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Vinson & Elkins advised KLX Energy Services Holdings, Inc. (NASDAQ: KLXE) (the “Company”), an onshore provider of oilfield services servicing the Permian, Eagle Ford, Rockies, Bakken, Marcellus, Utica and MidCon basins, in a refinancing transaction (the “Refinancing”).

Vinson & Elkins L.L.P. advised Citigroup Global Markets Inc. and Mizuho Securities USA LLP, as representatives of the underwriters, in connection with an underwritten public offering of 8,500,000 ordinary shares (the “Offering”) by Diversified Energy Company PLC (“DEC”), at a price to the public of $14.50 per share.

Vinson & Elkins has released its latest industry report, Energy Disputes: Navigating Key Trends and Challenges, providing an in-depth analysis of the evolving landscape of energy-related disputes.

Vinson & Elkins advised Double Eagle IV MidCo, LLC (“Double Eagle”), a subsidiary of Double Eagle Energy Holdings IV, LLC and a private company backed by EnCap Investments L.P. (“EnCap”), in the entry into a definitive agreement whereby Double Eagle will sell certain of its subsidiaries and assets to Diamondback E&P LLC, a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG), in exchange for approximately 6.9 million shares of FANG common stock and $3 billion of cash consideration, subject to customary adjustments.

Vinson & Elkins advised Morita Ranches Minerals, LLC (“Morita Minerals”), a mineral and interests company focused on oil, gas and other hydrocarbons (“Assets”), backed by EnCap Investments L.P., and a wholly owned subsidiary of Morita Ranches Holdings, LLC, in connection with Morita Minerals’ entry into an agreement whereby Viper Energy Partners, LLC (“Viper”), a subsidiary of Viper Energy, Inc. (NASDAQ: VNOM), would acquire such Assets. A copy of the press release is below.

Vinson & Elkins L.L.P. advised the initial purchasers in connection with the private placement by CNX Resources Corporation (“CNX”) (NYSE: CNX) of $200 million aggregate principal amount of 7.250% senior notes due 2032.

Vinson & Elkins acted as counsel on Texas law and U.S. tax and security law matters for Boren Minerals (a Saskatchewan partnership), in connection with the sale of mineral interests in the Mabee Ranch to Kimbell Royalty Partners, LP.

Vinson & Elkins represented Equinor ASA (Equinor) in the sale of its Nigerian subsidiary, Equinor Nigeria Energy Company (ENEC), including its share in the giant Agbami oil field (Nigeria’s largest deep-water field), to Chappal Energies.

Vinson & Elkins advised the underwriters in connection with Coterra Energy Inc.’s offering of $1.5 billion aggregate principal amount of 5.40% senior unsecured notes due 2035 and 5.90% senior unsecured notes due 2055.

Vinson & Elkins advised LandBridge Company LLC (NYSE: LB) (“LandBridge”) in connection with the private placement of 5,830,419 Class A shares, at a price of $60.03 per Class A share, to select institutional and accredited investors, resulting in gross proceeds of approximately $350 million.

Vinson & Elkins represented J.P. Morgan Securities LLC as underwriters’ counsel in connection with Hilcorp Energy I., L.P.’s and Hilcorp Finance Company’s $1 billion offering of senior notes aggregate principal amount of 7.250% senior notes due 2035.

Vinson & Elkins advised WildFire Energy I LLC (the “Company”) in connection with the inaugural private offering (the “Offering”) by WildFire Intermediate Holdings, LLC, a wholly-owned subsidiary of the Company, of $600.0 million aggregate principle amount of its 7.500% Senior Notes due 2029.