Vinson & Elkins advised Decarbonization Plus Acquisition Corporation IV, a special purpose acquisition company, in connection with its entry into a definitive agreement with Hammerhead Resources Inc. (“Hammerhead”), a Calgary-based energy company, for a business combination that values Hammerhead at C$1.39 billion.
Vinson & Elkins advised Talos Energy Inc. in the execution of definitive agreements to acquire EnVen Energy Corporation, a private operator in the deepwater U.S. Gulf of Mexico, for $1.1 billion.
Vinson & Elkins advised M6 Midstream in the acquisitions of Midcoast Energy’s East Texas Business from an affiliate of ArcLight Capital Partners, LLC and Align Midstream from Tailwater Capital to establish a leading presence in the Haynesville Shale.
Vinson & Elkins advised the initial purchasers in connection with CNX Resources Corporation offering of $500 million of its 7.375% senior notes due 2031 at a price to the public of 100.0% of their face value.
A Vinson & Elkins team has scored a major victory in the U.S. Court of Appeals for the Fifth Circuit on behalf of the Sabine Neches Navigation District.
Vinson & Elkins advised Crestwood Equity Partners LP (“Crestwood”) in connection with the underwritten secondary offering by certain subsidiaries of Chord Energy Corporation of an aggregate of 11,400,000 common units representing limited partner interests of Crestwood.
On September 12, the Fifth Circuit upheld summary judgment dismissal of fraud and Texas Deceptive Trade Practice Act claims against Vinson & Elkins’ client, Steve Hart Restoration and Race Preparation, Ltd.
Vinson & Elkins advised Antero Midstream Corporation in connection with Crestwood Equity Partners LP’s divestiture of its Marcellus natural gas gathering and compression assets to Antero for $205 million in cash.
Vinson & Elkins advised Avangard Innovative in a strategic transaction with Waste Management, through which Waste Management will acquire a controlling interest in Avangard Innovative’s U.S. business, which will operate as Natura PCR – an independent company expected to scale and grow recycling capacity to produce an estimated 400 million pounds per year of post-consumer resin in five years.
Vinson & Elkins advised Crescent Energy Company in connection with an underwritten public offering of 5,750,000 shares of its Class A common stock by a selling stockholder at a price to the public of $15.00 per share.
Vinson & Elkins is advising OCI Clean Ammonia LLC in relation to the development of a world-scale 1.1 million ton per annum blue ammonia project in Beaumont, Texas, based on KBR technology.
Vinson & Elkins advised THQ Appalachia I, LLC (“Tug Hill”) and THQ-XcL Holdings I, LLC (“XcL Midstream”) in a purchase agreement with EQT Corporation (“EQT”) whereby EQT has agreed to acquire Tug Hill’s upstream assets and XcL Midstream’s gathering and processing assets, for total consideration of $5.2 billion.