Energy Services of America
From Wikimarcellus
| Revision as of 21:05, 13 July 2009 Tcopley (Talk | contribs) (Energy Services Acquisition Corporation) ← Previous diff |
Current revision Tcopley (Talk | contribs) |
||
| Line 8: | Line 8: | ||
| Energy Services of America is considered to be a ''Special-purpose acquisition company'' (SPAC), that is, a form of pooled investment vehicle often used for leveraged buyouts. | Energy Services of America is considered to be a ''Special-purpose acquisition company'' (SPAC), that is, a form of pooled investment vehicle often used for leveraged buyouts. | ||
| - | Energy Services had previously acquired [[GasSearch Drilling Services Corporation]] in January, 2008 for $23.5 million is stock and cash. | + | Energy Services acquired [[GasSearch Drilling Services Corporation]] in January, 2008 for $23.5 million is stock and cash. |
| Through its S T Pipeline acquisition, ESA built the [[Big Sandy Pipeline]] in Kentucky for [[Equitable Resources|EQT Corporation]]. The 70 mile line was officially opened in April, 2009. | Through its S T Pipeline acquisition, ESA built the [[Big Sandy Pipeline]] in Kentucky for [[Equitable Resources|EQT Corporation]]. The 70 mile line was officially opened in April, 2009. | ||
Current revision
Here is where some info about the Energy Services of America should go. This article is still a stub and needs your attention. It does not have a template and contains minimal information. Please dive in and help it grow!
Huntington, West Virginia-based Energy Services of America (AMEX: ESA) (aka Energy Services Acquisition Corporation) was formed in 2006 for the purpose of merging S. T. Pipelines and C. J. Hughes. The merger closed in 2008. It is an energy infrastructure and pipeline construction company active in Kentucky and West Virginia.
Energy Services of America is considered to be a Special-purpose acquisition company (SPAC), that is, a form of pooled investment vehicle often used for leveraged buyouts.
Energy Services acquired GasSearch Drilling Services Corporation in January, 2008 for $23.5 million is stock and cash.
Through its S T Pipeline acquisition, ESA built the Big Sandy Pipeline in Kentucky for EQT Corporation. The 70 mile line was officially opened in April, 2009.
- Marshall T. Reynolds is ESA's Chairman and CEO.
- Edsel Burns is President of Energy Services.
