Mergermarket: Northern Oil & Gas to Buy 30% Stake in Forge Energy II from EnCap
May 15, 2023
O’Melveny advised Forge Energy II Delaware, LLC, an EnCap portfolio company, on a sale of operated Permian Basin assets to Vital Energy, Inc., an independent energy company, in partnership with an unnamed third party for US$540 million. The all-cash transaction is expected to close in late second-quarter 2023, subject to customary closing conditions.
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