Lindsey M. Jaquillard

EQT Corporation (NYSE: EQT) in its $1.25 billion sale of its remaining non-operated natural gas assets in Northeast Pennsylvania to Equinor USA Onshore Properties Inc. and certain of its affiliates

Private equity-backed oil and gas company in its approximately $465 million acquisition of U.S. onshore assets from a private seller

Devon Energy (NYSE: DVN) in its $5 billion acquisition of the Williston Basin business of Grayson Mill Energy

SM Energy Company (NYSE: SM) in its $2.55 billion acquisition of Uinta Basin assets from XCL Resources, LLC, and Northern Oil and Gas, Inc. (NYSE: NOG) in its concurrent $510 million acquisition of an undivided 20% stake of the oil and gas assets of XCL Resources, LLC

EQT Corporation (NYSE: EQT) in its sale and exchange with Equinor USA Onshore Properties Inc., of an undivided 40% interest in EQT’s non-operated natural gas assets in northeast Pennsylvania, in exchange for $500 million of cash and certain upstream and midstream oil and gas assets from Equinor

Mach Natural Resources LP (NYSE: MNR) in its $815 million acquisition of certain interests in oil and gas properties, rights, and related assets located in certain counties in Oklahoma from Paloma Partners IV LLC

Civitas Resources (NYSE: CIVI) in its approximate $2.1 billion agreement with Vencer Energy, a Vitol investment, to acquire oil producing assets in the Midland Basin of West Texas

Civitas Resources in its $2.25 billion definitive agreement to acquire oil producing assets in the Midland Basin from Hibernia Energy III, a portfolio company of NGP Energy Capital Management

Earthstone Energy, Inc. (NYSE: ESTE) and Northern Oil and Gas, Inc. (NYSE: NOG) in their $1.5 billion Delaware Basin acquisition of oil and gas assets from Novo Oil & Gas Holdings, LLC

Raisa Energy LLC in the issuance of $636 million of asset-backed securities secured by over 9,000 producing oil and gas wells across six states, as part of a master trust

Ovintiv Inc. (NYSE: OVV) in its $4.275 billion acquisition of all leasehold interest and related assets of Black Swan Oil & Gas, PetroLegacy Energy and Piedra Resources, and the concurrent $825 million sale of its Bakken assets

EQT Corporation (NYSE: EQT) in its $5.2 billion acquisition from THQ Appalachia I, LLC and THQ-XcL Holdings I, LLC (affiliates of Quantum Energy Partners and Tug Hill Operating) of their direct and indirect upstream and midstream subsidiaries and associated oil and gas assets, properties and gathering systems in the Appalachian Basin

H3 Minerals LLC, an affiliate of Haymaker Minerals & Royalties III and portfolio company of Denham Capital, in its acquisition of a large-scale diversified mineral portfolio in Texas, Louisiana, North Dakota, and Montana 

Riverbend Energy Group in its $1.8 billion divestiture of all of the equity interests in Riverbend Oil & Gas VI, LLC, Riverbend Oil & Gas VI-B, LLC and Riverbend Oil & Gas VIII, LLC to a private buyer 

North Hudson Resources Partners and its affiliated funds in the $402 million purchase of LOGOS Resources II LLC, an operator of oil and gas assets in the San Juan Basin, from affiliates of ArcLight Capital Partners 

Alta Resources in the $2.925 billion sale of its upstream and midstream subsidiaries for cash and public stock consideration to EQT Corp.

Sustainable Opportunities Acquisition Corporation (NYSE: SOAC), an ESG-focused special purpose acquisition company (SPAC), on a $2.9 billion transaction that will lead to DeepGreen Metals Inc. (which will operate as “The Metals Company”), a developer of lower-impact battery metals from unattached seafloor polymetallic nodules, becoming publicly listed

QL Capital Partners in the formation of an up to $550 million drilling partnership with Antero Resources Corporation

Guidon Operating LLC in its divestiture of all leasehold interests and related assets to Diamondback Energy, Inc. (NASDAQ: FANG) for 10.63 million shares of Diamondback common stock and $375 million

EQT Corp. (NYSE: EQT) in its $735 million acquisition of Chevron USA’s upstream and midstream assets in the Appalachian Basin

WPX Energy, Inc. (NYSE: WPX) in its $12 billion all-stock merger of equals with Devon Energy Corporation (NYSE: DVN)

WPX Energy, Inc. (NYSE: WPX) in its up to $300 million joint venture with an undisclosed private equity sponsor to fund drilling and completion-related capital expenditures with respect to non-operated properties in the Permian Basin

Publicly-traded E&P company in its $500 million joint venture with an undisclosed private equity sponsor to acquire minerals in the Permian Basin

BCE-Mach III LLC, an affiliate of Bayou City Energy Management and Mach Resources, in its acquisition of Alta Mesa Holdings, LP and its subsidiaries’ upstream oil and gas assets and Kingfisher Midstream, LLC and its subsidiaries’ midstream assets as part of the 363 sales process of the debtor sellers

