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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 100 years, Vinson & Elkins has provided deep experience in handling transactions, investments, projects, and disputes worldwide. The firm is a trusted adviser to clients in the most important industrial and digital industries. Learn more by visiting www.velaw.com or follow us on Twitter @VinsonandElkins or connect with us on LinkedIn.

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