November 01, 2021
Weil advised Blackstone Energy Partners, as 70% stakeholder in Vine Energy Inc., an energy company focused on the development of natural gas properties in the over-pressured stacked Haynesville and Mid-Bossier shale plays in Northwest Louisiana, in Vine's $2.2 billion sale to Chesapeake Energy Corporation, an explorer and developer of unconventional oil and natural gas assets onshore in the United States. The transaction closed on November 01, 2021.
The Weil team that advised Blackstone Energy Partners was led by Mergers & Acquisitions partner Raymond Gietz and Private Equity partner Jeff Malonson and included Mergers & Acquisitions associate Joseph Cho and Private Equity associate Scott Bailey. The team also included International Tax Head Devon Bodoh; and Tax associate Nikolai Karetnyi.