Cureton Front Range’s Acquisition of Midstream Assets From Aka Energy Group

Kirkland and Ellis represented Cureton Midstream in the transaction.

Cureton Front Range, a midstream oil and gas company based in Denver, Colorado, and a portfolio company of Ares Management and Tailwater Capital, announced its acquisition of a portfolio of midstream assets located in the state of Colorado, including the Gilcrest Gas System, from Aka Energy Group, and in associated financing arrangements.

Cureton is a Denver-based, growth-oriented midstream company focused on providing creative and transparent commercial solutions to oil & gas producers in the DJ Basin. 

Aka Energy Group, LLC is a natural gas midstream company wholly owned by the Southern Ute Indian Tribe. Its primary business is to gather natural gas from producers, treat the gas to remove impurities, and process the gas to separate natural gas liquids (NGLs).

The Kirkland team was led by corporate partners Thomas Laughlin (Picture), Chad Smith and Tony Johnston and associates Will Eiland, Jonathan Strom and Zach Scott, debt finance partners Lucas Spivey and Arthur Lotz and associates Layton Bell, Purun Cheong and Jina Chung, tax partners David Wheat and Lane Morgan and associate Victoria Chang, and included environmental transactions partner Jonathan Kidwell, of counsel Jennifer Cornejo and associate Courtney Tibbetts, employee benefits partner Alexandra Mihalas and of counsel Patrick Ryan, investment funds partner Liz Dyer and derivatives partner Drue Santora.

Involved fees earner: Layton Bell – Kirkland & Ellis; Victoria Chang – Kirkland & Ellis; Purun Cheong – Kirkland & Ellis; Jina Chung – Kirkland & Ellis; Jennifer Cornejo – Kirkland & Ellis; Elizabeth Dyer – Kirkland & Ellis; William Eiland – Kirkland & Ellis; Tony Johnston – Kirkland & Ellis; Jonathan Kidwell – Kirkland & Ellis; Thomas Laughlin – Kirkland & Ellis; Arthur Lotz – Kirkland & Ellis; Alexandra Mihalas – Kirkland & Ellis; Lane Morgan – Kirkland & Ellis; Patrick Ryan – Kirkland & Ellis; Drue Santora – Kirkland & Ellis; Zach Scott – Kirkland & Ellis; Chad Smith – Kirkland & Ellis; Lucas Spivey – Kirkland & Ellis; Jonathan Strom – Kirkland & Ellis; Courtney Tibbetts – Kirkland & Ellis; David Wheat – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Cureton Midstream;