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- Houston-Based Plains Exploration & Production to Buy 3TEC Energy Corp.
- By Michael Davis, Houston Chronicle Knight Ridder/Tribune Business News Feb. 4--Plains Exploration & Production Co. will buy oil and gas explorer 3TEC Energy Corp. for $333 million, expanding Plains Exploration into East Texas and the Gulf Coast, the companies said Monday....
- Research articles 2003-02-04
Additional Resources
- Plains Exploration and Production to buy 3Tec Energy Corp. for 2.82 times revenue
- The Deal: Plains Exploration and Production Company has signed a definitive agreement to acquire 3Tec Energy Corporation for about $332 million. Under the terms of the agreement, Plains will pay $8.50 in cash plus 0.85 shares of Plains stock for each share of 3Tec. Based on recent closing prices, the...
- Research articles 2003-02-10
- ETCETERA--START-UPS, PEOPLE, COMMENTS & MORE
- 3Tec Energy Corp. ex-president and chief financial officer R.A. Walker has joined UBS' Houston-based energy investment-banking group as a managing director. Stephen M. Trauber remains as vice chairman and global head of energy investment-banking. 3Tec was sold last year to Plains Exploration & Production Co. (NYSE: PXP)....
- Research articles 2004-07-12
- ETCETERA
- Debt Ratings, Analyst Comments & More Floyd Wilson, founder of 3Tec Energy Corp., has formed a new E&P company, PetroHawk Energy LLC, Houston. 3Tec was bought recently by Plains Exploration & Production Co., Houston (NYSE: PXP). Wilson can be reached at 713-651-0283. Trying to reach the...
- Research articles 2003-07-07
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