Crescent Energy Completes Accretive Sale of Non-Operated Permian Basin Assets
Vinson & Elkins advised Crescent Energy Company (“Crescent”) in connection with the sale of non-operated Permian Basin assets to a private buyer for $83 million in cash, subject to customary post-closing purchase price adjustments.
The Vinson & Elkins team was led by partner Danielle Patterson and associate Vestita Zumot, with assistance from associate Michael Gassman. Other key team members included partner Todd Way, senior associate Adam Bateman, and associate Patrick Darby; and partner Matt Dobbins and associate Kelly Rondinelli.
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