August 18, 2025
Willkie recently advised funds managed by Yorktown Partners LLC and their portfolio companies Peak Exploration & Production, LLC and Peak BLM Lease LLC (collectively, “Peak”) on the sale of Peak to Epsilon Energy Ltd. (NASDAQ: EPSN) in an all-stock transaction.
On August 13, Epsilon announced that it entered into definitive agreements to acquire Peak, majority owned by funds managed by Yorktown, for 6 million Epsilon common shares at $6.21 per share, and the assumption of an estimated $49 million of debt. The transaction is expected to close in Q4 2025, subject to satisfaction of customary closing conditions, including Epsilon shareholder approval.
Peak is an exploration and production company based in Colorado that acquires, explores and develops oil-weighted assets across the western United States, including the Powder River Basin.
Yorktown Partners is an energy-focused private equity firm that targets consistent returns across multiple subsectors of energy.
The Willkie team was led by partners Jesse Betts, Jessica Hammons and Nathan Meredith with associates Joe Laurel and Katherine Lubrano.
