and Bolts of Mineral Title Examination, February 2012
- Board Member, University of Utah Alumni Association, Young Alumni Board of Directors, 2014-2017
Accolades
- Recognized by Chambers Global (Energy: Mining & Metals (Transactional) in USA), 2023
- Named a Best Lawyers® Lawyer of the Year, Energy Regulatory Law, 2023, 2025
- Listed in Best Lawyers in America©, 2021-2025
- Named one of “America’s Leading Business Lawyers” by Chambers USA (Environment, Natural Resources & Regulated Industries), 2019-2021, (Energy: Mining & Metals (Transactional)), 2022, 2024 (Natural Resources & Environment), 2023-2024
- Named “Up & Coming” by Chambers USA (Environment, Natural Resources & Regulated Industries), 2016-2017
- Listed as a Mountain States Rising Star, 2016-2021
- Named one of Utah’s Legal Elite by Utah Business Magazine, Energy & Natural Resources, 2015; 2018-2021