Vinson & Elkins is representing oil and gas company Denbury Resources in its pending $1.7 billion acquisition of Penn Virginia Corp., which is using Skadden, Arps, Slate, Meagher & Flom and Gibson, Dunn & Crutcher for the oil and gas deal.

On Oct. 28, Plano-based Denbury and Penn Virginia, based in Radnor, Pennsylvania, announced a definitive merger agreement calling for Denbury to acquire Penn Virginia for about $1.7 billion including assumed debt. Denbury is an independent oil and gas company with operations focused in the Gulf Coast and Rocky Mountain regions, while Penn Virginia operates in the Eagle Ford Shale in south Texas.