Kirkland Advises GEP Haynesville II, LLC on Sale of Majority Interest in South Mansfield Upstream to JERA

Kirkland & Ellis advised GEP Haynesville II, LLC on the sale of its majority interest in South Mansfield upstream to JERA. In addition to the upfront purchase price, GEP will receive deferred monthly payments through 2029 that are based on a predefined development plan. GEP will continue to operate and develop the upstream asset under a Contract Operating Agreement on a fixed fee basis, ensuring operational continuity and continues to own and operate other Haynesville assets that are not involved in this transaction.

Read the transaction press release

The Kirkland team included corporate lawyers Chris Heasley, Albert Jou, John Pitts, Luke Strother, Chelsea Daku, Rachel Miller and Braxton Iden; debt finance lawyers Mary Kogut, Layton Bell, Grant Gannon and Hope Rovner; tax lawyers David Wheat, Joe Tobias and Brooke Schafer; environmental transactions lawyers Jonathan Kidwell and Courtney Tibbetts; antitrust & competition lawyers Chuck Boyars, Matthew Wheatley, Joe Krisko and Meredith Faith Malcolm; employment & labor lawyers Christie Alcala and Paul Vasiloff; employee benefits lawyers Alexandra Mihalas and Jack Amaro; derivatives lawyer Drue Santora; international trade & national security lawyers John Kabealo, Chad Crowell, Nick Perez and Joyce Song; transactional liability insurance lawyer Hayley Hollender; and litigation lawyer Shayne Henry.