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Latham & Watkins Advises Vital Energy in US$540 Million Acquisition of Forge Energy II Delaware, LLC

May 16, 2023
Houston-based team advises the energy company in purchase expanding Permian Basin footprint.

Vital Energy, Inc. (NYSE: VTLE) announced the signing of a definitive joint purchase and sale agreement to acquire the assets of Forge Energy II Delaware, LLC, an EnCap portfolio company, further expanding the Company’s Permian Basin focus and establishing a core operating position in the Delaware Basin.

Latham & Watkins LLP advised Vital Energy in the transaction with a Houston-based deal team led by partner Stephen Szalkowski, with associates Shawn Beloin and Corynn Wilson. Advice was also provided on tax matters by Houston partner Jim Cole, with associate Dylan White; and on antitrust matters by Washington, D.C. partner Jason Cruise and counsel Peter Todaro.