Kirkland Advises National Fuel Gas and Seneca Resources on Purchase of Shell’s Interests in Appalachia Upstream and Midstream Properties
Kirkland & Ellis counseled National Fuel Gas Company and affiliates Seneca Resources Company, LLC, NFG Midstream Covington, LLC and National Fuel Gas Midstream Company, LLC on the acquisition of all of Shell’s right, title and interest in certain upstream and midstream assets located primarily in Pennsylvania for a purchase price of $541 million, subject to closing adjustments that are estimated to reduce the consideration provided at closing to approximately $500 million.
Read the National Fuel Gas release
The Kirkland team was led by transactional partners David Castro Jr. and Chad Smith and associates Danny Nappier and Isaac Bate; and included transactional partners John Pitts and David Thompson; capital markets partners Matt Pacey, Brooks Antweil and Michael Rigdon and associate Brooke Milbauer; environmental transactions partner Jonathan Kidwell and associate James Dolphin; tax partner Mark Dundon and associate Victoria Chang; antitrust partner Ellen Jakovic; technology and IP transactions partners Aaron Lorber and Frank Wei; labor and employment partner Richard Kidd and associates Jaclyn Schruhl and Anusheh Khoshsima; employee benefits partner Melissa Grim; and derivatives partners Drue Santora and Scott Gordon.
