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In 2012, the company moved its headquarters to a building formerly occupied by Hewlett Packard in northwest Houston, Texas and signed a lease for 497,000 square feet of office space. [ 16 ] In September 2012, the company sold assets in the Mid-Continent oil province for $594 million.
In 1992, the company moved its headquarters to Houston, Texas and signed a lease for 220,000 square feet of office space. [11] In 1993, the company acquired Hadson Energy Resources in a $58 million transaction, expanding its assets to offshore Western Australia. [12]
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In the residential section, 150 acres (61 ha) were dedicated to tenements, flats and single-family homes with rents from $0.50 to $0.75 per month ($16 to $24 in 2023 adjusted for inflation). [30] The residences featured modern conveniences such as gas, running water, indoor sewage plumbing and regular garbage removal.
Unfortunately the developers had signed a 20-year contract to sell 25,000 barrels per day at $0.25 per barrel to Shell Oil. When the price climbed above $0.35 per barrel, the operation was stressed and Mellon who had lent money for Spindle Top's development took control of the company, won a lawsuit allowing Mellon to renege on the contract ...
Calpine Corporation is the largest generator of electricity from natural gas and geothermal resources in the United States, [3] with operations in competitive power markets.. A Fortune 500 company based in Houston, Texas, [1] the company is owned by an affiliate of Energy Capital Partners and a consortium of other investors, including Access Industries Inc. and the Canada Pension Plan ...
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