Chesapeake Energy did more than change its name following this week’s official merger with Southwestern Energy of Houston. After being renamed “Expand Energy,” the still-Oklahoma City based company also announced some changes in its leadership. First of all, the company’s board of directors was increased to eleven directors consisting of the seven existing Board …
** Berkshire Hathaway will take full ownership of Berkshire Hathaway Energy, after Warren Buffett’s conglomerate agreed to acquire the 8% it did not already own from the family of late billionaire philanthropist Walter Scott. ** Three environmental groups sue Montana regulators for approving an expansion of the Bull Mountain Mine that they say threatens water supplies …
As a fan of airplanes, I couldn’t resist posting the picture of this B-52 bomber taking off from Tinker Air Force base. The glowing orange paint-job caught the attention of others too, including the War Zone. Click here for more about the photograph and who took it.
Ascent Resources Utica Holdings, LLC announced a nearly $600 million offering of senior notes. The Oklahoma City energy firm said the offering, together with its whollly-owned subsidiary, ARU Finance Corporation, is a cash tender offer of its outstanding 7% Senior Notes due 2026. The offering totaled $597 million in available notes. The Purchase Price …
