Bracewell Counsels Canada Pension Plan Investment Board in Majority Ownership Stake in LongPoint Minerals

HOUSTON – Bracewell LLP is representing the Canada Pension Plan Investment Board (CPPIB) in the $450 million commitment by its wholly owned subsidiary, CPPIB Credit Investments (CPPIB Credit), to LongPoint Minerals, LLC (LongPoint), a recently launched company focused on the acquisition of oil and gas mineral investments. LongPoint will focus on three key basins: the Anadarko Basin, Permian Basin and Denver-Julesburg Basin. The commitment will be deployed over two to three years and will represent a majority stake in LongPoint.

Bracewell attorneys involved in this transaction include:

Partners: G. Alan Rafte and Elizabeth L. McGinley

Associates:  Christopher J. Miller and Aaron N. Carpenter