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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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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