Press Release

Kirkland Advises Venado in $765 Million Acquisition of Eagle Ford Shale Assets of Cabot Oil & Gas

Kirkland & Ellis advised Venado Oil & Gas, LLC, a privately-held energy company focused on exploring and developing oil and natural gas properties, in its definitive agreement to acquire Cabot Oil & Gas Corporation’s (NYSE: COG) developed and undeveloped oil and gas assets in the Eagle Ford Shale primarily located in Frio and Atascosa counties in the state of Texas. The transaction, valued at $765 million, is expected to close during the first half of 2018, subject to customary closing conditions and adjustments. To read more about the deal, please click here.

The Kirkland team is led by corporate partners David Castro Jr. and Anthony Speier and associate Lindsey Jaquillard, with assistance from environmental partners Paul Tanaka and Stefanie Gitler and associate James Dolphin, tax partner Chad McCormick and associate Joe Tobias, labor and employment/executive compensation partners Jeffrey Quinn, Michael Krasnovksy and Edward Holzwanger, and debt finance partner Lucas Spivey.