LONDON (Nov. 6, 2006) — LAWFUEL – Law News, Law Jobs Network – Vinson & Elkins advised Endeavour International Corporation, the North Sea-focused energy company, on its successful acquisition of Talisman Expro Limited, a subsidiary of Talisman Energy Inc.. The deal completed on 1 November for a purchase price in excess of $400 million. As a result of the transaction, Endeavour bought interests in eight oil and gas fields in the Central North Sea section of the UK Continental Shelf.
The V&E team in London was led by partner Alex Msimang and assisted by Claire Roberts and Anna Chard.
“This transaction is a perfect example of the ongoing surge in energy M&A activity and, in particular, it proves there is significant life left in the North Sea as a target area for our clients and therefore for us,” said Mr. Msimang.
Talisman was advised by a team from CMS Cameron Mckenna, including partners Stephen Miller and Andrew Sheach.
Vinson & Elkins was established in 1917 and is one of the world’s largest international law firms. The firm has about 700 lawyers practicing in Austin, Beijing, Dallas, Dubai, Hong Kong, Houston, London, Moscow, New York, Shanghai, Tokyo, and Washington D.C.