News

Gardere Represents RedBird in Acquisition of SM Energy's Ark-La-Tex Assets

07.01.15

A PRNewswire alert announced that, following the acquisition of certain SM Energy Company Ark-LA-Tex assets, Aethon Energy Management LLC and RedBird Capital Partners LLC together now manage assets in the Ark-LA-Tex area producing approximately 56 million cubic feet of natural gas equivalent per day- nearly twice the size prior to the closing. 

The release reports that the collective reserve base is low risk, long life and cash producing with considerable upside optionality. "With this acquisition, we are pleased to continue our partnership with Aethon and look forward to participating in the continued expansion of our collective reserve base," said RedBird Partner Hunter Carpenter. 

RedBird was represented by Gardere Partners Evan D. Stone and Timothy M. Spear, along with Attorneys Jerry A. DeVault and Glenn T. Singleton. Weil Gotshal & Manges LLP and Ringet & Collier PLC served as legal counsel to Aethon. 

The full press release can be accessed here.

The publications contained in this site do not constitute legal advice. Legal advice can only be given with knowledge of the client's specific facts. By putting these publications on our website we do not intend to create a lawyer-client relationship with the user. Materials may not reflect the most current legal developments, verdicts or settlements. This information should in no way be taken as an indication of future results.

Search Tips:

You may use the wildcard symbol (*) as a root expander.  A search for "anti*" will find not only "anti", but also "anti-trust", "antique", etc.

Entering two terms together in a search field will behave as though an "OR" is being used.  For example, entering "Antique Motorcars" as a Client Name search will find results with either word in the Client Name.

Operators

AND and OR may be used in a search.  Note: they must be capitalized, e.g., "Project AND Finance." 

The + and - sign operators may be used.  The + sign indicates that the term immediately following is required, while the - sign indicates to omit results that contain that term. E.g., "+real -estate" says results must have "real" but not "estate".

To perform an exact phrase search, surround your search phrase with quotation marks.  For example, "Project Finance".

Searches are not case sensitive.

back to top