TEL Offshore Trust

TEL Offshore Trust

TEL Offshore Trust

Overview
Date Founded

1983

Headquarters

919 Congress Avenue, Suite 500, Austin, TX, 78701, USA

Type of Company

Private

Industries

Investment Services & Portfolio Management
Other Business & Consulting Services
Oil & Gas

Company Description

TEL Offshore Trust owns interest in the TEL Offshore Trust Partnership. It also owns royalty interest in oil and gas properties. The company was founded on January 1, 1983 and is headquartered in Austin, TX.

Executives & Employees

Vice President & Trust Officer

Board of Directors

Chairman, President & Chief Executive Officer at GrailQuest Corp.

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Recent Transactions
Details Hidden

Magnum Hunter Resources, Inc. purchases TEL Offshore Trust

Transaction Advisors
Accountant

Advised onMagnum Hunter Resources, Inc. purchases TEL Offshore Trust

Clients

Chevron is one of the world's leading integrated energy companies and conducts business worldwide. Our success is driven by our people and their commitment to get results the right way—by operating responsibly, executing with excellence, applying innovative technologies and capturing new opportunities for profitable growth. We are involved in virtually every facet of the energy industry. We explore for, produce and transport crude oil and natural gas; refine, market and distribute transportation fuels and lubricants; manufacture and sell petrochemical products; generate power and produce geothermal energy; provide energy efficiency solutions; and develop the energy resources of the future, including research for advanced biofuels.

Arena Energy GP LLC supplies oil and natural gas. The firm focuses on pursuing the lower-risk prospect opportunities that remain in the Gulf after 50 years of drilling by larger oil companies. The company was founded by Michael J. Minarovic, Todd L. Stone, and Bryan Nelson in 1999 and is headquartered in The Woodlands, TX.

Key Stats and Financials As of 2016
Market Capitalization
$4.75M
Total Enterprise Value
Earnings Per Share
Revenue
$2.69M
Suppliers
DeGolyer & MacNaughton Other Business & Consulting Services | Dallas, TX

DeGolyer & MacNaughton, a subsidiary of DEI Holdings, Inc., is an American company located in Dallas, TX, that provides hydrocarbon evaluation services and related oil and gas engineering services.

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