Press Release

Kirkland Counsels Admiral on Completion of Delaware Basin Assets Sale to Petro-Hunt

Kirkland & Ellis advised APR Operating LLC (Admiral) in its definitive agreements to sell its oil and gas in the Permian Basin to Petro-Hunt LLC (Petrohunt). Admiral focuses on the development of oil and gas assets in the Permian Basin. Petrohunt is a privately held independent oil and gas company. The purchase and sale agreement was executed on Jan. 11, 2022 and closed March 9, 2022. 

Read Petro-Hunt’s press release

The Kirkland team was led by corporate partners Chris Heasley, Kyle Watson, R.J. Malenfant, and Brice Lipman and associates Alia Heintz, Alexiz Magro-Malo and Nick McTyre; and included tax partners Mark Dundon and Lane Morgan; environmental transactions partner Jonathan Kidwell and associate Tyler Burgess; and debt finance partners Lucas Spivey and Jordan Roberts and associates Daniel Kirksey and Brett Mele.