EOG Resources, Carlyle sign $400M oil and gas partnership

• EOG Resources (EOG -0.4%) will get a $400M cash infusion from Carlyle Group (CG +0.3%) to develop oil and gas assets in Oklahoma over the next four years.
• CG says its working interests in the Ellis County, Okla., assets will largely revert to EOG after the drilling program clears some “performance hurdles.”
• CG will make the investment through its energy mezzanine funds, which hold ~$4B in assets.