Kirkland Advises Blackstone on Formation of Jetta Permian

Kirkland & Ellis LLP counseled Blackstone (NYSE:BX) on the formation of Jetta Permian, LP (Jetta Permian), a partnership between an affiliate of Jetta Operating Company, Inc. (Jetta) headquartered in Fort Worth, Texas and funds managed by Blackstone Energy Partners L.P. (Blackstone). Jetta Permian will target assets and leaseholds in the Delaware Basin in West Texas and southern New Mexico with $1 billion of capital committed from Blackstone and Jetta’s partners. The full release is available here.

The Kirkland team was led by corporate partners Adam Larson and Andrew Calder and associates Bradford Rossi, Leon Johnson, Michael Cline and Sidney Nunez; tax partners Dean Shulman, Russell Light, Chad McCormick and Zackary Pullin and associate Timothy Campany; and executive compensation partner Scott Price and associate Kate Coverdale.