Bayswater Natural Resources Fund III
Description
Bayswater Resources and Bayswater Natural Resources Fund III and the York Tactical Energy Fund, through its structured development capital strategy, YTEF Drilling Capital LLC, announced that they have formed a strategic joint venture. Under the terms of the agreement, YTEF has committed to fund an undivided portion of up to 63 horizontal oil and gas wells located on six well pads for the development of Bayswater’s flagship Weld County, Colorado acreage position located in the volatile oil window of the DJ Basin.