Kirkland Counsels Echo on Sale of Mineral Royalty Interests in Permian and Anadarko Basins
Kirkland & Ellis advised Echo, a multi-strategy investment firm, on an asset sale by its affiliate Echo Minerals totaling more than half a billion dollars. The transaction with Sixth Street Partners involved the sale of a portion of Echo’s net royalty acres in the Permian and Anadarko basins. With proceeds from the transaction, Echo will further fuel its investments in projects and enterprises renewing and advancing American innovation and resiliency in such industries as energy, life science, national security and media & entertainment.
The Kirkland team was led by corporate partners Chris Heasley and John Kaercher.
