Skip to content

Baytex Energy Corp. to Acquire Eagle Ford Operator Ranger Oil Corporation

Baytex to Acquire Eagle Ford Operator Ranger Oil, Accelerates Shareholder Returns and Introduces a Dividend with Enhanced Free Cash Flow Background Image

Vinson & Elkins advised Baytex Energy Corp. in entering into a Merger Agreement to acquire Ranger Oil Corporation, a pure play Eagle Ford company for $2.5 billion.

The transaction is expected to close late in the second quarter of 2023.

The Vinson & Elkins corporate team was led by partners Mike Telle and Lande Spottswood and senior associate Yong Eoh with assistance from associates Mary Busse, Leah Powers, Mimi Nguyen, Josh Rutenberg and Eleonora Garau. Also advising were partner Bryan Loocke; partners Jason McIntosh, David Peck, and Natan Leyva, counsel Allyson Seger and associates Miron Kimkowski, Maddie Brown and Steve Campbell; partner David Wicklund and associates Natalie Harrison and James Payne; partner Joo Lee and associates Mary Daniel Morgan and Kenneth Strain; partner Becky Baker and associate Ryan Penner; partner Hill Wellford and associate Ryan Will; counsel Rajesh Patel and associate Haley Titcomb; partner Matt Dobbins and associate Alyssa Sieja; counsels Brian Howard and Elizabeth McIntyre and associate Pete Thomas; partner Paul Heath, senior associate Mike Garza and associate Eli Medina; partner Prentiss Cutshaw and associates Ken Adler and Catherine Callahan; and counsel Caroline Bailey.

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 or connect with us on LinkedIn.

For more information, please speak with our media contacts.