Zavanna, GSO on deal spree after forming partnership

摘要

In April, Zavanna LLC announced it had formed a partnership with GSO Capital Partners LP, a division of New York's Blackstone (NYSE: BX), in June 2013. Since the partnership, River Bend Oil & Gas has been formed, its team has closed more than 30 separate acquisitions in the Williston Basin for more than $100 milhon. Substantial additional capital has been committed to fund drilling.