Kirkland Represents Beacon Offshore Energy on Divestment of Non-Operated Properties

Kirkland & Ellis advised Beacon Offshore Energy LLC on the divestment of its non-operated interests in certain fields in the deepwater Gulf of Mexico in accordance with a previously executed definitive agreement with GOM 1 Holdings Inc., an affiliate of O.G. Oil & Gas Limited. The divestment includes Beacon’s 18.7% interest in the Buckskin producing field, 17% interest in the Leon development, 16.15% interest in the Castile development, 0.5% interest in the Salamanca FPS/lateral infrastructure and 32.83% interest in the Sicily discovery.

Read Beacon Offshore’s press release

The Kirkland team was led by corporate partners R.J. Malenfant, Chad Smith, Rhett Van Syoc, Jonathan Strom and Daniel Cadis; debt finance partner Andy Veit and associate Brittany Taylor; tax partners Mark Dundon and Joe Tobias; and environmental partner Jonathan Kidwell and associate Alex Noll.