X

Reset Password

Username:

Change Password

Old Password:
New Password:
We have completed your request.

Parsley Energy to Acquire Jagged Peak Energy in Deal Valued at $2.27B

Published: 10-14-2019

Vinson & Elkins advised Jagged Peak Energy Inc. (“Jagged Peak”) in a definitive merger agreement with Parsley Energy, Inc. (“Parsley”) under which Parsley will acquire Jagged Peak in an all-stock transaction valued at approximately $2.27 billion, including Jagged Peak's net debt of approximately $625 million as of June 30, 2019. 

Jagged Peak is an independent oil and natural gas company focused on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the southern Delaware Basin, a sub-basin of the Permian Basin of West Texas.

The V&E corporate team was led by partner Steve Gill with assistance from associates Alex Robertson, Mariam Boxwala, Madison Guidry, Elizabeth Janicki and Sydney Verner. Also advising were partner Shane Tucker, counsel Dario Mendoza and associate Carolyn Exnicios; partner John Lynch; partner Sean Becker and associate Peter Goetschel; senior associate Matt Dobbins and associate Laura Ashdown; partner Hill Wellford; senior associate Joclynn Townsend and associate Alicia Vesely; partner Guy Gribov and associate Alexander Kamel; and partners Michael Holmes and Craig Zieminski.


Lawyer Contact

+1.713.758.4458
sgill@velaw.com

Media Contact

Melissa Anderson Senior Communications Manager

T +1.713.758.2030
manderson@velaw.com

Connect with V&E

Stay informed by receiving our e-lerts. Select your preferred communications.