Kirkland Advises NGP-Backed Greenlake Energy on Formation of New E&P Acquisition Platform
Kirkland & Ellis advised NGP-backed Greenlake Energy’s management team on the formation of its newest exploration and production acquisition platform, Greenlake Energy II, LLC. The platform, funded by a $200 million commitment from NGP Energy Capital Management and Greenlake’s management team, will enable Greenlake to continue its growth in the Permian and other North American basins. Greenlake has successfully drilled more than 60 horizontal wells in the Delaware Basin.
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The Kirkland team included corporate lawyers Adam Larson, Josh Teahen and Julian Seiguer; executive compensation lawyers Stephen Jacobson and Karsten Busby; and tax lawyer Tim Campany.
