(Source: Shutterstock/ Yahoo/ LLOG Exploration Co.)
LLOG Exploration Co. announced on Feb. 23 the unexpected passing of Gerald A. Boelte, chariman and founder of LLOG.
The privately owned E&P issued the following statement in a press release: “It is with great sadness that we announce the unexpected passing of Gerald A. Boelte on February 22, 2024, in a single vehicle accident on his family property. The entire LLOG family mourns his loss as we extend our deepest sympathies to the Boelte family.”
Boelte remained actively involved in LLOG Exploration throughout his life, from founding the company in 1977 to bringing LLOG up to be a “world-class E&P operator,” according to the release.
“[Boelte] was a friend and mentor to us all and his passing is a tremendous loss for LLOG and the entire energy industry. Our love, thoughts and prayers are with his family and friends at this sad time,” said Philip LeJeune, LLOG’s president and CEO.
Recommended Reading
Upstream, Midstream Dividends Declared in the Week of July 8, 2024
2024-07-11 - Here is a selection of upstream and midstream dividends declared in the week of July 8.
Solaris Stock Jumps 40% On $200MM Acquisition of Distributed Power Provider
2024-07-11 - With the acquisition of distributed power provider Mobile Energy Rentals, oilfield services player Solaris sees opportunity to grow in industries outside of the oil patch—data centers, in particular.
Trio Chairman Robin Ross Named CEO Less Than a Month After Return
2024-07-15 - Robin Ross, who last month returned to Trio Petroleum as board chair, has been named CEO while predecessor Michael Peterson will remain as a consultant.
Liberty Energy Warns of ‘Softer’ E&P Activity to Finish 2024
2024-07-18 - Service company Liberty Energy Inc. upped its EBITDA 12% quarter over quarter but sees signs of slowing drilling activity and completions in the second half of the year.
Talos Ups Buybacks, Pays Down Debt Post $1.29B QuarterNorth Deal
2024-07-22 - Talos Energy said it repaid $325 million in debt since closing its $1.29 billion cash-and-stock acquisition of E&P QuarterNorth in March.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.