Thompson & Knight Represents Surge Energy in Acquisition from Grenadier Energy Partners II LLC

DALLAS, Texas – Thompson & Knight advised Surge Energy US Holdings Company in its agreement, through its subsidiary, to acquire leasehold interest and producing wells from Grenadier Energy Partners II LLC in Howard County, TX. The aggregate purchase price of the transaction is expected to be approximately $420 million. The transaction is expected to close in late first quarter.

The Thompson & Knight team was led by Hunter White and included Richard Hemingway, Aaron Powell, and Skyler Sikes (oil and gas); Ashley Phillips (environmental); Roger Aksamit (tax); and Elizabeth Schartz and Tony Campiti (employment and labor).