Kirkland Advises Permian on Divesture of Gathering Systems to Kinetik for $180 Million
December 11, 2024
December 11, 2024
CHICAGO, Illinois, Dec. 11 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis counseled Permian Resources Corporation (NYSE: PR) on entering into a definitive agreement to sell natural gas and oil gathering systems located primarily in Reeves County, Texas to Kinetik Holdings Inc. (NYSE: KNTK) for a total cash consideration of $180 million, subject to customary post-closing adjustments.
The divested natural gas and oil pipeline sy . . .
Kirkland & Ellis counseled Permian Resources Corporation (NYSE: PR) on entering into a definitive agreement to sell natural gas and oil gathering systems located primarily in Reeves County, Texas to Kinetik Holdings Inc. (NYSE: KNTK) for a total cash consideration of $180 million, subject to customary post-closing adjustments.
The divested natural gas and oil pipeline sy . . .