Founded 1983 | ||
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East Resources, Inc., was an oil and gas exploration and production company with a focus on unconventional shale oil and gas resources in the US. The company was founded in 1983 by Terrence Pegula. East Resources sold most of its assets to Royal Dutch Shell in 2010 for $4.7 billion and the rest to American Energy in 2014 for $1.75 billion as Pegula shifted his focus to sports and entertainment properties (Pegula used most of the money from the American Energy sale to purchase the Buffalo Bills). East Resources still maintains some natural gas assets.
References
East Resources Wikipedia(Text) CC BY-SA