Clifford Chance
Clifford Chance advises on TXO Partners' US$201 million public offering of common units
May 19, 2025
- Om Pandya, Trevor Lavelle, Paul Lakkis, Johnathan Walker, Nick Mitchell, David Sweeney, Joclynn Marsh, Todd Lowther, Sharon Yu, Ty’Meka M. Reeves-Sobers, Hannah Ebersole
- Houston
Clifford Chance advises on TXO Partners' US$201 million public offering of common units
Global law firm Clifford Chance advised the underwriters on the public offering of 13,416,667 common units representing limited partner interests in TXO Partners, L.P. (TXO), a total deal value of approximately US$201 million, including the full exercise of underwriters’ option to purchase additional units. Proceeds from the offering will be used to purchase assets in the Williston Basin from White Rock Energy, LLC, a portfolio company of Quantum Capital Group.
Partners Om Pandya and Trevor Lavelle led the transaction, along with capital markets associates Paul Lakkis, Johnathan Walker and Nick Mitchell. Partner David Sweeney and counsel Joclynn Marsh advised on oil and gas matters, partner Todd Lowther and associate Sharon Yu advised on tax matters, and partner Ty'Meka Reeves-Sobers and associate Hannah Ebersole advised on environmental matters.
