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Mesa Limited Partnership

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BUSINESS
June 13, 1991 | From Times Staff and Wire Reports
Mesa Limited Partnership, led by investor T. Boone Pickens, finished a $1-billion debt restructuring by obtaining $616 million in private financing from institutional investors. Mesa will use the funds to retire its short-term bank debt. The partnership also announced it had obtained $150 million in new credit from banks. Coupled with the partnership's $200 million in cash, Mesa is now ready to start some exploration and development that has been on hold for about a year, Pickens said.
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BUSINESS
August 6, 1991 | From Times Staff and Wire Reports
Mesa Plans to Incorporate: Mesa Ltd. Partnership announced plans to convert to a corporation, allowing institutional investors to replace individuals who left last year when dividends ended with the natural gas price slump. In a filing with the Securities and Exchange Commission, Mesa proposed issuing new common stock to replace existing common and preference ownership units. At the same time, Mesa plans a one-for-five reverse stock split, reducing the number of outstanding shares by 80%.
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BUSINESS
June 13, 1991 | From Times Staff and Wire Reports
Mesa Limited Partnership, led by investor T. Boone Pickens, finished a $1-billion debt restructuring by obtaining $616 million in private financing from institutional investors. Mesa will use the funds to retire its short-term bank debt. The partnership also announced it had obtained $150 million in new credit from banks. Coupled with the partnership's $200 million in cash, Mesa is now ready to start some exploration and development that has been on hold for about a year, Pickens said.
BUSINESS
July 19, 1988 | CHRIS KRAUL, San Diego County Business Editor and
He was Marshall Ney to T. Boone Pickens' Napoleon, the "financial genius" who set strategy for Mesa Limited Partnership's raids on oil giants including Gulf Oil, Phillips Petroleum, Cities Service, Diamond Shamrock and Unocal. David Batchelder, now ensconced in La Jolla and in the process of raising $50 million to $100 million for his own "boutique" investment banking firm called Batchelder & Partners, makes it clear he's ready to lead his own corporate raids.
BUSINESS
March 26, 1988
David Batchelder, who has helped oilman T. Boone Pickens Jr. make his corporate raids for the past decade, plans to leave the firm to start a consulting business that may compete with Pickens. Batchelder, 38, said he will leave Mesa Limited Partnership at the end of May to move to San Diego. "It was really more of a case of leaving Amarillo than leaving Boone," said Batchelder. "Ten years in Amarillo is enough," Batchelder said.
BUSINESS
August 6, 1991 | From Times Staff and Wire Reports
Mesa Plans to Incorporate: Mesa Ltd. Partnership announced plans to convert to a corporation, allowing institutional investors to replace individuals who left last year when dividends ended with the natural gas price slump. In a filing with the Securities and Exchange Commission, Mesa proposed issuing new common stock to replace existing common and preference ownership units. At the same time, Mesa plans a one-for-five reverse stock split, reducing the number of outstanding shares by 80%.
BUSINESS
February 21, 1986
Under the offer from Mesa Limited Partnership, Pioneer would receive about 58.1 million "Pioneer-A" preference units and 33.2 million "Pioneer-B" units of Mesa Limited Partnership in exchange for all of its assets and businesses, including the assumption of all liabilities other than those arising as a result of the deal. Pioneer then would distribute the units to its shareholders pursuant to the liquidation plan previously adopted by the board.
BUSINESS
July 19, 1988 | CHRIS KRAUL, San Diego County Business Editor and
He was Marshall Ney to T. Boone Pickens' Napoleon, the "financial genius" who set strategy for Mesa Limited Partnership's raids on oil giants including Gulf Oil, Phillips Petroleum, Cities Service, Diamond Shamrock and Unocal. David Batchelder, now ensconced in La Jolla and in the process of raising $50 million to $100 million for his own "boutique" investment banking firm called Batchelder & Partners, makes it clear he's ready to lead his own corporate raids.
BUSINESS
March 26, 1988
David Batchelder, who has helped oilman T. Boone Pickens Jr. make his corporate raids for the past decade, plans to leave the firm to start a consulting business that may compete with Pickens. Batchelder, 38, said he will leave Mesa Limited Partnership at the end of May to move to San Diego. "It was really more of a case of leaving Amarillo than leaving Boone," said Batchelder. "Ten years in Amarillo is enough," Batchelder said.
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