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Esperanza and Andros Capital Partners Announce Acquisition of Ursa Princess from ExxonMobil and Formation of Deepwater Gulf of Mexico Joint Venture

Vinson & Elkins advised Andros Capital Partners in connection with the formation of a strategic joint venture with Esperanza Capital Partners focused on the acquisition and development of upstream and infrastructure assets located in the Deepwater Gulf of Mexico, as well as its acquisition of Exxon Mobil Corporation’s assets in the Ursa and Princess Fields.

The Vinson & Elkins team was led by Jim Fox, Crosby Scofield and David Lassetter, with assistance from Chandler Spinks, Libby Gerstner and Kelli Westmoreland. Other key team members included Bryan Loocke; Todd Way and Dan Henderson; Sean Becker; and David D’Alessandro and Matt Green.

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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 11 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 or connect with us on LinkedIn.

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