Kirkland Advises Rockcliff Energy III on Acquisition of East Texas Assets from Pine Wave Energy Partners

Kirkland & Ellis advised Rockcliff Energy III LLC, a portfolio company of Quantum Capital Group, on the acquisition of East Texas assets from Pine Wave Energy Partners, LLC, a portfolio company of Old Ironsides Energy. The transaction includes assets located in San Augustine and Shelby Counties, Texas, which consist of ownership interests in 25 operated wells across approximately 29,000 net acres with approximately 100 million cubic feet per day (MMcf/d) of net production. The transaction also includes a controlling interest in certain natural gas gathering pipelines located in San Augustine County.

Read the transaction press release

The Kirkland team included corporate lawyers David Castro, Jr., Lindsey Jaquillard, Mike Marek, Patrick Lingwall, Chandler Spinks, Mohammad Alkadhem, Sterling Lykes and Shelby Velasquez; debt finance lawyers Will Bos, Chad Davis and Christina Godard; tax lawyers Mark Dundon and David Gilbert; environmental transactions lawyers Jim Dolphin and Anna Todd; employee benefits lawyers Justin Coddington and Ethan Kirner; employment & labor lawyers Christie Alcala and George Cartveli; and executive compensation lawyers Rob Fowler and Jenny Cha.