Blackstone/Jetta $1 billion joint venture

25/8/2016

Joint venture

Value:

$ 1 billion

Status:

Completed

Date:

25/8/2016

Overview:

Private equity firm Blackstone and energy company Jetta have formed a $1 billion joint venture.
The name of the joint venture is Jetta Permian, and will focus on acquiring assets in the oil-producing Delaware Basin.
Kirkland & Ellis (Adam Larson, Andrew Calder) advised Blackstone.
Norton Rose Fulbright (Edward Rhyne) advised Jetta.

Kurt Stumpo - Journalist - North America and the Caribbean

Jurisdiction:

United States

Deal type:

Joint venture

Practice areas:

Private equity
M&A

Governing law:

United States

Industry sector:

Oil and gas

Firms:

Kirkland & Ellis

Party: Blackstone (Joint venture partner)

Norton Rose Fulbright

Party: Jetta (Joint venture partner)

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