Kirkland Advises Diversified on Acquisition of Assets from Camino Natural Resources
Kirkland & Ellis advised Diversified Energy Company (NYSE:DEC; LSE:DEC) on an agreement to acquire a bolt-on portfolio of certain oil and natural gas properties, along with related assets located within the Anadarko Basin of Oklahoma, from Camino Natural Resources for a purchase price of $1.175 billion before anticipated, customary purchase price adjustments. The acquisition provides an additional 100, high-quality undeveloped inventory locations in an active development area. The Kirkland team worked closely with Diversified’s Chief Legal Officer, Ben Sullivan, and Deputy General Counsel, Jamie Adkins, to execute the transaction. Read Diversified’s press release The Kirkland team included real asset transactions lawyers Jonathan Strom, Chad Smith and Rizwan Popatia; corporate lawyers John Kaercher and Alexandra David; securitization lawyers Michael Urschel, Tad Bardenwerper and Wilson Carneiro; debt finance lawyers Lucas Spivey, James Bedotto and Katie Schneller; tax lawyers David Wheat, Joe Tobias and Brooke Schafer; and environmental transactions lawyers Paul Tanaka, James Dolphin and Courtney Tibbetts.
