Locke Lord Represents Cox Oil Affiliate in Merger Between Affiliates of Cox and Energy XXI Gulf Coast

A Locke Lord team led by Jason Schumacher (Dallas) represented an affiliate of Cox Oil in the completion of the merger between affiliates of Cox and Energy XXI Gulf Coast, Inc., along with the associated financing arrangements. Effective Oct. 18, 2018, Cox acquired all outstanding shares of EGC common stock for $9.10 per fully diluted share in cash, for a total consideration of approximately $322 million. For more information, please see the press release. Additional assistance was provided by Karl Fryzel and Jonathan Young (both of Boston), Julie Dziobak, Michael Kind (Chicago) James Bilton, Larry Ginsburg, Van Jolas, John McKnight, Kimberly WilliamsRobin Shaughnessy, Henry Benton and Joe Carmical (all of Dallas), Ben Cowan, Ed Razim, Scarlett Collings and Elizabeth Corey (all of Houston).
Posted July 6, 2018