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Bahr

Former WildHorse Execs Secure $1B to Launch New E&P

Former WildHorse Resource Development Corp. executives have landed more than $1 billion in private equity financing to form a new company that would acquire underdeveloped oil and natural gas assets across the Lower 48.

July 19, 2019

Industry Briefs

The California Public Utility Commission said it will host aroundtable on energy market and infrastructure issues Jan. 25 from9 a.m. to 5 p.m. at the Al Bahr Shrine Auditorium 5440 Kearny MesaRoad in San Diego. The commission currently is exploring issuesrelated to energy infrastructure, including rules for electric andgas competition and policies on distributed power. Discussions atthe roundtable will cover gas and power supply and demand,reliability and market structure. CPUC President Richard Bilas andCommissioners Josiah Neeper and Carl Wood are planning to attend.The CPUC plans to bring up issues such as the following: Are gasand electric supplies available to the San Diego area adequate tomeet consumers’ needs? What is the current level of gas and powersupply reliability? What new generation or energy conservationmeasures, or combination of both may be used in the future to meetsupply needs? Will electric prices decrease, stabilize or bepredictable now that the rate freeze has ended for San Diego Gas& Electric and the utility’s transition charges are paid off?What about the other utilities? Those interested may file writtencomments by Feb. 4. A written report on the roundtable will beissued.

January 19, 2000