Chuck

Noble Energy Inc. CEO Chuck Davidson said he was “really pleased” with the company’s growth in the Denver-Julesburg (DJ) Basin, and said Noble was moving forward with deepwater drilling in the Gulf of Mexico (GOM) after receiving the industry’s first permit to resume post-moratorium drilling there (see Daily GPI, March 1).

Noble Energy Inc. CEO Chuck Davidson said he was “really pleased” with the company’s growth in the Denver-Julesburg (DJ) Basin.

Chuck Eaton has begun a one-year term as chairman of the Georgia Public Service Commission. The chairmanship is rotated annually among the five commissioners. Eaton is in the second year of his first six-year term on the commission. He was elected in December 2006. Commissioner Doug Everett will serve as vice chairman. Commissioner Robert B. Baker Jr. will chair the energy committee.

In a letter to Unocal Corp. employees Wednesday concerning the competing acquisition offers from Chevron Corp. and China National Offshore Oil Co. (CNOOC), CEO Chuck Williamson said that “at this time, our board continues to recommend approval of the Chevron proposal.” However, he noted that Unocal’s management team “must evaluate the competing China National Offshore Oil Co. (CNOOC) proposal” so that the company’s shareholders “understand the comparative merits of the two offers.”

With the purchase of Patina Oil & Gas Corp. now complete, Noble Energy Inc. CEO Chuck Davidson said Thursday that the company’s North American acquisitions and development will be focused on “tactical portfolio additions.”

With the merger of Patina Oil & Gas Corp. now complete, Noble Energy Inc. CEO Chuck Davidson said Thursday that the company’s North American acquisitions and development will be focused on “tactical portfolio additions.”

Dynegy Inc.’s founder and former CEO Chuck Watson last week settled his severance claims with the company for $22 million, according to a filing with the Securities and Exchange Commission. Watson, who had been seeking $28.7 million, resigned in May 2002 following a disastrous merger attempt with Enron Corp. (see NGI, June 3, 2002).

Dynegy Inc.’s founder and former CEO Chuck Watson has received $22 million in exchange for terminating his severance claims, the company said Wednesday in a Securities and Exchange filing (SEC). Watson, who had been seeking $28.7 million, resigned in May 2002 following a disastrous merger attempt with Enron Corp. (see Daily GPI, May 29, 2002).

Over a one-month period last summer, Chuck Watson, the former chairman and CEO of Dynegy, apparently sold off a substantial amount of shares he was holding in the fallen energy merchant. According to a series of filings with the Securities and Exchange Commission (SEC), more than 5 million shares of Watson’s Dynegy stock were sold between June and July.