Legal DealFolio - Laredo and Broad Oak merger

Davis Polk is advising J.P. Morgan Securities LLC as financial adviser to Broad Oak Energy, Inc. in connection with its approximately $1 billion acquisition by Laredo Petroleum, LLC. Both Laredo and Broad Oak are privately held companies formed in partnership with their management teams by affiliates of Warburg Pincus LLC. The transaction, which is expected to close at the beginning of July, is subject to customary closing conditions. Headquartered in Tulsa, Oklahoma, Laredo is an energy company focused on the exploration, development and acquisition of oil and natural gas in the Mid-Continent and Permian regions of the United States. Dallas, Texas-based Broad Oak is an oil and gas exploration and production company with a particular focus on the Permian Basin of West Texas. The Davis Polk corporate team includes partner Nancy L. Sanborn and associate Rahael Seifu, both of the New York office.

Deal Date:	16-06-2011	Practice Area:	Corporate and M&A
Deal Title:	Laredo and Broad Oak merger	Industry:	Oil & Gas Producers
Description:	Davis Polk is advising J.P. Morgan Securities LLC as financial adviser to Broad Oak Energy, Inc. in connection with its approximately $1 billion acquisition by Laredo Petroleum, LLC. Both Laredo and Broad Oak are privately held companies formed in partnership with their management teams by affiliates of Warburg Pincus LLC. The transaction, which is expected to close at the beginning of July, is subject to customary closing conditions. Headquartered in Tulsa, Oklahoma, Laredo is an energy company focused on the exploration, development and acquisition of oil and natural gas in the Mid-Continent and Permian regions of the United States. Dallas, Texas-based Broad Oak is an oil and gas exploration and production company with a particular focus on the Permian Basin of West Texas. The Davis Polk corporate team includes partner Nancy L. Sanborn and associate Rahael Seifu, both of the New York office.
Financial Center:	New York	Value:	0.00-100.00
Advised Party:	Financial Advisors	Law Firm	Davis Polk
Merger Party Jurisdiction	United States	Merger Party Jurisdiction	United States
Classification:	Mergers	Lawyer	Nancy L Sanborn

Practice Areas -

Corporate and M&A Law Firms and Lawyers

Practice Areas - Corporate and M&A Law Firms and Lawyers