By Tyler Losier, Energy Reporter, Oil & Gas 360

Initial capital commitments of $500 million
TPG Sixth Street Partners, a global finance and investment business founded in 2009, announced a new partnership today with the Houston-based private oil and gas company Glendale Energy Ventures. The two companies plan to directly invest in the development and acquisition of upstream oil and gas assets around the country.

With an initial capital commitment of $500 million, the partnership will structure investments in non-operated interests and operated-by-others (OBO) acquisitions. So far, it has already invested $55 million in drilling pads located in Oklahoma’s STACK play.

Source: Glendale Energy

Currently, Glendale has operat...

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