Memorial Resource Development Corp. Acquires Louisiana Oil and Gas Properties

September 21, 2015

HOouston – Paul Hastings LLP, a leading global law firm, announced today that it represented MRD Operating, LLC, a wholly owned subsidiary of Memorial Resource Development Corp. (NASDAQ: MRD), in its transaction with Rockcliff-QLS Joint Venture LLC to acquire certain producing and non-producing oil and natural gas properties in Louisiana for an aggregate purchase price of approximately $284 million, subject to customary purchase price adjustments.

The Paul Hastings team was led by Energy M&A partner Jimmy Vallee, and included Energy M&A associates Kim Hicksand Will Mabry, and Energy tax partner Greg Nelson.

Paul Hastings is a leading global law firm with a strong presence throughout Asia, Europe, Latin America and the United States. Through a collaborative approach, entrepreneurial spirit, and commitment to client service, the professionals of Paul Hastings deliver innovative solutions to many of the world’s top financial institutions and Fortune 500 companies.