Summit Midstream Partners, LP (NYSE:SMLP) signed a definitive agreement to acquire Bear Tracker Energy, LLC from GSO Capital Opportunities, L.P. managed by GSO Capital Partners LP and other shareholders for approximately $510 million on January 8, 2013. The transaction is subject to customary regulatory approvals, closing conditions and adjustments and is expected to close during the first quarter of 2013. Doug Bland, Paul Seifert, Chris Amandes, David Peck, Vanessa Griffith, David D'Alessandro, Michelle Boudreaux and Cathy Lewis of Vinson & Elkins LLP acted as legal advisor for Summit Midstream Partners.

Wells Fargo Securities acted as the financial advisor for Bear Tracker. Cliff W. Vrielink, Tim Chandler, Tom Leslie and Garner B. Meads III of Sidley Austin acted as legal advisor for GSO Capital. Beatty & Wozniak, P.C. acted as legal advisor for Bear Tracker Energy.