The Midland County Commissioners Court voted 3-2 to terminate the contract between the county and Horseshoe Hospitality. It was a controversial decision that President of Horseshoe Hospitality Joe Kelley says is a breach of their contract.
Double Eagle has garnered almost $2 billion in equity commitments for its Double Eagle IV partnership which could bring upwards to 25,000 net acres under its ownership in the Permian Basin by year-end, CFO Joshua A. Gregg told attendees at Hart Energy’s annual Executive Oil Conference.