Kirkland Advises Elliott-Backed Validus Energy on Acquisition of 89 Energy’s Anadarko Basin Business

Kirkland & Ellis advised affiliates of Validus Energy, an Elliott Investment Management portfolio company, on the closing of a definitive purchase agreement to acquire 89 Energy’s Anadarko Basin business in a transaction valued at $850 million.

The Kirkland team included real asset transactions lawyers David Castro, Lindsey Jaquillard and Jonathan Strom; tax lawyer Mark Dundon; and capital markets lawyers Michael Rigdon and Billy Vranish.