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Elliott Invests $500M in Fund Aimed at Buying WV Driller HG Energy

HG Energy drills for natural gas and oil in the Marcellus/Utica. The company, headquartered in Parkersburg, WV, is backed with private equity money managed by Quantum Capital Group (formerly Quantum Energy Partners). One of the companies co-investing in HG is Elliott Management, a so-called activist investor. The Wall Street Journal reports Elliott has just ponied

News Highlights : Top Energy News of the Day - Tuesday at 4 PM ET -March 12, 2024 at 04:16 pm EDT

Oil settles lower after rise in U.S. CPI and OPEC s unchanged demand forecast U.S. and global benchmark crude futures ended lower on Tuesday following a hotter-than-expected reading on U.S..

Elliott Bets $500 Million on Gas Producer Backed by Quantum

Elliott Bets $500 Million on Gas Producer Backed by Quantum
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