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  1. Riverstone completes purchase of Talen Energy Corp.

    Talen Energy Corp., a competitive energy and power generation company that owns or controls 16,000 MW of capacity in eight states, today reported the completion of its merger with an affiliate of Riverstone Holdings LLC, which was initially announced on June 3, 2016. Talen Energy common stock ceased trading on the New York Stock Exchange before the commencement of trading on December 6, 2016 and will be delisted from the NYSE. Under the terms of the merger agreement, which was adopted by Talen Energy Corp. stockholders at a special meeting on October 6, 2016, Talen Energy Corp. stockholders will receive $14 in cash for each share of common stock they owned immediately prior to the effective time of the merger. Ralph Alexander is president and CEO of Talen Energy, effective immediately. When asked about his appointment, Alexander said, "I look forward to leading our team of experienced professionals and continuing our legacy of efficiently generating safe, reliable energy for our customers." Stockholders of record and stockholders who hold shares through a bank or broker generally will not need to take any action for their shares to be converted into cash because the conversion will be handled automatically by Talen Energy Corp.'s transfer agent or their bank or broker, respectively. In certain limited instances, Talen Energy Corp.'s transfer agent or the requisite bank or broker, as applicable, will notify stockholders if additional information is required before they may receive the merger consideration. Citibank served as financial advisor to Talen Energy in the transaction, and Kirkland & Ellis LLP served as Talen Energy's legal advisor. Goldman, Sachs & Co. and RBC Capital Markets served as financial advisors to Riverstone. Wachtell, Lipton, Rosen & Katz and Vinson & Elkins LLP served as Riverstone's legal advisors for the transaction. Talen Energy is one of the largest competitive energy and power generation companies in North America. The company owns or controls 16,000 MW of generating capacity in well-developed, structured wholesale power markets, principally in the Northeast, Mid-Atlantic and Southwest regions of the United States.

    Online Articles

    Online Articles

    Tue, 6 Dec 2016

  2. Memorial Production Partners enters forbearance agreement with noteholders, receives extension of waiver under credit facility

    Memorial Production Partners LP has entered into a forbearance agreement with certain 2021 and 2022 noteholders and has reached an agreement with credit facility lenders to extend the waiver that was previously granted in connection with MEMP's election not to make the interest payment on the 2021 ...

    Online Articles

    Online Articles

    Thu, 1 Dec 2016

  3. CCI pays $1B for certain East Texas assets from Anadarko Petroleum

    Castleton Commodities International LLC (CCI) has acquired the Carthage upstream and midstream assets in East Texas from subsidiaries of Anadarko Petroleum Corp. for over $1 billion.

    Online Articles

    Online Articles

    Fri, 18 Nov 2016

  4. Talara Oil & Gas LLC changes name, appoints GMP Securities as financial advisor

    Houston, TX-based Talara Oil and Gas LLC has changed its name to PetroTal LLC, and appointed GMP Securities as its financial advisor .

    Online Articles

    Online Articles

    Mon, 16 May 2016

  1. Chiron Financial retained by Equity Security Holders Committee of Energy XXI

    Online Articles

    Online Articles

    Thu, 4 Aug 2016

  2. Basic Energy Services initiates prepackaged Chapter 11 Proceedings

    Basic Energy Services Inc. and certain subsidiaries have filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code to pursue a prepackaged plan of reorganization.

    Online Articles

    Online Articles

    Tue, 25 Oct 2016

  3. Energy Transfer Partners closes acquisition of certain interests in PennTex Midstream Partners

    Energy Transfer Partners LP has closed on its previously announced agreement to acquire certain interests in PennTex Midstream Partners LP from various parties.

    Online Articles

    Online Articles

    Thu, 3 Nov 2016

  4. Earthstone Energy, Bold Energy III combine to focus on Midland Basin

    Earthstone Energy Inc. and Bold Energy III LLC have entered into a definitive contribution agreement under which Earthstone will acquire all of the outstanding membership interests of Bold, inclusive of producing assets and undeveloped acreage.  

    Online Articles

    Online Articles

    Tue, 8 Nov 2016

  5. Penn Virginia engages Jefferies as exclusive financial advisor

    Penn Virginia Corp. has engaged Jefferies LLC to provide financial advice generally and to act as its exclusive financial advisor in connection with asset-level financing transactions with investors related to the company's Eagle Ford assets.

    Online Articles

    Online Articles

    Tue, 4 Aug 2015

  6. Perella Weinberg Partners, Tudor, Pickering, Holt & Co. to combine

    Perella Weinberg Partners and Tudor, Pickering, Holt & Co. have entered into a definitive transaction agreement under which the two companies will combine.

    Online Articles

    Online Articles

    Mon, 14 Nov 2016

  7. Duff & Phelps welcomes Bell as senior advisor

    Graeme Bell has joined Duff & Phelps as a senior advisor to the firm’s Corporate Finance Advisory practice, with a focus on the oil and gas industry.

    Online Articles

    Online Articles

    Wed, 2 Nov 2016

  8. AMSE engages Stifel as financial advisor

    American Sands Energy Corp., an oil sands exploration and development company operating in Utah, has engaged Stifel, Nicolaus & Co. Inc. as its exclusive investment banker and financial advisor .

    Online Articles

    Online Articles

    Wed, 11 Feb 2015

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