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Pure Acquisition Corp. Announces Business Combination Transaction

Vinson & Elkins advised HighPeak Energy Partners, LP (the “HighPeak Funds”) and Grenadier Energy Partners II, LLC (“Grenadier”) in separate transactions, one as to a Business Combination Agreement with, among others, HighPeak Funds, Pure Acquisition Corp. (“Pure”) and HighPeak Energy, Inc. (“HighPeak Energy”), a wholly owned subsidiary of Pure formed to effect the business combination, and the other transaction as to a Contribution Agreement with, among others, Pure, HighPeak Energy and Grenadier Energy Partners II, LLC.

The V&E team advising HighPeak Funds as to the Business Combination Agreement transaction was led by partner Sarah Morgan with assistance from partners Jeff Floyd, John Grand and Scott Rubinsky, senior associate Michael Gibson and associates Jackson O’Maley, Nettie Downs, KJ Pedersen, Alex Lewis, Jonathan Villa, Ximena Kuri and Markeya Scott. Also advising were partner Shane Tucker and associates Gina Hancock and Maddison Riddick; partner John Lynch and associate Megan James; and partner Hill Wellford.

The V&E team advising Grenadier as to the Contribution Agreement transaction was led by partner Bryan Loocke with assistance from partner Doug McWilliams and associates Cesar Leyva, Ed Vaunder, Alicia Vesely and Sam Garforth-Bles. Also advising were partners Todd Way and Lina Dimachkieh and associate Christine Mainguy; partner Stephen Jacobson and senior associate Kristy Fields; partner Sean Becker; and partner Larry Nettles and senior associate Matt Dobbins.

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