Lidji Dorey Hooper represents Hunt Petroleum in Acquisition by XTO Energy

Dallas-based Hunt Petroleum Corp. called on Lidji Dorey Hooper as special counsel in the company’s $4.2 billion sale to Fort Worth-based XTO Energy Inc. The purchase price represented the largest purchase in XTO’s history, and included $2.6 billion in cash and 23.5 million shares of XTO common stock.

Fort Worth’s XTO Energy Inc. has completed its purchase of privately held Hunt Petroleum Corp. XTO, a domestic oil and gas producer with significant holdings in the Barnett Shale, acquired the storied oil company for $4.2 billion.

XTO chairman and chief executive Bob R. Simpson said Hunt Petroleum’s assets overlap XTO’s positions in its eastern region.

Hunt Petroleum was previously owned by the family trusts of Margaret Hunt Hill and Hassie Hunt, children of H.L. Hunt. The purchase is XTO’s largest ever, and included $2.6 billion in cash and 23.5 million shares of XTO common stock.

[Lidji Dorey & Hooper acted as special corporate counsel to Hunt Petroleum in this transaction.]