Kirkland & Ellis advised Primexx Energy Partners on the acquisition of its leasehold interests and related oil, gas and infrastructure assets by Callon Petroluem Company (NYSE: CPE). Primexx is a private oil and gas operator in the Delaware Basin with a contiguous footprint of 35,000 net acres in Reeves County. The cash and stock transaction is valued at approximately $788 million.
Read the Callon press release
The Kirkland team was led by corporate partners Rhett Van Syoc and Thomas Laughlin, and associate Jordan Silverman, with assistance from corporate partner David Thompson, and associates Jarrod Gamble, Mark Kunzman and Zach Scott; capital markets partners Matt Pacey and Julia Danforth; tax partner Mark Dundon and associate Joe Tobias; and environmental partners Jonathan Kidwell and Paul Tanaka, and associate Alex Noll.