News & Achievements

Vinson & Elkins Advises Crescent Energy on Financing Transactions and Acquisition of Devon’s Eagle Ford Assets

Deals & Cases


Vinson & Elkins served as issuer’s counsel for Crescent Energy Company (the “Company”) in connection with an underwritten public offering of $1,000,000,000 of shares of its Class A common stock, par value $0.0001 per share (the “Common Stock”), at a price to the public of $12.50 per share, plus up to an additional $150,000,000 of shares of Common Stock the underwriters’ option to purchase additional shares (the “Offering”). The Offering is expected to close on October 13, 2026.

The Company intends to use the net proceeds to fund a portion of the cash consideration for its recently announced acquisition of certain Eagle Ford oil and natural gas assets from Devon Energy Production Company, L.P., a subsidiary of Devon Energy Corporation, for an estimated net purchase price of approximately $3.85 billion (the “Acquisition”). In addition to its role as counsel to the Company for the Offering, Vinson & Elkins also served as counsel to the Company with respect tothe Acquisition and associated debt financing matters.

The Vinson & Elkins team for the Offering was led by Partners Jackson O’Maley and Doug McWilliams, Counsel Alex Lewis, and Senior Associate Chase Browndorf, with assistance from Associates Rachel Campbell Alexander, Tate Shaw, Scott Callaghan, and David Strumeyer. The Vinson & Elkins team for the debt financing was led by Partner David Wicklund and Counsel Maya Bobbitt, with assistance from Associate Gabrielle Troya. Also advising on these transactions were Partners Lina Dimachkieh and Wendy Salinas and Senior Associate Jeff Slusher; Partner David D’Alessandro and Associate Henry Crowell (Executive Compensation and Benefits); Partner Joyce Adetutu and Senior Associate Frankie Velez; and Partner Jordan Fossee and Senior Associate Zac Horne.   

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 14 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.

Discover our latest:

Insights

Events

Jenny Speck to Speak at Lockton U.S. Energy Risk Summit

Partner Jenny Speck will speak at Lockton’s U.S. Energy Risk Summit on November 12, 2026, in Houston, Texas. The summit …

November 12, 2026

November 12, 2026 • 1-minute read

CLE Events

Sixth Annual Navigating the Annual Meeting and Reporting Season 

Join leading practitioners and industry voices for a timely discussion of the legal, regulatory, and governance developments shaping the next proxy season.

November 11, 2026

November 11, 2026 • 2-minute read

Navigating Series Background Decorative Image

Events

Jenny Speck Speaking at 2026 AFCC Global Biobased Economy Conference

Partner Jenny Speck will speak at the 2026 AFCC Global Biobased Economy Conference & Exhibit in a session titled “Tax …

November 3, 2026

November 3, 2026 • 1-minute read

Podcasts

Powering Progress Episode 14 – Environmental Litigation and the New Data Center Playbook

This series has explored the extraordinary investment flowing into data centers and the challenges surrounding power, real estate, financing, and …

October 29, 2026

October 29, 2026 • 14-minute read

Client Alerts

UK Budget 2026: Data Centres and Power Generation

The Chancellor, John Healey, promised to tackle “the big challenges in energy” with a 10 Year Plan. The Government’s headline …

October 28, 2026

October 28, 2026 • 4-minute read

News & Achievements
V&E

Get in Touch

Thoughts or questions? Send us a note, and we’ll connect you with the right person.

The ESG GC: How Your Role as Chief Legal Officer is Integral To Your Company’s ESG Efforts Background Image