Press Release

Kirkland Advises QL Capital Partners in Formation of Drilling Partnership with Antero

Kirkland & Ellis advised QL Capital Partners, an affiliate of Quantum Energy Partners, in the formation of a $500 to $550 million drilling partnership with Antero. Under the terms of the agreement, QL will fund 20% of total development capital spending in 2021 and between 15% and 20% of total development capital spending on an annual basis from 2022 through 2024 in exchange for a proportionate working interest percentage in each well spud.

Read the Antero press release

The Kirkland team was led by transactional partners David Castro Jr. and Chris Heasley, and associate Lindsey Jaquillard; and included corporate partner John Pitts, and associates Morgan Moore and Caleb Martin; tax partner David Wheat and associate Joe Tobias; environmental partner Paul Tanaka and associate Zack Tavlin; and debt finance partner Will Bos and associate Osaro Aifuwa.