Akin, V&E Guide Quantum-led $500 Million Permian Investment

April 27, 2023, 10:45 AM UTC

Akin Gump Strauss Hauer & Feld advised FireBird Energy II LLC, a Fort Worth, Texas-based upstream oil and gas company, on more than $500 million in equity commitments the company obtained.

Vinson & Elkins counseled Quantum Energy Partners, whose managed funds anchored the transaction. Founders and employees of FireBird II, along with other strategic partners, are also making significant equity commitments, according to a statement.

FireBird Energy II, which was formed after a recent sale of FireBird Energy LLC for about $1.6 billion to Diamondback Energy, Inc., says it focuses on acquiring and developing oil and gas properties in the ...

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