2 Firms Steer Kimbell's $151.3M Deal For EnCap Assets

By Chelsea Naso (February 7, 2019, 6:16 PM EST) -- Texas-based Kimbell Royalty Partners LP revealed Thursday it will buy a suite of oil and gas royalty assets from energy-focused private equity firm EnCap Investments LP for $151.3 million, in a deal led by Baker Botts LLP and Vinson & Elkins LLP.

The all-equity deal will see Kimbell, which holds oil and natural gas mineral and royalty interests in 28 states, acquire interests that EnCap owned through Phillips Energy Partners and its affiliates, according to a statement.

"With this acquisition, we have now completed over $700 million in acquisitions in less than six months and have positioned ourselves as one of...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!