Kirkland Advises North Hudson on the Purchase of LOGOS for $402 Million
Kirkland & Ellis counseled North Hudson Resource Partners LP and its affiliated funds, in partnership with the management team of LOGOS Resources II, LLC, on the purchase of LOGOS from affiliates of ArcLight Capital Partners, LLC for approximately $402 million. LOGOS' assets include over 230,000 net acres in the San Juan Basin, current net production of 106 MMcfe per day, and an extensive inventory of drilling locations in the core of the prolific Mancos Shale and Gallup oil play. LOGOS recently commenced its 2022 drilling program and anticipates increasing net production to approximately 130 MMcfe per day by year end.
Read North Hudson’s press release
The Kirkland team was led by corporate partners Rahul Vashi and Lindsey Jaquillard; with assistance from corporate partners Shubi Arora and John Kaercher; debt finance partners Lucas Spivey and Arthur Lotz; and investment funds partner Ian Jelsma.