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Vinson & Elkins represented affiliates of Riverstone Holdings LLC in connection with Hammerhead Energy’s (“Hammerhead”) entry into a definitive agreement with Crescent Point Energy Corp. (“Crescent Point”) pursuant to which Crescent Point has agreed to acquire all of the issued and outstanding Class A common shares of Hammerhead (“Hammerhead Shares”) for total consideration of C$21.00 per Hammerhead Share.

Vinson & Elkins advised Earthstone Energy, Inc. (“Earthstone”), a growth-oriented, independent upstream energy company, in its entry into a definitive agreement with Permian Resources Corporation (“Permian Resources”) under which Permian Resources will acquire Earthstone in an all-stock transaction valued at approximately $4.5 billion, inclusive of Earthstone’s net debt.

Vinson & Elkins advised North Texas Public Broadcasting, Inc. on the purchase of The Denton Record-Chronicle, the primary source of local news in Denton County, Texas.

Vinson & Elkins advised Global Infrastructure Partners in the execution of a definitive agreement with TC Energy to acquire a 40 percent interest in its Columbia Gas Transmission, LLC (Columbia Gas) and Columbia Gulf Transmission, LLC (Columbia Gulf) systems, in a new joint venture, with total proceeds expected to be US $3.9 billion in cash, to be paid at closing, subject to certain customary adjustments.

Vinson & Elkins advised Baytex Energy Corp. in entering into a Merger Agreement to acquire Ranger Oil Corporation, a pure play Eagle Ford company for $2.5 billion.