Kirkland Advises Blackbuck Resources on Acquisition of Whites City Water Infrastructure from Cimarex Energy

Kirkland & Ellis represented Blackbuck Resources, a portfolio company of Cresta Fund Management, in its acquisition of Cimarex Energy Co.’s Whites City produced water gathering and disposal infrastructure system in Eddy County, New Mexico and execution of a long-term produced water management agreement with Cimarex that includes a 15-year dedication encompassing more than 40,000 acres.  Financial terms of the transaction were not disclosed.

Read Blackbuck’s press release

The Kirkland team was led by transactional partner Chad Smith and associates Isaac Bate and John Elkins, with assistance from transactional partners Kevin Crews and Anthony Speier; tax partner Mark Dundon and associate Ryan Phelps; and environmental transactions partner Jonathan Kidwell and associate Ty’Meka Reeves-Sobers.