I'm not sure if the coal one is related.
I have something going from another direction on Triton though. If anyone has any more on Triton being DIRECTLY connected to Dubya, let me know. I can do indirect.
Tom Hicks is a big cheese in Clear Channel Communications -- helped build it up to its 1200 radio station size. Also, he was part of the group that bought the Texas Rangers from Dubya, at something like a 12 or 14 million profit for GWB. Also, he got a plum appointment while Dubya was governor -- to UTIMCO, where Hicks got to invest billions of dollars in state money, behind closed doors, with Bush and Hicks cronies.
Triton Energy Ltd., based in Dallas, an int'l independent oil and gas exploration company, 38% held by Hicks Muse for a time, with long-time George W. Bush crony Tom Hicks as chair of the board (around October 1998 to around August 2001). The sale of Triton looks to have been around half or 3/4 of a billion profit (just guessing, hard to tell). Now held by Amerada Hess. Holdings in Equatorial Guinea, Colombia, Gulf of Thailand.
COMPANY PROFILEhttp://www.qsigroup.com/clients/triton/company_profile/With a record of major hydrocarbon discoveries, Dallas-based Triton Energy stands as one of the oil and gas industry's most successful independent international exploration and production companies.
Triton currently is producing oil in Equatorial Guinea and Colombia. The Ceiba Field offshore Equatorial Guinea, which Triton discovered in October 1999, began production in November 2000. The Cusiana and Cupiagua fields in Colombia began commercial production in 1994. Together these fields provide steady cash flow to fund Triton's operations and continued exploration.
Triton also has discovered several natural gas fields on Block A-18 in the Gulf of Thailand. First-phase gas delivery is scheduled from one of these fields no earlier than the fourth quarter of 2002.
In addition to our major projects, Triton is searching for oil and gas in southern Europe, Africa and the Middle East, continuing a 40-year tradition of exploring for - and finding - major oil and gas fields around the world.
~~~~~~~~~~~~~
Amerada Hess completes Triton buy for $3.2 billionDallas Business Journal
August 20, 2001
note date -- 3 weeks before 9-11, may be nothing, may be somethinghttp://dallas.bizjournals.com/dallas/stories/2001/08/20/daily1.html?t=printableAmerada Hess Corp. (NYSE: AHC) said Monday it completed its acquisition of Dallas-based Triton Energy Ltd. (NYSE: OIL) for about $3.2 billion, including the assumption of about $500 million in Triton debt.
New York-based Amerada Hess said it expects third-quarter production will rise to about 445,000 barrels of oil equivalent per day from its original forecast of 418,000 barrels per day. It said fourth-quarter production should rise to about 520,000 barrels per day from the previously estimated level of 468,000 barrels per day.
Production in 2002 is estimated at 535,000 barrels of oil equivalent per day and to rise to more than 600,000 barrels per day by 2003. At least eight high-potential wells will be drilled on properties acquired from Triton during the next 12 months, Amerada Hess said.
The company also said it has sold 85 percent of Triton's estimated fourth-quarter 2001 oil production at $26.65 per barrel and has sold forward 60 percent of Triton's estimated 2002 production for $25.05 per barrel.
Amerada Hess said it expects most of Triton's exploration staff and certain Triton senior executives will remain with Amerada Hess and that Triton's operations will continue to be based in Dallas. Company Web sites: <
http://www.hess.com> and <
http://www.tritonenergy.com>. ~~~~~~~~~~~~~~~
Triton Spikes on $2.7 Billion Acquisition by HessJuly 10, 2001
CACHED GOOGLE note - this shuts down my ISP every time I access it
http://64.233.161.104/search?q=cache:_Htb5gZ4_2oJ:www.smartmoney.com/bn/index.cfm%3Fstory%3D20010710082535+%22triton+energy%22&hl=en&ie=UTF-8SHARES OF Triton Energy (OIL </eqsnaps/index.cfm?story=snapshot&symbol=OIL>) surged almost 50% on Tuesday after Amerada Hess (AHC </eqsnaps/index.cfm?story=snapshot&symbol=AHC>) agreed to acquire the Dallas-based company for about $2.7 billion in cash, plus the assumption of debt.
Amerada Hess is offering $45 a share for Triton, a 52% premium over the $29.70 closing price Monday on the New York Stock Exchange. The deal, which is expected to close in the third quarter, includes the assumption of about $500 million in Triton debt.
Hicks Muse Tate & Furst is expected to sell its approximately 38% stake in Triton to Hess, the companies said. Both companies' boards approved the transaction, and Triton's board plans to recommend that its shareholders give the go-ahead.
NOTE .38 x $2.7B = over $1B~~~~~~~~~~~~~~~
25-06-01 Triton Energy reports that it has made a third significant oil discovery on Block G offshore Equatorial Guinea.
...Triton has an 85% working interest in
...Triton's partner in the blocks, Energy Africa of South Africa, has the remaining 15% working interest. The government of Equatorial Guinea has a 5% carried participating interest in Ceiba Field production and will have a 5% carried participating interest in production from any additional commercial fields.
Triton Energy is a Dallas-based international oil and gas exploration and production company with major oil and gas assets in West Africa, Latin America and Southeast Asia.
Alexander's Gas & Oil Connections
http://www.gasandoil.com/goc/discover/dix13130.htm
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