Bayswater and York Capital to form a joint venture.

Bayswater, a Denver based oil and natural gas development company, and a private investment fund led by investment professionals at York Capital agreed to form a joint venture. Financial terms were not disclosed. "The Joint Development Agreement with YTEF allows us to efficiently maximize our capital deployment and continue to aggressively develop our core Wattenberg holdings. The deal provides a synergistic alignment of interests and we are excited about the partnership and look forward to working with the YTEF team," Steve Struna, Bayswater President and CEO.