Kirkland Advises Whiting in $6 Billion Merger of Equals with Oasis
Kirkland & Ellis counseled Whiting Petroleum Corp. (NYSE: WLL) on its decision to combine with Oasis Petroleum Inc. (NASDAQ: OAS) in a $6 billion merger of equals transaction. The combined company will have a premier Williston Basin position with top tier assets across approximately 972K net acres, combined production of 167.8 thousand boepd, significant scale and enhanced free cash flow generation to return capital to shareholders.
The Kirkland team was led by corporate partners Sean Wheeler, Debbie Yee and Cephas Sekhar and associates Camille Walker and Brittany Scheier; tax partners David Wheat and William Dong and associate Griffin Peeples; executive compensation partner Rob Fowler and associate Karsten Busby; capital markets partners Julian Seiguer and Bryan Flannery and associate Steven Lackey; debt finance partners Mary Kogut and Arthur Lotz; and antitrust partner Carla Hine.
