Gulf Coast Western, LLC is an American petroleum developer and joint venture manager founded in 1970. The company engages in oil and gas drilling in several Gulf Coast states including Texas, Louisiana, and Mississippi, as well as Colorado and Oklahoma. According to the company website, Gulf Coast Western is currently focused on horizontal drilling, or hydraulic fracturing (fracking), which allows for the extraction of oil from otherwise unproductive oil reserves. In 2016, Gulf Coast Western increased their presence in Louisiana by establishing a partnership with Northcote Energy Ltd. and acquiring 13 working wells and at 140 drilling sites, along with seismic data for property in Southwestern Louisiana.
The company is headquartered in Dallas, Texas. Gulf Coast Western, LLC was given an A+ rating by the Better Business Bureau of Dallas, Texas. The company is headed by CEO Matthew H. Fleeger. Prior to his appointment at Gulf Coast Western, LLC, Fleeger founded MedSolutions, Inc., a medical cost management organization, as Vice President of the Kinlaw Oil Company in Texas, and other petroleum industry appointments. According to the Gulf Coast Western, LLC website, over 70% of their more than 1,000 partners have participated in more than one venture with the company. Partner testimonials reflected a theme of responsibility and transparency by the company in parter interactions. In the spirit of giving back, Gulf Coast Western has made charitable donations to various nonprofits, charities, and health and wellness organizations including the American Cancer Society, the North Texas Food Bank, and St. Jude Children’s Research Hospital, among others.
Finding success as an entrepreneur demands an enterprising spirit and unfaltering grit. Matthew Fleeger, a stalwart in the oil and gas industry, possess both. Following in his father’s footsteps, Fleeger became a business mogul during his early adulthood. The road to success proved taxing at best, but it was no match for Fleeger’s unbridled ambition. Straight out of college, Fleeger vowed to gain ample experience in his desired trade. As an attempt to diversify himself, Fleeger pursued various job opportunities throughout Texas. For a brief period, Fleeger assumed a role at his father’s company, Gulf Coast Western.
Though cementing a job at the family-owned business would’ve been a cinch, Fleeger wanted to put his entrepreneurial inclinations to the test. Fleeger did just that in 1993 when he founded MedSolutions, his waste management company. Responsible for the treatment and transportation of waste, MedSolutions played a vital role in the disposing of refuse produced by healthcare facilities. Fleeger fostered the growth of his company, and MedSolutions was touted as the “regional leader in healthcare waste management.” While his 15 years with MedSolutions was time well spent, Fleeger flexed his negotiation muscles and eventually sold the company to Stericycle for $59 million.
After bidding a fond farewell to his first enterprise, Fleeger flirted with the idea of returning to Gulf Coast Western. After much consideration, Fleeger decided that the home is where the heart is and returned to the family business. Exalted by his return, Fleeger’s father promoted Matthew to CEO of the company, a position Fleeger still holds. With Fleeger at the helm, Gulf Coast Western will undoubtedly thrive. Being the dynamic man he is, Fleeger ventured into a different industry that held much promise, tanning. As the co-creator of two prominent tanning companies, Mystic Tan and Palm Beach Tan, Fleeger’s intuitions were right on the money.
Michael Turpin’s comes from a long line of well-known icons in the sports industry within Brazil. He was initiated into the world of sports by his father at an early age. Rally car racing would inevitably become his passion. Being extremely competitive, Michel would inspire his older brother, Rodrigo Terpins, to join the same sport; eventually partnering together in Bull Sertoes Rally Team. His motorsport career has spanned almost two decades and continues to grow as the brothers participate in some of the most challenging circuits Brazil has to offer.
Michel Terpins began his professional motorsport career in the motorcycle category, starting in 2002 at the age of 23. From the motorcycle category, Rodrigo would eventually continue on to rally car racing. Being a member of the Bull Sertoes Rally Team, a team he co-founded with his brother Rodriguez, he has participated in numerous rallies including the exclusive Sertoes Rally. You can visit broadcast.com
The Sertoes Rally held in 2017 was a particularly memorable event for the Terpin brothers. The second prototype in the T1 prototype category was formed on board the T-Rex, a car developed by MEM motorsport for the second consecutive year. After going through a few modifications, it provided a competitive edge for the Team. The 25th edition of the SertoesRally was divided into different stages, finishing any one of the stages is considered a fantastic achievement. Michel Terpin and Maykel were the leaders in the T1 category, rating the best in the Best 5 and 4th in the entire rally for 2017. During the fourth day of the race, the T-Rex developed some mechanical problems including a damaged rear suspension. Michel was still able to finish the stage in the fourth position.
Michel Terpins and his brother Rodrigo Terpins continue to race together with the Bull Sertoes Rally Team and are looking forward to the 2018 Sertoes Rally. Presently, Michel and his brother Rodrigo are working on other entrepreneurial ventures, putting the issue of sustainable development at the forefront of their home country Brazil
Click here: https://1000variedade.com.br/2017/11/02/entenda-mais-sobre-a-trajetoria-de-rodrigo-terpins-como-piloto-de-rally/
The acquisition of the Fortress Investment Group by SoftBank marked yet another transition for the group from a publicly traded company to a private company. The deal has been in the works for the last two years, but the various legal and financial requirements needed to be ironed out in order to ensure a smooth transition. SoftBank the Tokyo based investment bank has been on a diversification spree and as such required a well-structured company that would help them fulfill this dream. The Fortress Investment Group were ideally placed to take on this role and as they offered a 39 percent premium on the share price opting to buy them out for 3.3 billion dollars.
This deal worked well for both of them SoftBank now had a launch pad for its entry into the American market while the Fortress Investment Group had renewed financial muscle that would enable them to become even more aggressive in their investment. The portfolio held by Fortress is quite impressive by all measures. They own Brightline, a private railroad operator that recently opened the Miami – Palm beach private passenger train. This route is one of those considered too short to fly yet too long to drive. This unique characteristic of such routes is what Brightline is seeking to tap into. The acquisition of Brightline falls under the group’s Transport and Infrastructure portfolio.
There unique investing strategy was also felt when in 2009 after the subprime mortgage crisis, they opted to buy AIG at a time when it was almost collapsing. The deal would cost The Fortress Investment Group 125 Million dollars, but today the company has not only recouped its investment, but what was formerly AIG has metamorphosed into SpringLeaf Financial Limited a company with more than 14 billion dollars assets under management.
As part of the deal, SoftBank had to make some concessions. They agreed that the running of Fortress would be left to the existing board which means that the founding members retain their positions. This will also be subject to the fact that they will also continue injecting profits back into the group while ensuring it continues to enjoy the growth it had previously. Fortress is now no longer listed on the New York Stock Exchange, where it traded as FIG. This means that the board together with its management will have a free hand to make certain investment decisions without the need to go back and convince shareholders of the same.