Citi, Jefferies: Advisory on Vital Energy’s Shale Asset Acquisition from Point Energy Partners for $1.1bn

Citi, alongside Houlihan Lokey, has advised Vital Energy, Inc. on its strategic acquisition of shale assets from Point Energy Partners for $1.1 billion, a deal set to significantly bolster Vital Energy’s presence in the Delaware Basin.

In partnership with Northern Oil and Gas, Inc., Vital Energy will acquire 80% of the assets, with NOG taking the remaining 20%.

The transaction, structured as an