Latham & Watkins Advises Diamondback Energy in Completed Sale of Williston Basin Assets

Diamondback Energy, Inc. (NASDAQ: FANG) has announced that it has completed its previously announced divestiture of its oil and gas assets in the Williston Basin to Oasis Petroleum Inc.

Latham & Watkins Advises Diamondback Energy in the transaction with a corporate deal team led by Houston partners Stephen Szalkowski and Mike King, with associates Mike Sellner, Tom Hillebrand, Corey Allen, Morgan Moore, and Zek Zhang and assistance from Houston partner John Greer. Advice was also provided on tax matters by Houston partner Jim Cole, with associate Marianne Standley; on benefits and compensation matters by Washington, D.C. partner Adam Kestenbaum, with associate Kirk Porter; on finance matters by Houston partner Catherine Ozdogan, with associate Brian Flynn; and on antitrust matters by Washington, D.C. partner Jason Cruise and counsel Sydney Smith.