Kirkland & Ellis LLP advised KKR on its decision to partner with Venado Oil and Gas, LLC to consolidate proven assets in the Eagle Ford Shale of South Texas. The partnership is principally funded by KKR's Energy Income and Growth Fund I (EIGF). KKR has made more than 10 investments in the Eagle Ford to date. KKR Energy Real Assets manages a portfolio of oil and gas assets in numerous unconventional and conventional resource areas across the United States, including developments in the Eagle Ford, Bakken, Barnett, DJ, Haynesville, Marcellus, Permian and Utica. The full release is available here.
The Kirkland team was led by corporate partners Adam Larson and associates Masha Blankenship, Ahmed Sidik and Raj Krishnan; and included tax partners Russell Light, Chad McCormick and Zackary Pullin.