Attached files
file | filename |
---|---|
S-1 - S-1 - PAR PACIFIC HOLDINGS, INC. | d629519ds1.htm |
EX-23.1 - EX-23.1 - PAR PACIFIC HOLDINGS, INC. | d629519dex231.htm |
EX-23.2 - EX-23.2 - PAR PACIFIC HOLDINGS, INC. | d629519dex232.htm |
EX-23.3 - EX-23.3 - PAR PACIFIC HOLDINGS, INC. | d629519dex233.htm |
EX-23.4 - EX-23.4 - PAR PACIFIC HOLDINGS, INC. | d629519dex234.htm |
EX-10.10 - EX-10.10 - PAR PACIFIC HOLDINGS, INC. | d629519dex1010.htm |
Exhibit 5.1
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1000 Main Street, 36th Floor Houston, Texas 77002 Telephone {713} 226-6000 Telecopier {713} 228-1331 porterhedges.com | |||
November 22, 2013
Par Petroleum Corporation
One Memorial City Plaza
800 Gessner Road, Suite 875
Houston, Texas 77024
Ladies and Gentlemen:
We have acted as special counsel to Par Petroleum Corporation, a Delaware corporation (the Company), in connection with the Companys registration statement on Form S-1 (the Registration Statement), filed with the Securities and Exchange Commission (the SEC) pursuant to the Securities Act of 1933, as amended (the Securities Act), relating to the offer and sale by the selling stockholders named in the Registration Statement of up to an aggregate of 143,884,892 shares (the Shares) of the Companys common stock, par value $0.01 per share (the Common Stock).
As the basis for the opinions hereinafter expressed, we have examined: (i) originals, or copies certified or otherwise identified, of (a) the Registration Statement; (b) the Amended and Restated Certificate of Incorporation of the Company, as amended to date; (c) the Amended and Restated Bylaws of the Company; (d) certain resolutions of the Board of Directors of the Company; and (e) such other instruments and documents as we have deemed necessary or advisable for the purposes of this opinion; and (ii) such statutes, including the Delaware General Corporation Law, and regulations as we have deemed necessary or advisable for the purposes of this opinion. We have not independently verified any factual matter relating to this opinion.
In making our examination, we have assumed and have not verified (i) that all signatures on documents examined by us are genuine, (ii) the legal capacity of all natural persons, (iii) the authenticity of all documents submitted to us as originals and (iv) the conformity to the original documents of all documents submitted to us as copies thereof.
Based on the foregoing and such legal considerations as we deem relevant, and subject to the assumptions, limitations and qualifications set forth herein, we are of the opinion that the Shares have been validly issued and are fully paid and non-assessable.
We express no opinion other than as to the federal laws of the United States of America and the Delaware General Corporation Law. For purposes of this opinion, we assume that the Shares were issued in compliance with all applicable state securities or blue sky laws.
We hereby consent to the filing of this opinion as Exhibit 5.1 to the Registration Statement and to the reference to this firm under the caption Legal Matters in the prospectus
Par Petroleum Corporation
November 22, 2013
Page 2
included in the Registration Statement. In giving this consent, we do not thereby admit that we are included in the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the SEC issued thereunder, or Item 509 of Regulation S-K.
Very truly yours, |
/s/ Porter Hedges LLP |
PORTER HEDGES LLP |