© 2016 The Texas Lawbook.
By Mark Curriden
(June 3) – Colorado-based Vantage Energy has closed its acquisition of oil and natural gas assets in Pennsylvania from Alpha Natural Resources for $339.5 million in cash.
Virginia-based Alpha filed for bankruptcy in 2015 and is reportedly liquidating many of the assets owned by it and its wholly-owned subsidiaries.
Vantage executives turned to Houston-based Porter Hedges to handle the transaction.
Porter Hedges partners John Higgins, who specializes in bankruptcy law and corporate restructurings, and Jeremy Mouton, whose expertise is oil and gas M&A, led the deal for Vantage. Other lawyers for Porter Hedges involved in the transaction are Eric English, Randy King, Matt Savage, Scott Muehlberger, and Amy Tellegen.
Vantage Energy is focused on the acquisition and development of unconventional natural gas projects, predominantly onshore shale gas in North America.
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