1 minute read | September.29.2025
Chord Energy Corporation (NASDAQ: CHRD) will acquire assets in the Williston Basin from XTO Energy Inc. and affiliates, subsidiaries of Exxon Mobil Corporation, for total cash consideration of $550 million, subject to customary purchase price adjustments. The assets include 48,000 net acres in the Williston core. The effective date for the transaction is September 1, 2025, and it is expected to close by year-end.
Orrick advised Chord Energy.
Orrick’s Joe Roger and Adam Kowis led the team that advised Chord Energy. The team also included Michelle Pichardo and Arden Dion.