Green Mountain To Aid Bayside In Texas Well Venture

Law360, New York (January 6, 2012, 3:35 PM EST) -- Carlsbad, Calif.-based project developer Green Mountain Development Corp. will work with oil and gas company Bayside Corp. to help it develop a joint venture to acquire Texas drilling leases for an undisclosed sum, Green Mountain said Friday.

The project developer will help Dallas-based Bayside conduct due diligence, present information to investors, find capital sources for its projects, identify technology ventures and negotiate joint venture agreements with investors, it said.

The financial terms and other details of the agreement will be finalized in coming weeks, according to...
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