Akin Gump Advises Viper Energy in $315 Million Public Offering

(Dallas) – Viper Energy Partners LP, a subsidiary of Diamondback Energy, Inc., has closed on a public offering of 10,080,000 common units representing limited partner interests at a public offering price of $31.25 per unit. The total gross proceeds of the offering (before underwriters’ discounts and commissions and estimated offering expenses) was approximately $315 million.

Akin Gump corporate partner Seth Molay led the team advising Viper Energy. He was joined by tax partner Alison Chen, corporate senior counsel Irina Maistrenko and global energy and transactions senior counsel Alexandra Reuss and associates Chase Armbrust, Michelle Moreland and Cabell Massey.

Founded in 1945, Akin Gump Strauss Hauer & Feld LLP 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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