FourPass Energy and Oaktree Partner to Launch Oil and Gas Operating Company With $900M Commitment
Vinson & Elkins advised funds managed by Oaktree Capital Management, L.P. in the launch of a partnership with FourPass Energy, LLC to acquire and operate large-scale, oil-weighted, producing oil and gas assets. Oaktree’s $900 million pledge includes $600 million in initial equity, with an option to upsize the commitment by $300 million.
The V&E team was led by Dan Komarek, John Grand, Abby Branigan and Heather Brocksmith. Other key team members included David Peck, Miron Klimkowski, Julia Petty, Sean Becker and Maram Mahajna.
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V&E Environmental Update
March 18, 2021