Revolution II WI Holding Company, LLC, an affiliate of Mountain Capital Partners, LP, in its approximately $201.5 million acquisition of Jones Energy II, Inc. (OTC: JEII) in an all-cash transaction

Cordero Energy Resources LLC in its $130 million sale of certain oil and gas assets in Howard County, Texas, to Laredo Petroleum

Callon Petroleum Company in its $3.2 billion acquisition of Carrizo Oil & Gas, Inc. in an all-stock transaction

Private operator in its $165 million drilling participation arrangement with a Development Capital Resources-managed subsidiary, capitalized by funds managed by affiliates of Ares Management Corporation, to jointly develop drilling locations in the Permian Basin’s Wolfcamp formation

Gastar Exploration LLC, an affiliate of Ares Management Corporation, in its merger with Chisholm Oil and Gas LLC

Amplify Energy Corp. in an all-stock merger-of-equals with Midstates Petroleum Company, Inc. 

Sentinel Midstream on Texas GulfLink, its proposed Deepwater Crude Oil Export Terminal located near Freeport, Texas and related midstream infrastructure project, which is being financed in partnership with Cresta Fund Management

Roxo Energy, a portfolio company of Vortus Investments — in the sale of its interest in oil and gas leases and wells in Howard and Borden Counties, Texas, to Murchison Oil and Gas, LLC

Newfield Exploration Co. — in its approximately $5.5 billion acquisition by Encana Corp. in an all-stock transaction

Red Rocks Energy Partners, L.P. — acquisition of certain conventional assets in Oklahoma’s SCOOP play from affiliates of Titanium Exploration Partners, LLC

Canyon Creek Energy/Arkoma, LLC — formation of a drilling partnership arrangement with Pivotal Petroleum Partners II, LP to develop wells in the Arkoma STACK play

KKR/Venado Oil & Gas, LLC — $765 million acquisition of Cabot Oil & Gas Corporation’s (NYSE: COG) developed and undeveloped oil and gas assets in the Eagle Ford Shale

LINN Energy, Inc. — in the following divestures of oil and gas assets:

• $585.1 million sale of its interest in properties located in the Jonah Field in Wyoming to Jonah Energy LLC;
• $285 million sale of its interest in properties in the Williston Basin to an undisclosed buyer;
• $263 million sale of its interest in properties located in the San Joaquin Basin in California to Berry Petroleum Company, LLC;
• $200 million sale of its interest in properties located in the Washakie Field in Wyoming to Washakie Exaro Opportunities, LLC;
• $119.5 million sale of its interest in conventional properties located in the Permian Basin, Texas, to an undisclosed buyer;
• $100 million sale of its interest in properties located in the Brea-Olinda Field in California to Bridge Energy LLC;
• $71.5 million sale of its interest in properties located in the Salt Creek Field in Wyoming to Denbury Resources Inc.

GSO/Sequel Energy Group LLC — formation of $325 million drilling partnership to develop domestic unconventional resources in the Utica Shale with Eclipse Resources Corp. (NYSE: ECR)

HG Energy II LLC/Quantum — $1.23 billion acquisition of Noble Energy, Inc.’s (NYSE: NBL) upstream assets in the Marcellus Shale play

KKR/Venado Oil and Gas, LLC — $300 million acquisition of certain of EXCO Resources, Inc.’s (NYSE: XCO) producing and non-producing oil and natural gas properties in South Texas

PE-backed oil and gas company — substantial acquisition of certain non-operated oil and gas properties in the Eagle Ford Shale

Indigo Haynesville — on its agreement to purchase from Chesapeake Energy Corp. a portion of its acreage and producing properties in its Haynesville Shale operating area in northern Louisiana for approximately $450 million and associated placement of second lien and equity financing with a syndicate of private equity firms

An undisclosed buyer — in connection with the purchase of certain of Gastar Exploration Inc.’s oil and gas leasehold interests located primarily in northeast Canadian County and also in southeast Kingfisher County, Oklahoma for approximately $71 million

Large global investment fund — formation of drilling participation arrangement with Gastar Exploration Inc. (NYSE: GST) to jointly develop up to 60 Gastar-operated wells in the STACK play in Kingfisher County, Oklahoma

Independent oil and gas company — $423 million acquisition of Devon Energy Corporation’s (NYSE:DVN) oil and gas properties in the southern Midland Basin

The Blackstone Group — in connection with the formation of the Guidon Energy joint venture and the subsequent purchase of oil and gas assets in the Midland Basin

TPG Special Situations Partners, LLC — formation of $400 million drilling partnership to develop domestic unconventional resources in the Midland Basin with Hunt Oil Company

Private equity fund-formation of drilling partnership to develop assets in the Permian Basin

Sidley Austin LLP, Associate