Kirkland Advises HG Energy on Agreements to Sell Oil and Gas Assets to Antero Resources and Antero Midstream
Kirkland & Ellis advised HG Energy II, LLC on a definitive agreement to sell its (i) upstream assets to Antero Resources Corporation (NYSE: AR) for total consideration of $2.8 billion in cash, plus the assumption of HG Energy’s commodity hedge book, and (ii) midstream assets to Antero Midstream Corporation (NYSE: AM) for $1.1 billion in cash; each subject to customary closing adjustments. The transactions are expected to close in the first quarter of 2026.
Read Antero Resources’ and Antero Midstream’s press releases here and here
The Kirkland team included real asset transactions lawyers David Castro, Jr., Lindsey Jaquillard, Jonathan Strom, Rizwan Popatia and Lyle Paul; corporate lawyers Stephen Noh, Jack Chadderdon, Nicole Faria and Michael Wells; environmental transactions lawyers Paul Tanaka and Max Anderson; energy regulatory lawyers Damien Lyster and Vito Whitmore; derivatives lawyers Brett Ackerman and Mona Kwasnik; tax lawyers Mark Dundon and Christina King; debt finance lawyers William Bos, Chad Davis, Michelle Williamson and Kirby Swartz; capital markets lawyers Michael Rigdon and Robbie Dillard; antitrust & competition lawyers Jeff Ayer, Matthew Wheatley, Miguel Suarez Medina and Andrew Schilling; employment and labor lawyers Christie Alcala and Erin Davey; employee benefits lawyer Maureen O’Brien; and executive compensation lawyers Stephen Jacobson, Maddison Malone Riddick, Urvi Patel and Colleen Mayer.
