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Tuff-Stuff

06/14/10 8:11 AM

#323700 RE: Tuff-Stuff #323699

sa<8:08 AM KKR is reportedly planning to invest $400M in a JV with Hilcorp Energy to develop shale gas in Texas, and could make an announcement as soon as today. KKR would be joining a slew of P-E firms and foreign investors who have poured billions of dollars into North American shale in the last few months.