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Texas

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TexasTowelie

(127,890 posts)
Fri Nov 18, 2016, 04:30 AM Nov 2016

Millions riding on whether West Texas jurors believe T. Boone Pickens or not [View all]

T. Boone Pickens is 88-years-old. His hearing and vision are poor. He tires quickly. The oil and gas mogul admits he's made billions of dollars and lost billions of dollars.

But seated in a witness chair in a West Texas courtroom for two days last week, Pickens said several hundred million of those dollars he lost were actually stolen from him and he wants it back.

Pickens' company, Mesa Petroleum Partners, accuses another legendary oil and gas name, J. Cleo Thompson, and three Midland-based energy firms of conspiring together to cheat him out of ownership interests and profits involving more than 160 leases to drill for oil in the "Red Bull" area of Reeves and Pecos counties.

Under oath, Pickens told jurors that the project with Thompson was "the biggest deal I was ever in." He called his former business partners "crooks."

Read more: http://www.dallasnews.com/business/energy/2016/11/17/millions-riding-whether-west-texas-jurors-believe-t-boone-pickens

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