Bracewell & Giuliani LLP is representing EPL Oil & Gas, Inc., a Houston based independent oil and natural gas exploration and production company, on the purchase and sale agreement to acquire oil and natural gas assets in the shallow-water central Gulf of Mexico from Nexen Petroleum Offshore U.S.A. Inc. for $70.4 million.
The transaction is expected to close in late January, subject to customary closing conditions and adjustments.
Bracewell attorneys working on the transaction include:
Partners: G. Alan Rafte, Kevin A. Ewing, and Elizabeth L. McGinley
Counsel:Jacqueline R. Java
Associates: Christopher J. Miller