Shareholders approved the merger and it was completed on Dec. 19.
Houston-based C&J wants the Delaware Supreme Court to overrule a finding that executives didn’t properly shop around for bids.
Complementary acreage positions create an upstream industry leader in East Texas.
The deal is the second announced by Buffett’s company this month in the energy industry.
The transaction makes Whiting the biggest Bakken/Three Forks producer.
The merger was approved by Richfield's stockholders at a Nov. 24 special meeting.
Chairman and CEO Richard Kinder says the companies' merger 'benefits our shareholders and unitholders.'
The closing of each merger is expected to occur on Nov. 26.
The merger is expected to make Breitburn the largest oil-weighted upstream oil and gas MLP.
Breitburn said it expects the transaction to close in the coming days.
A revised agreement boosts the per-unit value to holders of Access Midstream Partners LP by about $1.02, the companies said in a joint statement Oct. 26.
Combined, the company would own enough miles of pipeline to crisscross the U.S. about 25 times.
|E&P||USD 13000||Members only||Talisman Energy Inc.|
|E&P||USD 1950||Members only||Linn Energy LLC|
|E&P||USD 350||Members only||Linn Energy LLC|
|E&P||USD 0||Members only||ExxonMobil Corp.|