Vinson & Elkins Advises Kraken Resources in Senior Notes Offering

Vinson & Elkins advised Kraken Resources, an independent oil and natural gas company focused in the Williston Basin, in connection with its inaugural offering of $500 million aggregate principal amount of 7.625% senior unsecured notes due 2029.

The offering closed on July 26, 2024.

The Vinson & Elkins corporate team was led by partners Jackson O’Maley, David Stone and Doug McWilliams, with assistance from senior associate Layton Suchma and associates Nick Wetzeler, Lauren Perillo, and Ronnie Braxton. Other key team members included partner Wendy Salinas and associate Steve Campbell; partner Dario Mendoza and associate Morgan Whittlesey; partner Matt Dobbins and associates Kelly Rondinelli and Alyssa Sieja; partner Tzvi Werzberger and counsel Zach Rider; counsel Elizabeth McIntyre; and counsel Brian Howard.

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