Skadden and Gibson Dunn lead on $58bn oil and gas merger

Skadden and Gibson Dunn lead on $58bn oil and gas merger

Skadden and Gibson Dunn have advised US listed companies Devon Energy and Coterra Energy on one of the biggest mergers in the oil and gas industry.

The $58bn deal combines the Oklahoma City-headquartered Devon with Houston’s Coterra under the Devon Energy brand, creating ‘a premier shale operator’, according to Devon CEO Clay Gaspar.

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