EOG Resources $2.5 billion acquisition of Yates Petroleum

Overview:

• EOG Resources has acquired Yates Petroleum in a $2.5 billion deal.
• The purchase includes all Yates entities, such as Abo Petroleum and MYCO Industries.
• The acquisition gives EOG a deep foothold in the oil-rich Permian Basin.
• Akin Gump Strauss Hauer & Feld (John Goodgame, Andy Lehman) advised EOG.
• Thompson & Knight (Wes Williams, Jessica Hammons), Modrall Sperling, and Kemp Smith (Gene Wolf, Mark Hedrick) advised Yates.

Kurt Stumpo - Journalist - North America and the Caribbean