Deal Wrap: Activity in Shales Keep Lawyers Busy
Several of the big Texas deals announced in September involve companies operating in the Permian Basin and other shales.
September 14, 2018 at 04:27 PM
5 minute read
Fracking
Deal Wrap, published periodically, is a compilation of some of the largest deals carried out in Texas.
Akin Gump Strauss Hauer & Feld. Orrick Herrington & Sutcliffe and Vinson & Elkins are working on a $950 million acquisition of a company operating in the hot Permian Basin area of Texas.
Akin Gump represents EagleClaw Midstream in its pending acquisition of Caprock Midstream Holdings from Energy Spectrum Capital and Caprock Midstream Management for about $950 million in cash. Orrick represents Energy Spectrum Capital and Caprock Midstream Management, while Caprock Midstream Holdings turned to V&E.
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