Osaka Gas Increases Upstream Presence with Acquisition of Sabine Oil & Gas
Vinson & Elkins advised Osaka Gas in a definitive agreement with Sabine Oil & Gas Holdings to acquire 100% of the outstanding shares of its subsidiary, Sabine Oil & Gas Corporation.
Upon receiving required governmental permits and transaction closing, this marks the first time that a Japanese company purchases a U.S.-based shale gas developer.
The V&E corporate team was led by partner Shay Kuperman with assistance from associates Josh Rocha and Tara Tegeleci. Also advising were partners Bill Wallander, Tzvi Werzberger, Larry Nettles, Hill Wellford, Sean Becker and Jeremy Marwell; partner Todd Way and associates Brian Russell and Jake Wight; partner Stephen Jacobson and senior associate Steve Oyler; associates Andrew DeVore and Abby Meredith; and associate Ryan Stalnaker.
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