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 Three Cairns Group and Galvanize Climate Solutions in their investment in Zhero, a new green energy development company.
Vinson & Elkins advised Clearlake Capital Group, L.P. in connection with the sale of Knight Energy Services to Voyager Interests, a private equity firm specializing in the energy services and equipment sector.
Vinson & Elkins advised Select Energy Services, Inc., a leading provider of sustainable water and chemical solutions to the energy industry, in the acquisition of Breakwater Energy Partners, LLC, a leading provider of contracted water recycling and infrastructure solutions focused in the Permian Basin.
Vinson & Elkins advised Plains All American Pipeline, L.P. (“Plains”) and Enbridge Inc. (“Enbridge”) in connection with a transaction whereby Enbridge and Plains purchased Western Midstream Partners, LP’s 15% interest in Cactus II Pipeline, LLC for an aggregate amount of $265 million.
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.
The online application for Vinson & Elkins’ 2023 Summer Associate Program opened November 1 for first-year law students (class of 2024) in the U.S. Students should apply here as soon as possible before the end of the year, and are also encouraged to indicate interest in the firm’s Diversity Fellowship within the application.
Vinson & Elkins advised Gravity, a growth-oriented water and power infrastructure company backed by affiliates of Clearlake Capital Group, L.P., in the sale of Tech Management, its production chemicals platform, to Coastal Chemical Co., L.L.C., a Brenntag Company.
Vinson & Elkins announced today the addition of three partners to the firm: Patricia Adams and Joo Hyun Lee join the Executive Compensation practice in New York, while Labor & Employment partner Rebecca Baker joins the firm’s Houston office.
Vinson & Elkins advised investors in Diversified Energy Company PLC and Oaktree Capital Management, L.P.’s joint ESG-aligned asset backed securitization of certain co-owned producing natural gas and oil assets located in Oklahoma.