Capital: Venado Oil & Gas announces KKR as new sponsor

[Context: Venado Oil & Gas previously backed with $150m by EnCap and Riverstone, has signed a partnership with KKR focused on the Eagle Ford.]
KKR and Venado Form Partnership to Pursue Oil and Gas Investments in Eagle Ford Shale
HOUSTON & AUSTIN, Texas–September 29 / 2016–(BUSINESS WIRE)– KKR and Venado Oil and Gas, LLC (“Venado”) today announced a partnership to consolidate proven assets in the Eagle Ford Shale of South Texas. The partnership is principally funded by KKR’s Energy Income and Growth Fund I (“EIGF”).
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