East Resources, Inc. (extinct)

East Resources, Inc. (extinct)

East Resources, Inc. (extinct)

Overview
Date Founded

1983

Headquarters

301 Brush Creek Road,Warrendale, PA 15086-6599

Type of Company

Private

Industries

Oil & Gas

Company Description

East Resources, Inc. is an independent exploration and development company with more than 1.25 million acres of land holdings. East Resources owns and operates more than 2,500 producing oil and gas wells in New York, Pennsylvania, West Virginia, and Colorado and is actively exploring drilling programs in Wyoming.The company is an independent oil and gas distributer in the Appalachian and Rocky Mountain regions of the United States. East is one of the most active oil and gas explorers in the Appalachian region and is making significant investments in the responsible development of natural gas from the Marcellus Shale. The company holds approximately 900,000 gross acres of Marcellus Shale rights in Pennsylvania, West Virginia and New York, and it employs more than 355 office and field personnel with approximately 60 employees in Tioga County.

In The News
The Miami Herald
October 11, 2014
The 25 wealthiest South Floridians
Pittsburgh Business Times
September 9, 2014
East Resources founder poised to buy Buffalo Bills
Business First of Buffalo
August 6, 2014
Pegula company wraps $1.75B property sale
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East Resources, Inc.
Recent Transactions
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Royal Dutch Shell Plc purchases East Resources, Inc. from Kohlberg Kravis Roberts & Co. LP

Transaction Advisors
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Investment Advisor

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Legal Advisor

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Co Head of Energy Americas & Managing Director

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Legal Advisor

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Associate

Advised onRoyal Dutch Shell Plc purchases East Resources, Inc. from Kohlberg Kravis Roberts & Co. LP

Investors
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KKR makes equity investments with the objective of long-term appreciation, either through controlling ownership of a company or through strategic minority positions. The firm invests in the following sectors: (1) chemicals (2) consumer products (3) energy (4) education (5) financial services (6) healthcare (7) hotels/leisure (8) industrial (9) media/communications (10) retail and (11) technology.KKR invests and partners with industry-leading franchises and companies poised for significant improvement or growth that attract high-quality management teams. The firm not only works as partners with the management of portfolio companies, but also assists in the operations of businesses and leverages all of the resources of global platform.

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