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Kirkland, DLA, Gibson Dunn Counsel on Concho’s $925M Asset Sale to KKR’s Spur

Concho Resources Inc. announced Sept. 3 that it agreed to sell assets in the New Mexico Shelf to an affiliate of KKR-backed Spur Energy Partners for $925 million, which it will use to buy back stock and pay down debt.

Kirkland & Ellis advised KKR, including transactional partners John Pitts, Kyle Watson, David Castro Jr. and Chris Heasley and associates Ben Hardison and William Eiland.

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