Kirkland Advises RimRock on $865 Million Sale of its Leasehold Interest and Related Assets
Kirkland & Ellis counseled RimRock Oil & Gas, LP on its sale of its leasehold interest and related assets in the Williston Basin to Devon Energy Corp. (NYSE: DVN), for a total cash consideration of $865 million. RimRock is a portfolio company of funds managed by Warburg Pincus LLC, a leading global growth investor.
The Kirkland team was led by corporate partners Chris Heasley and Danny Nappier and associates Jonathan Strom and Matt Gibson; with assistance from corporate partner Adam Larson; and debt finance partner Andy Veit.
