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Vinson & Elkins Advises Sabinal Energy on $500 Million Sale of Permian Basin Assets to Mach Natural Resources

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Vinson & Elkins LLP represented Sabinal Energy, LLC (“Sabinal”) in its definitive agreement to sell certain oil and gas assets in the Permian Basin to Mach Natural Resources LP (NYSE: MNR) (“Mach”) for approximately $500 million in a cash-and-stock transaction.

The transaction is expected to close in the third quarter of 2025 and has an effective date of April 1, 2025.

The Vinson & Elkins team was led by partners Bryan Loocke and Jackson O’Maley and counsel Michael Zarcaro, with assistance from associates Laura Byrd, Caroline Oakley, and Sergio Tellez Noguez. Other key team members included were associates Walt Baker and Lauren Perillo; partner Todd Way, senior associate Dan Henderson, and associate Kylan Kinkade; partner Becky Baker; partner Patricia Adams and senior associate Brian DeShannon.

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.

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