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Article: PETROLEUM FINANCE WEEK'S ROUND-UP OF 2003 START-UP COMPANIES
- Article from:
- Hart's Petroleum Finance Week
- Article date:
- January 12, 2004
CopyrightCopyright Phillips Business Information, LLC Jan 12, 2004. Provided by ProQuest LLC. (Hide copyright information)
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E&P Companies
* Bill Bethea and David McCubbin, formerly of W&T Offshore Inc., formed Explore Enterprises LLC to acquire and exploit properties in the Gulf of Mexico. The company is based in Baton Rouge, La.
* Bill White, former chief financial officer of Pure Resources Inc,. formed a new E&P company, Amado Energy LP, Midland, Texas. White will focus on producing properties in the Permian Basin.
* Separately, former Pure CEO Jack Hightower formed a new E&P company in Midland, Celero Energy.
* Private equity firm Quantum Energy Partners provided $15 million to industry veteran Mike Linn to form Linn Energy LLC to acquire, exploit and produce in the ...