Vinson & Elkins advised Permian Resources Corporation in connection the underwritten public offering of an aggregate 27,500,000 shares of its Class A common stock, par value $0.0001 per share by certain affiliates of NGP Energy Capital and certain affiliates of Riverstone Investment Group LLC.
Vinson & Elkins advised Baytex Energy Corp. in entering into a Merger Agreement to acquire Ranger Oil Corporation, a pure play Eagle Ford company for $2.5 billion.
As part of its annual “Practice Groups of the Year” series, Law360 has named Vinson & Elkins as an “Energy Group of the Year” for the 12th time.
Vinson & Elkins served as issuer’s counsel in connection with the private placement of $400 million aggregate principal amount of 9.250% senior notes due 2028 by Crescent Energy Finance LLC, an indirect subsidiary of Crescent Energy Company.
Vinson & Elkins advised Advance Energy Partners Holdings, LLC (“Advance”) in connection with a definitive agreement with Matador Resources Company (“Matador”) in which Matador will acquire Advance, including certain oil and natural gas producing properties and undeveloped acreage located in Lea County, New Mexico and Ward County, Texas.
Vinson & Elkins advised VTX Energy Partners, LLC in a definitive agreement to acquire Delaware Basin Resources and associated surface and water businesses for an undisclosed sum.
Vinson & Elkins represented the initial purchasers in connection with a private offering of $1.175 billion aggregate principal amount of 8.75% senior secured notes due 2030 by Transocean Inc., a wholly-owned subsidiary of Transocean Ltd.
Vinson & Elkins advised initial purchasers in connection with Transocean Titan Financing Limited’s, a wholly-owned indirect subsidiary of Transocean Ltd., offering of $525 million in aggregate principal amount of senior secured notes due 2028.
Vinson & Elkins advised SCF Partners, Inc., an energy investment firm, in its investment in Westbrook Energy Group, a leading manufacturer of pressure control connection products for the downstream, natural gas distribution, LNG, upstream, and general industrial markets.
Vinson & Elkins advised HighPeak Energy, Inc. in a private placement of $225 million principal amount of 10.625% senior unsecured notes due 2024.
Vinson & Elkins advised Lario Permian, LLC, a wholly owned subsidiary of Lario Oil & Gas Company, and certain associated sellers (collectively “Lario”), in connection with a definitive purchase agreement whereby Diamondback Energy, Inc. (“Diamondback”) will acquire all leasehold interest and related assets of Lario in exchange for 4.18 million shares of Diamondback common stock and $850 million of cash.
Vinson & Elkins advised ProPetro Holding Corp., an oilfield services company providing completions services to upstream oil and gas companies, in its acquisition of Silvertip Completion Services Operating, LLC, a provider of wireline perforating and pumpdown services solely in the Permian Basin, creating a leading completions-focused oilfield services company headquartered in the Permian Basin.