Gardere Represents RedBird in Acquisition of SM Energy's Ark-La-Tex Assets

01 July 2015 News

A PRNewswire alert announced that, following the acquisition of certain SM Energy Company Ark-LA-Tex assets, Aethon Energy Management LLC and RedBird Capital Partners LLC together now manage assets in the Ark-LA-Tex area producing approximately 56 million cubic feet of natural gas equivalent per day- nearly twice the size prior to the closing. 

The release reports that the collective reserve base is low risk, long life and cash producing with considerable upside optionality. "With this acquisition, we are pleased to continue our partnership with Aethon and look forward to participating in the continued expansion of our collective reserve base," said RedBird Partner Hunter Carpenter. 

RedBird was represented by Gardere Partners Evan D. Stone and Timothy M. Spear, along with Attorneys Jerry A. DeVault and Glenn T. Singleton. Weil Gotshal & Manges LLP and Ringet & Collier PLC served as legal counsel to Aethon. 

The full press release can be accessed here.

Related Services

Insights

CMS Proposes Enhanced Scrutiny over Medicaid Supplemental Payments
20 November 2019
Health Care Law Today
The Purpose of a Corporation
November 2019
Legal News: Business Law
Should This Be a "Mobility" Industry Blog?
19 November 2019
Dashboard Insights
Data Processing Patent Eligibility: Federal Circuit Finds Claims Eligible in KPN v. Gemalto
19 November 2019
IP Litigation Current
PATH Summit 2019
18-20 December 2019
Arlington, VA
Madison CLE Days
18-19 December 2019
Madison, WI
MedTech Impact Expo & Conference
13-15 December 2019
Las Vegas, NV
HFMA MA-RI Annual Compliance Update
12 December 2019
Boston, MA