Kirkland & Ellis Advises East Resources and Private Company in Deal with American Energy

Kirkland & Ellis advises Pennsylvania-based independent oil and gas company East Resources, Inc. and an unnamed private company (together the “Sellers”) in the sale of 48,000 net acres of Marcellus Shale leasehold in West Virginia to American Energy - Marcellus, LLC for $1.275 billion, subject to customary closing adjustments. Kirkland also advises the Sellers in the sale of 27,000 net acres of Utica Shale leasehold in Ohio to American Energy - Utica, LLC for $475 million, subject to customary closing adjustments. 

The Kirkland team is led by Houston-based corporate partners Anthony Speier and David Castro, and associate Chris Heasley.

To read more about the transaction, please click here.