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Vinson & Elkins represented Citigroup Global Markets Inc. (“Citi”), as the representative of the initial purchasers, in connection with a private offering (the “Offering”) of $1.8 billion aggregate principal amount of senior notes, consisting of $900 million of 8.250% Senior Notes due 2029 (the “2029 Notes”) and $900 million of 8.500% Senior Notes due 2031 (the “2031 Notes” and, together with the 2029 Notes, the “Notes”) by Transocean Inc. (the “Issuer”), a wholly-owned subsidiary of Transocean Ltd. (NYSE: RIG).

Vinson & Elkins advised Baytex Energy Corp. in connection with its private offering of $575 million aggregate principal amount of senior unsecured notes due 2032 (the “Notes”).

Vinson & Elkins served as issuer’s counsel in connection with Vital Energy, Inc.’s (“Vital Energy”) upsized offering of $200.0 million of 7.875% senior notes due 2032 (the “offering”).

Vinson & Elkins served as issuer’s counsel in connection with the private placement of $700 million aggregate principal amount of 7.625% senior notes due 2032 (the “Notes”) by Crescent Energy Finance LLC (“the Issuer”), an indirect subsidiary of Crescent Energy Company.

Vinson & Elkins served as issuer’s counsel in connection with Vital Energy, Inc.’s private placement offering, upsized to $800.0 million in aggregate principal amount of 7.875% senior notes due 2032.

Vinson & Elkins advised Crescent Energy Company in connection with an underwritten public offering of 13,800,000 shares of its Class A common stock by a selling stockholder at a price to the public of $10.50 per share.

Vinson & Elkins advised Permian Resources Corporation (the “Company”) and certain selling stockholders in connection with an underwritten public offering of an aggregate of 48,500,000 shares of its Class A common stock par value $0.0001 per share, at a price to the public of $15.76 per share, by certain affiliates of EnCap Investments L.P., NGP Energy Capital Management L.L.C., Pearl Energy Investments and Riverstone Investment Group LLC and certain members of the Company’s management.

Vinson & Elkins advised the underwriters in connection with Coterra Energy Inc.’s offering of $500 million aggregate principal amount of 5.60% senior unsecured notes due 2034.

Vinson & Elkins advised Atlas Energy Solutions Inc. in its entry into a definitive agreement with Hi Crush Inc. (“Hi-Crush”) to acquire all of Hi-Crush’s Permian Basin proppant production assets and North American logistics operations in a transaction valued at $450 million.

Vinson & Elkins advised Strawn Petroleum Holdings, LLC, an affiliate of funds managed by Oaktree Capital Management, L.P., in a transaction in which Strawn Petroleum Holdings, LLC will contribute the equity of Strawn Petroleum, LP and certain affiliates in exchange for the issuance of certain shares of Peak 10 Energy Holdings.

Vinson & Elkins advised Chord Energy in its entry into a definitive arrangement agreement with Enerplus Corporation under which Chord will combine with Enerplus in an approximately $11 billion stock and cash transaction.

Vinson & Elkins advised Andros Capital Partners in connection with the formation of a strategic joint venture with Esperanza Capital Partners focused on the acquisition and development of upstream and infrastructure assets located in the Deepwater Gulf of Mexico, as well as its acquisition of Exxon Mobil Corporation’s assets in the Ursa and Princess Fields.