Blackbeard Operating Sells Certain Upstream Assets to Diversified Energy Company
Vinson & Elkins advised Blackbeard Operating, LLC in connection with the sale of certain upstream assets and related infrastructure to an affiliate of Diversified Energy Company. The transaction is valued at approximately $180 million and is expected to close in late June 2021.
The V&E corporate team was led by partner Bryan Loocke, counsel Tan Lu and associate Michael Zarcaro, with assistance from associates Will White and Rob Vezina. Other key team members include partner Todd Way and associate David Gilbert; partner Matt Moran and counsel Jordan Leu; partner Sean Becker; senior associate Kristy Fields; partner Matthew Dobbins; and counsel John Slaybaugh.
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