Since joining Kirkland, Hannah has been involved in the following representations:
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The private equity sponsors and Sable Permian Resources, LLC (as operator of the oil and gas assets) in the successful completion of AEPB’s $2.1 billion out-of-court recapitalization. The transaction reduced AEPB’s debt obligations by approximately $1.4 billion and reduced upcoming debt maturities over the next four years to approximately $36 million from approximately $2.1 billion. In addition, the transaction eliminated approximately $94 million of annual cash interest expense and simplified AEPB's organizational structure.
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Parsley Energy, Inc. (NYSE: PE) in its $2.27 billion all-stock acquisition of Jagged Peak Energy Inc. (NYSE: JAG).
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Vanguard Natural Resources Inc. and its affiliates in their Chapter 11 cases in the U.S. Bankruptcy Court of the Southern District of Texas. Vanguard is an independent exploration and production company focused on the production and development of oil and natural gas properties in the United States with operations in the Gulf Coast, Permian and Anadarko Basins. Vanguard had approximately $850 million in debt at the time of filing and obtained a commitment for a $130 million debtor-in-possession financing facility, which included $65 million in new money.
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Ensign Natural Resources LLC/Warburg Pincus in its acquisition of Pioneer Natural Resources USA, Inc.’s (NYSE:PXD) Eagle Ford Shale assets, including approximately 59,000 net acres and 14,400 net boepd.
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Amplify Energy Corp. in an all-stock merger-of-equals with Midstates Petroleum Company, Inc.
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Newfield Exploration Co. in its approximately $5.5 billion acquisition by Encana Corp. in an all-stock transaction.
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Vanguard Natural Resources, Inc. in the following divestitures of oil and gas assets: (i) sale of its interest in properties located in Mississippi to private equity backed oil and gas company and private oil and gas company; (ii) sale of its interest in properties located in the Permian Basin to private oil and gas company; and (iii) swap of its interest in properties in Wyoming with private oil and gas company.
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Ascent Resources in its equity investment by Riverstone and the simultaneous acquisition of Utica Shale assets from Salt Fork Resources, a Riverstone-backed company.
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HG Energy II Appalachia, LLC in its exchange transaction with CNX Resources Corp. and CNX Midstream Partners LP.
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KKR/Venado Oil & Gas, LLC in the acquisition of operated assets in the Eagle Ford oil window of South Texas from Texas American Resources Company I, LLC.
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HarbourVest Partners, L.P., as part of a consortium, in a joint venture and drilling program with W&T Offshore, Inc. to drill up to 14 specified projects in the Gulf of Mexico.
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FourPoint Energy and its investors, Quantum Energy Partners and GSO Capital Partners, in the formation of a new pure-play Midland Basin joint venture with Double Eagle Energy Holdings III LLC named DoublePoint Energy, LLC, with over 70,000 acres in Midland, Glassock, Martin, Howard, Upton and Reagan Counties, Texas.
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Cobalt International Energy in the following sales of oil and gas assets as part of its ongoing Chapter 11 proceeding in the United States Bankruptcy Court for the Southern District of Texas: (i) sale of assets located in the Gulf of Mexico to Total E&P USA, Inc. and Statoil Gulf of Mexico LLC for $339 million; (ii) sale of assets located in the Gulf of Mexico to Total E&P USA, Inc. for $181 million; (iii) sale of assets located in the Gulf of Mexico to W&T Offshore, Inc. for $31 million; and (iv) sale of assets located in the Gulf of Mexico to Total E&P USA, Inc. for $25 million.
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Ares Management, L.P. in its majority investment into Admiral Permian Resources, LLC, a Texas-based independent oil and gas company and the related acquisition of more than 59,000 net acres from Three Rivers Operating Co. III LLC (3ROC) in the Delaware Basin.
