Kirkland and V&E advised the oil companies on the combination, which promises to generate enhanced free cash flow to return to shareholders.
Chevron Buys Renewable Energy Group for $3.15B
Leading the legal team from Chevron is Siva Barnwell Adams, managing counsel in the major transactions law group at Chevron Upstream in Houston.
Celanese Picks Up Materials Business from DuPont for $11B
Texas lawyers from Kirkland and Gibson Dunn advised the Dallas buyer on acquiring the business, which represented $3.5 billion of net sales and $800 million in operating earnings last year.
M&A Oil & Gas Experts Expect More Deals Despite Rising Oil Prices
Four oil and gas partners weigh in on whether continued elevated oil prices will lead to more deal activity in the upstream and midstream sectors.
Madison Dearborn Agrees to Dole Out $1.8B in Cash for MoneyGram
Vinson & Elkins advised the Dallas company after its $1.2 billion sale to Hong Kong-based Ant Financial in 2018 was blocked by U.S. regulators (the firm counseled on that deal, too).
Earthstone Grabs Midland Basin Assets from Bighorn for $860M
The transaction comes on the heels of the company’s $600 million asset acquisition from Warburg Pincus-backed Chisholm Energy Holdings in December. Attorneys from Haynes and Boone and Simpson Thacher advised on the deal.
Chesapeake Picks Up Chief for $2.65B
Three firms in Texas — Gibson Dunn, Shearman & Sterling and Akin Gump — advised on the deal, which was reported as in its final stages last week. Some analysts are curious how Chesapeake will hedge, given concerns about the outlook for natural prices in 2023.
Locke Lord Corporate Team in Dallas Departs for O’Melveny
The five-partner team — highlighted by Whit Roberts and Jack Jacobsen, two Locke Lord lifers — includes three who have held firm or department-wide leadership roles. This latest move brings O’Melveny’s Texas partner total to 15, with more lateral poaching expected by the Los Angeles-headquartered firm.
A Renaissance Lawyer: Glenn West
Glenn West considers himself a private equity lawyer. But over his 43-year career, he’s advised on everything from real estate and oil and gas to sports deals to acquisition finance to restructuring.
Desert Peak, Falcon to Combine in $1.9B Merger
Four law firms in Texas advised the various parties on the deal, which is expected to create a top mineral and royalty company with low leverage, an emphasis on shareholder returns and a big footprint in the Permian Basin and Eagle Ford.