WPX Energy to Acquire Felix Energy for $2.5 Billion
Vinson & Elkins advised Felix Energy, one of the highest quality Delaware Basin operators, in the sale of Felix to WPX Energy for $2.5 billion. The purchase price consists of $900 million cash, subject to closing adjustments, and $1.6 billion in WPX stock issued to the seller.
The V&E corporate team was led by partners John B. Connally, Doug McWilliams and Matt Strock with assistance from partner Danielle Patterson, senior associates Crosby Scofield and Austin March and associates Michael Zarcaro, Cesar Leyva and Jameson Miller. Also advising were partners John Lynch and Lina Dimachkieh and associate Dan Henderson; partner Sean Becker; senior associate Kristy Fields; partner Larry Nettles and senior associate Matt Dobbins; and partner Brian Moss and senior associate James Longhofer.
About Vinson & Elkins
For more than 100 years, Vinson & Elkins has provided deep experience in handling transactions, investments, projects, and disputes worldwide. The firm is a trusted adviser to clients in the most important industrial and digital industries. Learn more by visiting www.velaw.com or follow us on Twitter @VinsonandElkins or connect with us on LinkedIn.
For more information, please speak with our media contacts.