The assets comprise approximately 32,000 net acres, with 12-month trailing production of approximately 121 million cubic feet per day.
The acquisition will expand POSCO International’s upstream natural gas portfolio in the US and further integrate its liquefied natural gas value chain across gas production, downstream sales, liquefaction, and trading.
The DLA Piper deal team was led by Partners DK Donghyun Kim (Atlanta) and Raul Farias (Partner) and Associates Michael Oberlies (Atlanta), Sophia Browning (San Diego) and Attorney Rebecca Clark (Atlanta) with support from Partners Andrew Westgate, Paolo Morante, Frank Ikonero Mugabi (all New York), and Nicholas Klein (Washington, DC), Of Counsel Andrea Chambers (Washington DC) and Heather Srimal (Palo Alto), and Associates Felicia Isaac (Washington, DC), David Cadena (Los Angeles), Leonard Yoo (Short Hills).
With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex transactions seamlessly while supporting clients across all stages of development. The firm has been ranked number one in global M&A volume for 16 consecutive years by Mergermarket.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
