Akin Advises Point Energy Partners in its Sale to Vital Energy and NOG for $1.1 Billion

July 30, 2024

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Jacinta O'Shea-Ramdeholl

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Scott Wasserman

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(Dallas and Fort Worth) – Akin advised Point Energy Partners, a Vortus Investments portfolio company in a definitive joint purchase and sale agreement with Vital Energy and Northern Oil and Gas (NOG), in which Vital Energy and NOG will acquire the assets of Point Energy Partners in an all-cash transaction for total consideration of $1.1 billion.

The Akin team was led by energy partners Cole Bredthauer and Wesley Williams, and included tax partner Julia Pashin and environmental partner David Quigley; senior counsel Andrew Oelz and Brian Rafkin; counsel Eduardo Canales, Kevin Tsai and Matthew Schmitten; and associate Brannen Caraway.

Further information on the transaction can be found here.

Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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