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Bracewell Represents Ursa Resources Group II in $325 Million Purchase of Colorado Gas Assets

HOUSTON — Bracewell & Giuliani LLP represented Ursa Resources Group II LLC (Ursa) in its purchase of pipeline and gas assets in Colorado’s Piceance Basin from Antero Resources Corp. Ursa agreed to pay approximately $325 million for the assets, which include 61,000 net acres of leasehold and 30 miles of gathering pipeline in western Colorado.

The deal is expected to close in December 2012.

Bracewell attorneys who worked on the transaction include:

Partners: William D. Gutermuth and Bryan E. Loocke

Associates: Lytch Tornow and Kate Champion