Akin Gump Advises EP Energy in Sale of Properties to Covey Park
(Houston) – Akin Gump has advised EP Energy Corp. in an agreement to sell all of its assets in the Haynesville and Bossier shale plays in Texas and Louisiana to Covey Park Gas LLC for $420 million in cash.
The deal, which is expected to close in the second quarter, is subject to certain customary closing conditions.
Akin Gump oil and gas partner Steven Otillar led the team advising EP Energy with the assistance of associate Eduardo Canales. In addition, senior counsel Rebecca Tyler, counsel Rahul Vashi and tax partner Alison Chen provided further transaction support.
Founded in 1945, 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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