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Founded in 1989, Hilcorp is an American privately-held energy exploration and production company. [2] [1] The company is headquartered in Texas, [3] with operations in nine different states. [4] It has 3200 employees world-wide, and 1500 in Alaska. [1] The company was co-founded by Jeffery Hildebrand in 1989. [1]
Hildebrand worked for the American Energy Capital Corporation, the Dan A. Hughes Company, and Exxon Company, until he founded Hilcorp Energy Company, an oil and gas exploration and production company. [1] [5] He co-founded Hilcorp in 1990 and later bought out his partner for $500 million in 2003. [6] His company has been ranked on Fortune ...
Proceeds of the proposed offering will be used to fund the partial redemption of HEI's 2024 and 2025 unsecured notes, and to repay borrowings outstanding under the company's revolving credit facility.
Just two weeks ago, private equity powerhouse Kohlberg Kravis Roberts & Co got a hefty return on East Resources, a natural gas exploration and development operator. The company sold out to Royal ...
The major owner of the company is Hilcorp with 46.93% of the shares dating from the acquisition of BP.The other group members are ConocoPhillips Transportation (shares formerly owned by ARCO and acquired by Phillips during its acquisition of ARCO Alaska as part of the settlement between BP and the FTC [4]) (28.29%), ExxonMobil (20.34%), Koch Alaska Pipeline Company (3.08%), and Unocal (1.36%).
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The Center for Biological Diversity further alleges that Hilcorp Energy is in violation of four federal laws. In addition to the Clean Water Act, the Center maintains that Hilcorp is violating the Clean Air Act, the Endangered Species Act and the Pipeline Safety Act in a letter to the company announcing the Centers planned litigation against ...
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