Global Legal Chronicle: TXO Partners’ Acquisition of Greater Williston Basin Assets from Eagle Mountain Energy Partners
June 28, 2024
O’Melveny advised Eagle Mountain Energy Partners, a portfolio company of Dallas-based investment firm Pearl Energy Investments, on its agreement with TXO Partners, L.P. to sell the Elm Coulee field in Montana and the Russian Creek field in North Dakota for total cash consideration of US$225 million and 2.5 million common units of TXO, subject to customary purchase price adjustments. The O’Melveny team was led by Houston corporate partner Steven Torello and San Francisco partner Kurt Berney, with support from partners Will Becker, Kim Williams, and Warren Fox, senior counsel John Renneisen, counsel Albert Jou and Tai Vivatvaraphol, and associates Connor Corbitt, Eleanor G. Dunn, and Susanna Korkeakivi.
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