Kirkland & Ellis advised Maverick Natural Resources, LLC on its acquisition of producing properties in the Overton field in East Texas. The acquisition, Maverick’s first, includes approximately 11,000 net acres and 2,700 net boepd (28 percent liquids). Maverick currently operates the field and has purchased the remaining 50 percent non-operated working interest.
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The Kirkland team was led by transactional partner Chris Heasley and associate Fraser Wayne and included debt finance partner Mary Kogut Brawley and associate Laura Bielinski; environmental transactions partner Jonathan Kidwell; and tax partner Mark Dundon and associate Ryan Phelps.