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January 24, 2026
Kirkland Advises Delaware Basin Resources on Sale to VTX

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AI-made summary
- Kirkland & Ellis advised Delaware Basin Resources on its sale to VTX Energy Partners, LLC, the U.S
- upstream subsidiary of Vitol, for an undisclosed amount
- The transaction includes 35,000 net leasehold acres and 46,000 surface acres in Reeves and Pecos counties within the Delaware Basin, with current daily production of about 40,000 barrels of oil equivalent
- The Kirkland team included corporate and real assets partners and associates.
Kirkland & Ellis counseled Delaware Basin Resources on its sale to Vitol’s U.S. upstream company, VTX Energy Partners, LLC, for an undisclosed sum. The assets comprise of 35K net leasehold acres and 46K surface acres across Reeves and Pecos counties in the Delaware Basin, with current daily production of approximately 40 mboepd. Read Vitol’s press release The Kirkland team was led by corporate partners John Pitts and Zach Savrick and associates Mike Bassi, Matt Gibson and Haley Steinman; and real assets partners Rahul Vashi, David Castro and Alia Heintz.
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