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Grenadier Energy III Announces Commitment From EnCap Investments To Target Acquisitions In The Lower 48

Grenadier Energy III Announces Commitment From EnCap Investments To Target Acquisitions In The Lower 48
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Democrats and Historians Raise Concerns About Texas Patriotic Education Bill

The Alamo in San Antonio, Texas. (Image by Wolfgang R. Zissler from Pixabay via Courthouse News) HOUSTON (CN) A GOP-backed bill aims to give Texans a deeper understanding of the state’s history, back to before the 1836 war with Mexico. But its veneration of the “core principles” of the state’s founding has some worried it is propaganda meant to gloss over racism entangled in those roots. “Texas. It’s Like a Whole Other Country” is one of the state’s mottos. And there’s some truth in it. From 1836 when the region’s inhabitants won their independence from Mexico to 1846, when it was annexed by the United States, it was known as the Republic of Texas.

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Exploring Texas' Long, Complicated Relationship With Gambling

Still, the state has a strong connection with gambling. It’s the birthplace of Texas Hold ‘Em. And there’s a long history of gambling and underground casino operations in Texas, along with high-profile gamblers. Like Benny Binion. He was a notorious gangster who ran rackets in the Dallas-Fort Worth area during the Depression era. Benny Binion, former Dallas gambler, leaves a Las Vegas federal courtroom after pleading with the judge during an extradition hearing not to send him back to Texas on Nov. 14, 1952. Binion faces income tax evasion charges in Texas. (AP Photo) “There were casinos operated by people like Benny Binion in downtown Dallas that were an open secret. They operated with the cooperation of law enforcement.”

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Laredo Petroleum Announces Transformative Transactions

Laredo Petroleum Announces Transformative Transactions Acquisition of High-Margin, Oil-Weighted Howard County Leasehold Divestiture of Gas-Weighted Reserves in Reagan/Glasscock Counties TULSA, OK, May 09, 2021 (GLOBE NEWSWIRE) Laredo Petroleum, Inc. (NYSE: LPI) (“Laredo” or the “Company”) today announced the signing of a purchase and sale agreement to acquire the assets of Sabalo Energy, LLC (“Sabalo”), a portfolio company of EnCap Investments L.P. (“EnCap”), and a non-operating partner for approximately $715 million, subject to customary closing price adjustments, comprised of $625 million in cash and approximately 2.5 million shares of Laredo common equity. Additionally, the Company announced the sale of 37.5% of its operated proved developed producing (“PDP”) reserves in its legacy leasehold in Reagan and Glasscock counties (“Legacy”) to an affiliate of Sixth Street Partners, LLC (“Sixth Street”) for proceeds of $405 million and additional potentia

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Laredo Petroleum acquiring Sabalo Energy, partner for $715 million

Laredo Petroleum acquiring Sabalo Energy, partner for $715 million
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Sabalo-energy
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White-case
Encap-investments
Sixth-street-partners
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Chief-executive
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