© 2017 The Texas Lawbook.
By Mark Curriden
(July 11) – Boston-based ArcLight Capital Partners announced Tuesday that it is paying $1.4 billion to acquire oil and gas properties in the Williston Basin from Houston-based Halcón Resources.
Halcón Resources Chief Legal Officer David Elkouri hired Thompson & Knight partners Hunter White and associate Kelli Sims to represent the company in its sale of approximately 104,000 net acres of oil and gas properties in McKenzie, Williams, Mountrail, and Dunn counties in North Dakota.
Muñoz also represented ArcLight earlier this year in its purchase of TransCanada’s New England hydroelectric power portfolio.
Houston investment bank RBC Richardson Barr and Intrepid Partners were the financial advisers for Halcón.
The transaction is expected to close within 60 days, subject to customary regulatory and other approvals.
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