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Jupiter Resources To Be Acquired by Tourmaline

Vinson & Elkins advised Jupiter Resources in connection with a transaction to sell to Tourmaline Oil Corp. in an all-stock transaction valued at approximately $626 million, inclusive of debt.

Jupiter is an independent Calgary-based energy company with an operations office in Grande Cache, Alberta, focused on the acquisition, development and production of unconventional liquids-rich natural gas properties in the Western Canadian Sedimentary Basin.

The V&E team was led by partners Shelley Barber, Robert Kimball, Wendy Salinas and Jim Meyer.

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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