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Kirkland Counsels Extraction Oil & Gas in $2.6 Billion Merger of Equals

Kirkland & Ellis counselled Extraction Oil & Gas, Inc. (Nasdaq: XOG) on its all-stock merger of equals with Bonanza Creek Energy, Inc. (NYSE: BCEI). 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.

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.

Read Extraction’s press release here