Akin Gump Advises Goodrich Petroleum in Sale of Eagle Ford Shale Leases and Wells

July 27, 2015

Reading Time : 1 min

Contact:

Jacinta O'Shea-Ramdeholl

Director of Communications

Sarah Richmond

Senior Communications Manager

(Houston) – Akin Gump represented Goodrich Petroleum Company, L.L.C., as seller, in the sale of oil and gas leases and wells in the Eagle Ford Shale in Frio and LaSalle Counties, Texas, to a confidential private equity-backed buyer, for $118 million, subject to closing adjustments.

The deal, which includes approximately 13,000 net acres of leasehold and 83 producing oil and gas wells, has an anticipated closing date of September 4. Akin Gump partner Michael Byrd and associate Rahul Vashi, both members of the firm’s oil and gas practice, assisted Goodrich Petroleum with the transaction.

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.

 # # #

Share This Insight

Related Services, Sectors, and Regions

© 2024 Akin Gump Strauss Hauer & Feld LLP. All rights reserved. Attorney advertising. This document is distributed for informational use only; it does not constitute legal advice and should not be used as such. Prior results do not guarantee a similar outcome. Akin is the practicing name of Akin Gump LLP, a New York limited liability partnership authorized and regulated by the Solicitors Regulation Authority under number 267321. A list of the partners is available for inspection at Eighth Floor, Ten Bishops Square, London E1 6EG. For more information about Akin Gump LLP, Akin Gump Strauss Hauer & Feld LLP and other associated entities under which the Akin Gump network operates worldwide, please see our Legal Notices page.