Kirkland & Ellis counseled Crescent Energy Company (NYSE: CRGY) on its acquisition of operatorship and incremental working interest in its existing Western Eagle Ford assets from Mesquite Energy, Inc., a privately-held independent oil and gas exploration and production company, for $600 million. The all-cash transaction is expected to close early in the third quarter of 2023, subject to customary closing conditions.

The Kirkland team was led by real asset M&A partners David Castro Jr., Chris Heasley, Alia Heintz and Danny Nappier; debt finance partners Lucas Spivey and Jordan Roberts; capital markets partners Matt Pacey and Anne Peetz; tax partner Mark Dundon; environmental transactions partners Paul Tanaka and Jennifer Cornejo; antitrust & competition partner Chuck Boyars; and litigation partners Kenneth Young and Shayne Henry.