Akin Gump Advises FireBird Energy in $1.6 Billion Acquisition by Diamondback Energy

Akin Gump advised FireBird Energy LLC, a private Midland Basin operator, on its agreement to sell all of its leasehold interests and related assets to Diamondback Energy Inc. in a cash-and-stock transaction valued at roughly $1.6 billion.

To learn more about the transaction, click here.

The Akin Gump team advising FireBird was led by corporate partner Cole Bredthauer and included corporate partner Wesley Williams, litigation partner Gorav Jindal, tax partner Julia Pashin, labor partner Brian Patterson and environment and natural resources practice head David Quigley, senior counsels Andrew Oelz and Alexandra Reuss, corporate counsels Eduardo Canales and Frankie Shulkin litigation counsel Matt Schmitten and associates Courtney Beloin, and Dominic Riella.