Skip to content
  1. Home
  2. News
  3. Saturn Oil & Gas, Inc. Acquires Ridgeback Resources Inc.

Saturn Oil & Gas, Inc. Acquires Ridgeback Resources Inc.

Deals & Cases
March 2, 2023
Saturn Oil & Gas Inc. Announces Closing of the Acquisition of Ridgeback Resources Inc. Background Image
Deals & Cases
March 2, 2023

Vinson & Elkins represented a controlling shareholder in connection with the sale of Ridgeback Resources, Inc., a privately held oil and gas producer focused on light oil in Saskatchewan and Alberta, Canada, to Saturn Oil & Gas, Inc. for CAD$525 million, including cash and stock consideration.

The Vinson & Elkins team was led by partner Stancell Haigwood. Also advising were partners Dan Komarek and Jason McIntosh.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 11 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

For more information, please speak with our media contacts.

Key Contacts