SM Energy $980 million acquisition of Rock Oil Holdings

8/8/2016
Public acquisition

$ 980 million

Completed

8/8/2016


Overview:

  • SM Energy has acquired Rock Oil Holdings in a $980 million deal.
  • Rock Oil was sold by private equity firm Riverstone Holdings.
  • The purchase expands SM Energy's assets and oil production in the Texas Midland Basin.
  • Holland & Hart (Lucy Stark, Kit LeVoy) advised SM.
  • Latham & Watkins (Robin Fredrickson, Michael Dillard) advised Rock Oil and Riverstone.

Kurt Stumpo - Journalist - North America and the Caribbean

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Energy


Firms:

Party: SM Energy (Acquirer)


Party: Riverstone Holdings (Seller)

Party: Rock Oil (Target)