Firm represents the private equity sponsor in the upstream M&A transaction.
FourPoint Resources, LLC, together with its partners Quantum Capital Group and Kayne Anderson, announced the signing of a purchase and sale agreement to acquire Ovintiv Inc.’s (NYSE, TSX: OVV) Uinta Basin assets for a purchase price of US$2.0 billion in cash. The asset includes 126,000 net acres and production of 29 Mbbls/d.
Latham & Watkins LLP represented Kayne Anderson in the transaction with a deal team led by Justin T. Stolte, John Greer, and James Robertson. Advice was also provided by Larry Seymour, Jordan Barnes, Jason Cruise, Patrick English, and Cesar Leyva.