WPX Energy $2.35 billion acquisition of RKI Exploration & Production

17/8/2015
Private acquisition

$ 2.35 billion

Completed

17/8/2015


Overview:

  • WPX Energy has completed its acquisition of RKI Exploration & Production.
  • The transaction provides WPX with additional assets in the Permian Basin.
  • Barclays Capital and Tudor Pickering Holt & Co acted as financial advisers for WPX.
  • The deal was first announced in July 2015.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Oil and gas


Firms:

Party: RKI Exploration & Production (Target)

Lawyer: James Larimore


Party: WPX Energy (Acquirer)

Lawyer: James Griffin