Vinson & Elkins Advises Baytex Energy on $2.305 Billion Sale of Baytex Energy USA

"Vinson & Elkins advised Baytex Energy Corp. in the sale of all equity interest in its US subsidiary, Baytex Energy USA, an upstream exploration and production company with assets in the Eagle Ford Shale of Texas, in a transaction valued at approximately $2.305 billion. Closing is expected in Q4 2025, subject to customary conditions."

Vinson & Elkins advised Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) in the transaction. The firm advised Baytex on the sale of all the equity interest in its subsidiary, Baytex Energy USA, Inc., an upstream exploration and production company with assets located within the Eagle Ford Shale of the State of Texas. The transaction has a total value of approximately $2.305 billion. Subject to customary closing conditions, the transaction is expected to close in the fourth quarter of 2025. Vinson & Elkins represented Baytex Energy Corp. with a team composed by: partners Bryan Loocke and Mike Telle; counsel Michael Zarcaro; associates Rivers Stephens and Michael Gassman; partner Jason McIntosh; counsel Allyson Seger; associate Patrick Darby; partner Joo Lee; associates Kenneth Strain and Anna Huthnance; partner Becky Baker; partners Kara Kuritz and Hill Welford; counsel Ryan Will; associate Adam Thomas; partner Caitlin Lawrence; associates Natalie Harrison and Mackenzie Brabham; partner Jennifer Cornejo; associate Alyssa Sieja; senior associate Layton Suchma; and associates Brad Oster, Mimi Nguyen, Kelly McGee, Ethan Twining, and Eric Quiroz.

Vinson & Elkins Advises Baytex Energy on $2.305 Billion Sale of Baytex Energy USA

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