Home / Tag Archives: Brian Sullivan

Tag Archives: Brian Sullivan

Sullivan resigns from Alpha

Brian Sullivan resigned from his position of CEO and vice president at Alpha Natural Resources last week, nearly a month after the coal company filed for Chapter 11 Bankruptcy. Sullivan has yet to comment on his departure, but the Pittsburgh Business Times reports a filing with the Securities and Exchange said he left the company to “pursue another employment opportunity.” ...

Read More »

The top 5 Bakken stories of the week

swing of success

Rig Count: 188 5. Shareholders approve acquisition between pair of Denver-based company’s Whiting Petroleum Corp. shareholders have approved the acquisition of Kodiak Oil & Gas Corp. in an all-stock deal, according to the Denver Business Journal. The deal is valued at $6 billion. A merger between the two companies was announced back on July 13 of this year. It is ...

Read More »

Oil price drop and its effect on the Bakken

pump jack

CNBC’s Brian Sullivan reported from Williston, North Dakota, this morning to discuss falling oil prices’ effect on the area’s production companies. In two short segments Sullivan explains that it is not the price of oil itself that is the concern, but how fast it has gone down. In an interview with CNBC, Tom Powers of Texas stated that for falling ...

Read More »