Bracewell Represents Blue Ridge Mountain Resources in Merger With Eclipse Resources

HOUSTON – Bracewell LLP is representing Blue Ridge Mountain Resources, Inc. (OTCPK: BRMR) in an all-stock merger. Blue Ridge will combine with Eclipse Resources Corporation (NYSE: ECR) pursuant to a definitive merger agreement announced on August 27, 2018.

The merger will create one of the largest Utica-focused operators. It is expected to close in the fourth quarter of 2018, subject to customary closing conditions. At closing, existing Eclipse shareholders will own approximately 57.5 percent of the combined company, and Blue Ridge shareholders will own approximately 42.5 percent.

Blue Ridge is an Irving, Texas-based independent exploration and production company engaged in the acquisition, development and production of natural gas and natural gas liquids. Blue Ridge is active in two of the most prolific unconventional shale resource plays in North America: the Marcellus and Utica Shales.

Eclipse Resources is also an independent exploration and production company engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin, including the Utica and Marcellus Shales.

Bracewell lawyers involved in the transaction include:

Partners: Charles H. Still Jr., Bruce R. Jocz, Elizabeth L. McGinley, Heather L. Brown and Daniel E. Hemli

Counsel: Jacqueline R. Java

Associates: Shannon M. Rice and John L. Stavinoha III