Kirkland & Ellis advised APR Operating LLC (Admiral) in its definitive agreements to sell its oil and gas in the Permian Basin to Petro-Hunt LLC (Petrohunt). Admiral focuses on the development of oil and gas assets in the Permian Basin. Petrohunt is a privately held independent oil and gas company. The purchase and sale agreement was executed on Jan. 11, 2022 and closed March 9, 2022.
The Kirkland team was led by corporate partners Chris Heasley, Kyle Watson, R.J. Malenfant, and Brice Lipman and associates Alia Heintz, Alexiz Magro-Malo and Nick McTyre; and included tax partners Mark Dundon and Lane Morgan; environmental transactions partner Jonathan Kidwell and associate Tyler Burgess; and debt finance partners Lucas Spivey and Jordan Roberts and associates Daniel Kirksey and Brett Mele.