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Double Eagle Closes $650M Private Placement of 7.75% Senior Notes Due 2025

Vinson & Elkins advised Double Eagle III Midco 1 LLC and its wholly owned subsidiary Double Eagle Finance Corporation in connection with their private placement of $650 million aggregate principal amount of senior unsecured notes due 2025. The offering priced on November 20, 2020 and closed on December 1, 2020.

Double Eagle III Midco 1 LLC engages in the exploration, development and production of crude oil and natural gas from the Midland Basin.

The V&E team was led by Doug McWilliams, David Wicklund and Jim Fox, with assistance from Jackson O’Maley, Billy Vranish, Danny Wicoff, Marcus Martinez, Maya Bobbitt and Ashkan Fakhimi. Other key team members included Matthew Dobbins, Jennifer Cornejo, Wendy Salinas and Liz Snyder.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 12 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or follow us on Twitter @VinsonandElkins or connect with us on LinkedIn.

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