White Oak Resources VI $500 million financing

30/10/2015

Acquisition finance, Refinancing

Value:

$ 500 million

Status:

Completed

Date:

30/10/2015

Overview:

Oil and gas lease operator White Oak Resources VI has obtained $500 million in financing.
The funds will be used to refinance an existing credit facility with Frost Bank and to finance the acquisition of assets from Milagro Producing.
JPMorgan Chase acted as administrative agent and JP Morgan Securities as arranger.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal types:

Acquisition finance
Refinancing

Practice area:

Banking

Governing law:

United States

Industry sector:

Oil and gas

Firms:

Bracewell

Party: JPMorgan Chase (Administrator)

Party: JP Morgan Securities (Arranger)

Lawyer: Dewey Gonsoulin Jr

Sidley Austin

Party: White Oak Resources VI (Borrower)

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