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Ucross, the renowned artist residency program, today announced that energy executive Chad Deaton has joined its Board of Trustees. Deaton is chairman of the Board of Directors at Transocean and a director of the University of Wyoming Foundation. He has also served as co-chair of the Wyoming Governor’s Task Force for the University of Wyoming’s new Engineering and Applied Sciences Center. Deaton joins current board members Jim Nelson, Ucross board chair and former energy executive; attorney Charlie Hart, Ucross board secretary; Deborah Koehler, executive director of the Raymond N. Plank Philanthropy Fund; Obie Award-winning playwright Branden Jacobs-Jenkins; attorney Kim Cannon; Steve Farris, former chairman and CEO of Apache Corporation; Lisa Hatchadoorian, executive director of the Museum of Art | Fort Collins, Colorado; Teri Rueb, Ucross alumna, artist, and professor of Critical Media Practices at the University of Colorado; Jesse Marion, CEO and president of Integrate ....
Share this article Share this article THE WOODLANDS, Texas, Jan. 29, 2021 /PRNewswire/ TETRA Technologies, Inc. ( TETRA or the Company ) (NYSE: TTI) announced today a series of transactions related to CSI Compressco including (i) the sale to Spartan Energy Partners ( Spartan ) of its General Partner ( GP ) interests, incentive distribution rights ( IDRs ) and 10.95 million of the 16.19 million common units TETRA owned in CSI Compressco LP ( CSI Compressco or CCLP ) for $13.95 million, plus a contingent payment that could increase the proceeds to $17.1 million if certain financial targets are met; (ii) the sale of 15 large compressor units for $14.2 million that are subject to a lease arrangement with CSI Compressco and (iii) the settlement of outstanding intercompany balances for which CCLP paid TETRA $2.5 million, resulting in combined proceeds of approximately $30.7 million, or $33.8 million if the contingent payment is earned. As a result of these transactions, ....
Spartan Energy Partners Acquiring CSI Compressco LP s General Partner From Tetra Technologies; Announces New Executive Officers And Changes In The Board Of Directors News provided by Share this article Share this article THE WOODLANDS, Texas, Jan. 29, 2021 /PRNewswire/ CSI Compressco LP ( CSI Compressco or the Partnership ) (NASDAQ: CCLP) announced today that Spartan Energy Partners LP ( Spartan ) is acquiring from TETRA Technologies, Inc. ( TETRA ), the Partnership s General Partner, incentive distribution rights ( IDRs ) and a majority of the common units in CSI Compressco previously owned by TETRA. CSI Compressco will continue to be listed on NASDAQ and does not expect any changes to its capital structure as a result of this transaction. CSI Compressco will not issue any common units nor incur any incremental indebtedness as a result of the transaction. ....