Kirkland & Ellis advised Crescent Energy Company (NYSE: CRGY) on its definitive agreement to acquire Eagle Ford assets from Ridgemar Energy for upfront consideration of $905 million plus future oil price contingent consideration, subject to customary purchase price adjustments. The acquisition is directly offset Crescent’s core Central Eagle Ford position and builds upon its significant acquisition activity in the Eagle Ford over the past 18 months, totaling more than $4 billion of accretive M&A. The transaction is expected to close in the first quarter of 2025. Read Crescent’s press release The Kirkland team included real asset transactions lawyers R.J. Malenfant, Albert Jou, Chris Heasley, David Castro Jr., Patrick Lingwall, Chelsea Daku, Shelby Velasquez and Jake Johnson; corporate lawyers Kyle Watson and Fernanda Langa; tax lawyer Mark Dundon; debt finance lawyer Jordan Roberts; capital markets lawyer Michael Rigdon; environmental transactions lawyer Jon Kidwell; antitrust & competition lawyer Chuck Boyars; employee benefits lawyer Justin Coddington; executive compensation lawyer Rob Fowler; employment & labor lawyer Christie Alcala; technology & IP transactions lawyer Daisy Darvall; and energy regulatory lawyer Damien Lyster.