Press Release

Kirkland Advises Civitas Resources on $400 Million Inaugural Offering of Senior Notes

Kirkland counseled Civitas Resources, an oil and gas exploration and production company to be formed through the three-way merger of Extraction Oil & Gas, Inc., Bonanza Creek Energy, Inc. and Creston Peak Resources, on its inaugural 144A/Reg S offering of $400 million in senior unsecured notes. The proceeds of the offering will be used pay down indebtedness of the post-merger Company. Following the completion of the mergers, Civitas will be one of the largest producers of oil and natural gas in Colorado, as well as its first carbon-neutral operator.

Read Civitas’ press release

 The Kirkland team was led by capital markets partners Julian Seiguer and Bryan Flannery and associates Logan Weissler, Tony Flor, Jessica Stenglein and Cecilia Turchetti; with involvement from debt finance partners Will Bos and Shan Khan and associate Aisha Noor; tax partners Mark Dundon and Joe Tobias and associate Courtney Loyack; environmental transactions partner Jonathan Kidwell and of counsel Jennifer Cornejo; employee benefits partners Liz Dyer, Jeffery Quinn and Erica Rozow; and energy regulatory partners Brooksany Barrowes and Marcia Hook.