Kirkland Counsels Oil & Gas Company in USD 2.6 Billion Merger

The petroleum industry, also known as the oil & gas industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation, and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline.

Kirkland & Ellis counselled Extraction Oil & Gas, Inc. on its all-stock merger of equals with Bonanza Creek Energy, Inc.

The combined company, to be named Civitas Resources, Inc., will be the largest pure-play energy producer in Colorado’s Denver-Julesburg Basin, with an aggregate enterprise value of approximately $2.6 billion.

Kirkland is an American law firm. Founded in 1909 in Chicago, Illinois, Kirkland & Ellis is the largest law firm in the world by revenue, the seventh-largest by number of attorneys, and is the first law firm in the world to reach US$4 billion in revenue.

The Kirkland team was led by corporate partners Doug Bacon and Alex Rose and associates Camille Walker and Brittany Scheier; capital markets partners Julian Seiguer and Bryan Flannery; asset partners Anthony Speier and Chris Heasley and associate Alia Heintz; and tax partner Mark Dundon and associates Joe Tobias and Courtney Loyack.

A network is your strongest asset. The Kirkland & Ellis Alumni Engagement Program connects the brightest minds in the legal industry through our alumni exclusive website, one-of-a-kind events, and lifelong career support — there are endless opportunities to build relationships.

Extraction Oil & Gas, Inc. operates as an energy company. The Company focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquid reserves in the Rocky Mountains. Extraction Oil & Gas serves customers in the United States.