Latham & Watkins Advises Pickering Energy Partners in Strategic Partnership to Acquire and Develop Permian Oil and Gas Assets

Pickering Energy Partners (PEP), a Houston-based energy financial services and investment firm, has announced a strategic partnership with a large institutional investor to acquire and develop Permian Basin oil and gas interests alongside premier operators (PEP Development). Over the next two years, PEP Development will focus on deploying at least US$300 million of equity capital alongside highly experienced public and private operating companies in the Permian Basin.

Latham & Watkins LLP advised PEP in the transaction with a corporate deal team led by Houston Investment Funds partner Ivana Rouse and Houston M&A partner James Garrett, with associates Lexi Santa Ana, Sarah Dunn, and Shreya Patel. New York partner Gregory Hannibal advised on tax matters.