Americans for Energy
Oil, Gas, Wind & T. Boone Pickens
Mr. Boone Pickens is the founder and Chairman of BP Capital, is a stockholder in XTO Energy and Interoil as well as owner of Mesa Power LP.
July 22, 2008 - .KVII
WASHINGTON (AP) -- Texas oilman T. Boone Pickens asked Congress on Tuesday to "clear the path" for his plan to boost use of wind and natural gas for U.S. energy needs. . . . .
Pickens also called for a 10-year extension of a tax credit for energy producers. He estimated it would cost taxpayers $15 billion a year in production tax credits for 200,000 megawatts of wind power.
"When you look at $700 billion dollars going out of country every year for purchase of oil, $15 billion is somewhat insignificant," he said. . . . .
Pickens estimated it would cost about $500 billion to increase wind energy production from the 4,000 megawatts to be generated at his Texas wind farm to 200,000 megawatts, the amount needed to power 20 percent of U.S. energy needs. Transmission lines and the tax credit would add another $15 billion.
June 19, 2008 Industry Week
XTO Energy to Buy Hunt Petroleum for $4.2 Billion
By . Agence France-Presse
June 11, 2008 -- XTO Energy Inc. on June 19 said it would buy privately held Hunt Petroleum Corp. as well as other entities for a total purchase price of $4.186 billion.
The Fort Worth, Texas-based company said the deal would add 197 million cubic feet (5.58 million cubic meters) of natural gas, 8,500 barrels of oil and 2,300 barrels of natural gas liquids to its production base.
May 28, 2008 - bizjournals.com
XTO Energy acquires Bakken Shale leases for $1.85 billion
XTO Energy Inc., a Fort Worth domestic natural gas producer, said Wednesday that it will acquire producing properties and undeveloped acreage from Dallas-based Headington Oil Co. for $1.85 billion.
The deal, which includes $1.06 billion in cash and 11.7 million shares of XTO(NYSE: XTO) stock, is for 352,000 acres of Bakken Shale leasehold in Montana and North Dakota. Upon closing, the acquisition will add about 10,000 barrels of oil equivalent per day to the company's production base.
August 10, 2007 - seekingalpha.com
Interoil: Shares Skyrocket as Boone Pickens Invests
by: FP Trading Desk posted on: August 10, 2007 | about stocks: IOC
An investment from billionaire oil and gas tycoon T. Boone Pickens, sent shares of Interoil Corp. (IOC) up more than 20% on Thursday.
A SEC filing showed Mr. Pickens has acquired 9.9% of Interoil's outstanding shares.
His private investment firm BP Capital Management LP holds a 3.2% stake, as does its general partner TBP Invesments Management LLC.
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