A blank-check fi rm backed by former US House of Representatives Speaker Paul Ryan is linking up with a private oil and natural gas company co-founded by the son of former Energy Secretary Rick Perry,with the aim to form a public company valued at $1.3 billion.Ryan's Executive Network Partnering Corp.is set to merge with Dallas-based Grey Rock Investment Partners,which was co-founded by Perry's son Griffi n.The younger Perry also serves as a managing director at the fi rm.Grey Rock says it has more than $525 million of committed capital under management and interests in more than 2,500 wells in multiple shale plays,including the Permian Basin,the Bakken and the Haynesville.
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