Press Release

Kirkland Counsels FourPoint Energy, Quantum, GSO and Magnetar on JV with Double Eagle Energy

Kirkland & Ellis LLP advised FourPoint Energy and its investors, Quantum Energy Partners and GSO Capital Partners, in the formation of a new company with Double Eagle Energy Holdings III LLC named DoublePoint Energy, LLC, which will be a pure-play Midland Basin company with over 70,000 acres in the core areas of the oil-rich, multi-pay zones in Midland, Glasscock, Martin, Howard, Upton and Reagan Counties, Texas. Kirkland also represented Magnetar Capital in connection with its investment in Double Eagle.  See the full release here.

The Kirkland team that advised FourPoint in its investment in DoublePoint consisted of corporate partners John Pitts and Andrew Calder and associates Kyle Watson, Sanjay Bapat and JP Lopez; oil and gas partner Anthony Speier and associates Chris Heasley and Hannah Craft; and debt finance partner Mary Kogut and associate Roxanne Walton.
The Kirkland team that advised Quantum on its investment in FourPoint in connection with this transaction consisted of corporate partners Doug Bacon and Jhett Nelson and associates Erik Shoemaker and Hannah Marshall.
The Kirkland team that represented GSO on its debt financing in DoublePoint consisted of debt finance partners Will Bos and Andy Veit and associate Scott Reid.
The Kirkland team that represented Magnetar on its investment in Double Eagle consisted of capital markets partner Matt Pacey; and corporate partners Bill Benitez and Samuel Peca.