A Locke Lord team led by Terry Radney, Mitch Tiras and Hunter Summerford (all of Houston) represented WildHorse Resource Development Corporation in the acquisition of approximately 111,000 net acres in Texas and associated production from Anadarko Petroleum Corporation and affiliates of Kohlberg Kravis Roberts & Co. L.P. for $625 million. According to the WildHorse press release, the acquisition brings WildHorse operations to a total of 385,000 net acres making the oil and natural gas company the second largest operator in the entire Eagle Ford trend. The deal is expected to close June 30, 2017. Additional team members included Greg Heath, Jerry Higdon, Sara Longtain, Tammi Niven, Ed Razim, Tom Hillebrand, Kerstie Moran (all of Houston), Van Jolas and Danielle Olson (both of Dallas). General Counsel Kyle Roane and Assistant General Counsel Brad Coffey led the transaction for WildHorse.
Posted May 11, 2017