Alta, Blackstone Form Alta Energy Partners

Planning to invest up to $1 billion in oil and gas assets across North America, Alta Resources and Blackstone Capital Partners have teamed up to form Alta Energy Partners. Formed in 1999, Alta Resources develops shale gas assets in Arkansas and Pennsylvania. The company has recently worked with Blackstone Capital, an affiliate of The Blackstone Group, to evaluate joint investments in unconventional oil & gas assets.

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