The Firm is representing Fieldwood Energy LLC (“Fieldwood”), a portfolio company of Riverstone Holdings LLC, in connection with the acquisition financing relating to its announced acquisition of Apache Corporation’s (NYSE, Nasdaq: APA) Gulf of Mexico Shelf business for $3.75 billion. The properties to be acquired represent the largest operated asset base on the Gulf of Mexico Shelf and comprise more than 500 blocks and 1.9 million net acres.
Fieldwood, based in Houston, Texas, is focused on the acquisition and development of conventional oil and gas assets in North America, including the Gulf of Mexico.
The Simpson Thacher team includes Chris Brown, Robert Rabalais and Hayley Urkevich Nivelle.