Riata Energy's Acquisition of Neg Boosts Company's Status
The Journal Record › September 11, 2006
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Summary
The speed at which Tom Ward has moved since becoming the dominating factor of Riata Energy impressed local industry and business leaders before, and it hit an even higher level when the company told of its plans to acquire Dallas-based NEG Oil & Gas for $1.5 billion.
Ward, the former president and co-founder of Chesapeake Energy, bought into Riata Energy for $500 million, became its president and chief executive officer, and moved the company from Amarillo to The Tower at 1601 Northwest Expressway.See the full content of this document
Extract
Riata Energy's Acquisition of Neg Boosts Company's Status
In less than four months, Ward and Riata have garnered attention.
"First, it's big financing with the majority...See the full content of this document
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