Kirkland, V&E Build $2.55B Sale Of Uinta Basin Assets

By Jade Martinez-Pogue ( June 27, 2024, 1:10 PM EDT) -- SM Energy Company, advised by Kirkland & Ellis LLP, on Thursday unveiled plans to acquire the Uinta Basin oil and gas assets from private equity-backed XCL Resources LLC, led by Vinson & Elkins LLP, for an unadjusted purchase price of $2.55 billion, then sell an undivided 20% of those assets to Kirkland-led Northern Oil and Gas for $510 million....

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