News Releases

Baker Botts Represents The Carlyle Group in $2.6 Billion Joint Venture with Hilcorp Energy Co.

News Release
Deal Description: On July 28, 2017, The Carlyle Group entered into a joint venture with Hilcorp Energy Co. to acquire upstream oil and gas assets in the San Juan Basin of northwestern New Mexico and southwestern Colorado from ConocoPhillips in a transaction valued at approximately $2.6 billion. 

The acquisition closed on August 1, 2017.

Baker Botts Lawyers/Office Involved

Corporate: Jeremy Moore (Partner, Houston); Ian Jelsma (Associate, Houston); Bill Pritchett (Associate, Houston);
Finance: Andrew Thomison (Partner, Houston); Malory Weir (Associate, Houston);
Tax: Ron Scharnberg (Partner, Houston); Leah Patrick (Associate, Houston); Katie McEvilly (Associate, Houston);
Global Projects: Jeremy Kennedy (Partner, Houston); John Craven (Associate, Houston).


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About Baker Botts L.L.P.
Baker Botts is an international law firm of approximately 725 lawyers practicing throughout a network of 14 offices around the globe. Based on our experience and knowledge of our clients’ industries, we are recognized as a leading firm in the energy and technology sectors. Throughout our 178-year history, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit

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