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Simpson Thacher Represents Wells Fargo in Connection with an Aggregate $1.3 Billion of Revolving Credit Facilities for EnerVest Preferred Holdings XIII

06 Aug 2013

The Firm recently represented Wells Fargo in connection with an aggregate $1.3 billion of revolving credit facilities including the $715.0 million revolving credit facility for EnerVest Preferred Holdings XIII, L.P., the $10.0 million revolving credit facility for EnerVest Energy Institutional Fund XIII-WIC, L.P., and the $575.0 million revolving credit facility for EnerVest Institutional Fund XIII-A, L.P.  EnerVest is one of the 25 largest oil and gas companies in the United States, with more than 27,000 wells across 16 states, 5.4 million acres under lease and more than $6 billion in proved and probable reserves.

The Simpson Thacher team included Robert Rabalais, Richard Sitton, Peter Raish and Jonathan Kelley.

Matter Type
Banking & Finance - Bank Lending/Credit Facilities
Industry
Energy & Utilities
News Category
Banking & Finance
Energy, Utilities & Natural Resources