Houston Team Represents OneEnergy Partners Operating and Carnelian Energy Capital in OEP's Entry Into Definitive Purchase and Sale Agreement

Locke Lord team Terry Radney (Houston) represented OneEnergy Partners Operating, LLC (OEP) and Carnelian Energy Capital in OEP’s entry into a definitive purchase and sale agreement with Lilis Energy, Inc. to sell approximately 2,798 net acres in the Delaware Basin. The transaction is valued at $70 million, consisting of $40 million in cash and $30 million of Lilis’ common stock, and is expected to close in March 2018.
Posted February 7, 2018