Akin Gump Advises HighPeak Energy in Asset Acquisition from Hannathon Petroleum
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(Dallas/Fort Worth) – HighPeak Energy, Inc. has announced that it has entered into an agreement to acquire the Howard County assets of Hannathon Petroleum, LLC and other non-operated working interest owners. A team of Akin Gump lawyers advised HighPeak in the transaction.
Purchase consideration due to the sellers, subject to customary closing adjustments, comprises $255 million in cash and approximately 3.78 million shares of HighPeak’s common stock.
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The Akin Gump team was led by corporate partners Cole Bredthauer and Wes Williams, counsel Eduardo Canales and associate Dominic Riella; with assistance from tax partner Julia Pashin, environment and natural resources practice head David Quigley and senior counsel Andrew Oelz, and corporate counsel Frankie Shulkin.
Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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