KKR and Venado Oil & Gas Announce Eagle Ford Partnershipby
KKR & Co. LP and closely held Venado Oil & Gas LLC announced a partnership to buy producing oil and natural gas assets in the Eagle Ford Shale region of South Texas. Terms weren’t disclosed.
Acquisitions will be funded by KKR’s Energy Income and Growth Fund I, Kristi Huller, a KKR spokeswoman, said by e-mail Thursday. The arrangement was announced earlier in a joint statement by the New York-based investment firm and the Austin, Texas-based energy company.