Akin Gump Advises Natural Gas Partners in Sale of Eagle Rock Energy Partners
(Houston) – Akin Gump advised Eagle Rock Energy Partners, L.P.’s 35 percent equity holder Natural Gas Partners in Eagle Rock’s agreement to be acquired by Vanguard Natural Resources, LLC for $614 million, including debt.
As a result of the transaction, Eagle Rock will become a wholly-owned indirect subsidiary of Vanguard. The merger, which is subject to customary closing conditions, including the approval by both the Vanguard and Eagle Rock unitholders, is expected to close in the third quarter.
The Akin Gump team advising Natural Gas Partners included John Goodgame and Heather Ashour, partner and associate, respectively, in the firm’s oil and gas practice.
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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