An unknown buyer entered into a definitive agreement to acquire Appalachian Basin Assets Harvest Oil & Gas Corp. (OTCPK:HRST) for $20.5 million on July 7, 2020. The consideration consists of $14.5 million of cash and a $6 million note and is subject to customary purchase price adjustments. The holders of a majority of the common stock of the Harvest Oil & Gas Corp. have approved the transaction. The transaction is expected to close in August 2020 and has an effective date of July 1, 2020. Rahul D. Vashi, R.J. Malenfant, Alia Y. Heintz, Paul Rogers Knowlton, Alex Rose, Brandon Conrad Elliott, Angela Hagerman, Brian Guerinot, Mark Dundon, Joe Tobias, Matt Pacey, Caleb Lowery, Tony Flor and Drue A. Santora of Kirkland & Ellis acted as legal advisors and Intrepid Partners, LLC acted as strategic advisor for Harvest Oil & Gas Corp.