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Quantum Capital Group Acquires Assets from Caerus Oil and Gas for $1.8 Billion

Vinson & Elkins advised Quantum Capital Partners and two of its portfolio companies – KODA Resources and QB Energy – in the acquisition of $1.8 billion of oil and gas assets from Caerus Oil and Gas.

The transactions involve KODA acquiring all of Caerus’s natural gas assets in the Uinta basin and QB Energy acquiring all of Caerus’s assets in the Piceance basin. The transaction closed August 19, 2024.

The Vinson & Elkins team was led by partners John Grand and Robert Hughes, counsel Elena Sauber, senior associates David Latham and Charlie Fitzpatrick and associate Pranay Malempati. Also assisting on the transaction were partner Jackson O’Maley, senior associate Alex Turner and associates Zac Horne, Walt Baker, Phil Greenfield and Chris Chiavaroli; partners Hill Wellford and Kara Kuritz, counsel Evan Miller and associate Adam Thomas; partners John Lynch, Todd Way and Jason McIntosh and senior associates Curt Wimberly and Dan Henderson; partner Sarah Mitchell, senior associate Victoria Bahrami-Negad and associate Dean Dixon; partner David D’Alessandro and associates Matt Green and Morgan Whittlesey; partner Danielle Patterson and counsel Megan Menniti; partners Suzanne Clevenger, John Decker and Mike Tomsu and associate Ryan Hoeffner; partner Sean Becker and associate Ashley Plunk; partners Niels Jensen and Tzvi Werzberger, counsel Carter Olson, senior associate Demi Hueth and associate Avi Shchigel; counsel Rajesh Patel and associate Haley Titcomb; partners Matt Stammel and Nicholas Shum, senior associate Brooke Noble and associates Avery Westerlund and Hope Miller; and partner Matthew Dobbins and associates Kelly Rondinelli and Alyssa Sieja.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 11 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

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