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In September 2016, the company acquired Yates Petroleum for 26 million shares of common stock valued at $2.3 billion and $37 million in cash. The acquisition increased the company's holdings by 176,000 net acres in the Delaware Basin, 200,000 net acres in the Powder River Basin, and 138,000 net acres on the Northwest Shelf in New Mexico. [21] [22]
In 1976, the company was founded as Lomak Petroleum, based in Hartville, Ohio. The company drilled wells in eastern Ohio. In 1992, the company moved its headquarters to Fort Worth, Texas. In 1997, the company acquired American Cometra for $385 million, which owned properties in the Permian Basin. [2]
In 2008, XTO Energy began supporting Navarro College's petroleum technology certificate program. [28] Since 2009, XTO Energy has partnered with Habitat for Humanity to build homes in Fort Worth. [29] In 2010, XTO Energy and ExxonMobil gave a $5 million grant to Colorado State University to fund studies on the impact of oil and gas drilling on ...
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Finley Resources is a privately owned and operated energy company headquartered in Fort Worth, Texas, USA. [1] [2] The company operates about 2,500 oil and gas properties in nine states including Texas, Oklahoma, Utah, Wyoming, Louisiana, Mississippi, Alabama, Pennsylvania, and New Mexico.
Energy Transfer owns controlling interests in Sunoco LP.It also owns 100% of Sunoco Logistics Partners Operations L.P., 46% non-economic general partner interest in USA Compression Partners L.P., and 100% of Lake Charles LNG which consists of an LNG import terminal and regasification facility near Lake Charles, Louisiana.
Texas Rangers President Neil Leibman, left, and Owner Ray Davis, right, gift a World Series hat and shirt to Fort Worth Mayor Mattie Parker on her birthday for the World Series celebration event ...