Akin Advises Viper Energy in $1.1 Billion Permian Basin Acquisitions
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(Houston) – Akin advised Viper Energy, Inc., a subsidiary of Diamondback Energy, Inc., in three transactions related to its acquisition of mineral and royalty-interest owning subsidiaries of Tumbleweed Royalty IV, Tumbleweed-Q Royalty Partners and MC Tumbleweed Royalty with assets in the Permian Basin, for aggregate consideration of $1.1 billion.
The Akin team was led by corporate partner John Goodgame, energy transactions partner Ian Goldberg and corporate counsel Dasha Hodge. The team also included tax partner Alison Chen, senior counsel Irina Maistrenko and associates Michael Daus, Brannen Caraway and Samir Halawi.
Additional details 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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