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Akin Advises FireBird Energy II in $500 Million Equity Investment from Quantum Energy Partners

April 25, 2023

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(Fort Worth) – Akin advised FireBird Energy II LLC, an upstream oil and gas company focused on the acquisition and responsible development of assets in the Midland Basin, in a $500 million equity investment from Quantum Energy Partners.

Formed following the recent $1.6 billion sale of FireBird Energy LLC to Diamondback Energy, Inc., FireBird II was formed to invest in oil and gas properties in the Permian Basin with a primary focus on the Midland Basin.

More details on the transaction can be found here.

The Akin team was led by corporate partners Wesley Williams and Cole Bredthauer, included tax partner Julia Pashin, and corporate counsel Eduardo Canales and Mary Lovely and associates Dominic Riella and Bryce Couch.

Akin 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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