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The Carlyle Group and Diamondback Energy Form Joint Venture

Deals & Cases
September 11, 2018

Vinson & Elkins advised The Carlyle Group L.P. in its agreement with Diamondback Energy, Inc. to fund the development of Diamondback’s oil and gas assets in the San Pedro area of Pecos County, Texas within the Southern Delaware basin.

The V&E team was led by partner Mingda Zhao with senior associate Emery Choi and associates Emma Jiang and Cesar Leyva. Also advising were partner Todd Way and senior associate Julia Pashin; partner Larry Nettles; partners Shamus Crosby and John Grand; counsel Damien Lyster; and senior associate James Longhofer.

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