Kirkland Advises Magnolia on Underwritten Secondary Offering of Class A Common Stock

Kirkland & Ellis counseled Magnolia Oil & Gas Corp. (NYSE: MGY) on the closing of the previously announced underwritten block trade of 7.5 million shares of the Company’s Class A common stock by certain affiliates of EnerVest, Ltd., resulting in total gross proceeds to the selling stockholders of $162.9 million.

The Kirkland team was led by capital markets partners Matt Pacey and Michael Rigdon and associates Billy Vranish and Jake Haskins; and tax partner David Wheat and associate Ryan Phelps.