Cesar G. Leyva

Civitas Resources, Inc. (NYSE: CIVI) (Civitas) has announced it has entered into an agreement to acquire assets from Vencer Energy, LLC (Vencer Energy) for US$2.15 billion in a combination of cash, stock, and deferred payment consideration, subject to customary anti-dilution and purchase price adjustments. The assets are comprised of certain oil and gas properties, interests, and related assets located in Glasscock, Martin, Midland, Reagan, and Upton Counties, Texas. The transaction is expected to close early in the first quarter of 2024, subject to customary closing conditions and regulatory approvals. Latham & Watkins represents Vencer Energy in the transaction with a corporate deal team led by Houston partners James Garrett, Michael King, and John Greer, with associates Cesar Leyva, Daniel Harrist, Monika Kluziak, John Daywalt, Jordan Armstrong, Kevin Donovan, and Chris Fanick. Advice was also provided on labor and employment matters by Washington, D.C. partner Adam Kestenbaum and Houston counsel Krisa Benskin; on tax matters by Houston partner Jim Cole, with associate Dominick Constantino; on antitrust matters by Washington, D.C. partner Jason Cruise; and on finance matters by Houston partner Catherine Ozdogan.~~

Oct 4

1 min

Enagás, an international leader in the development, operation, and maintenance of energy infrastructure, announced that it has reached an agreement to sell its 30.2% interest in Tallgrass Energy to Blackstone Infrastructure Partners for US$1.1 billion. The transaction is expected to close at the end of July. Latham & Watkins LLP represents Enagás in the transaction with a corporate deal team led by Houston partners Ryan Lynch and Kevin Richardson and Madrid partner María José Descalzo, with associates Cesar Leyva, Brian Bruzzo, and Brock Jones. Advice was also provided on tax matters by Houston partners Tim Fenn and Jim Cole and Madrid partners Ivan Rabanillo and Jordi Dominguez, with associate Christine Mainguy; on regulatory matters by Washington, D.C. partners Jason Cruise and Damara Chambers and Madrid partner José María Jiménez-Laiglesia; on environmental matters by Los Angeles/Houston partner Josh Marnitz; and on benefits matters by Century City/Bay Area partner Julie Crisp, with associate Aaron Tso.~~

Jul 10

1 min

Vital Energy, Inc. (NYSE: VTLE) (Vital Energy or the Company) has announced the second acquisition of additional working interests in producing assets associated with the recent asset acquisition from Henry Energy LP, Moriah Henry Partners LLC, and Henry Resources LLC (collectively Henry) for total consideration of approximately US$78 million. Latham & Watkins LLP represented Vital Energy in the transaction with a corporate deal team led by Houston partners Stephen Szalkowski and John Greer, with associates Cesar Leyva, Robert Cunningham, and Justin Reinking. Advice was also provided on tax matters by Houston partner Jim Cole, with associate Dylan White; and on antitrust matters by Washington, D.C. partner Jason Cruise and Washington, D.C. counsel Peter Todaro.~~

Feb 6

1 min

Vital Energy, Inc. (NYSE: VTLE) (Vital Energy) has announced the signing of definitive agreements with Henry Energy LP and Henry Resources LLC, and Maple Energy Holdings, LLC that will materially add scale in the Permian Basin, increase Free Cash Flow, enhance capital efficiency, and significantly reduce leverage. The transactions, which are subject to customary terms and conditions, are all expected to close in the fourth quarter of 2023. Latham & Watkins LLP advises Vital Energy in these two transactions with a corporate deal team led by Houston partners Stephen Szalkowski and John Greer, with associates Cesar Leyva, Robert Cunningham, Justin Reinking, and Jordan Armstrong. Advice was also provided on tax matters by Houston partners Jim Cole and Tim Fenn, with associate Dominick Constantino; on antitrust matters by Washington, D.C. partner Jason Cruise and counsel Peter Todaro; and on executive compensation, employment, and benefits matters by Washington, D.C. partner Adam Kestenbaum.~~

Sep 13

1 min