Texas Oil Family to Benefit From Potential $8-Billion Mitsubishi Deal ...Middle East

OILPRICE - Economy
Texas Oil Family to Benefit From Potential $8-Billion Mitsubishi Deal
source : OILPRICE ( Middle East ) () 31
Father and son, Albert and Gordon Huddleston, part of the Texas oil dynasty of H.L. Hunt, are expected to become even richer if a rumored $8-billion deal with Mitsubishi Corp goes through. Albert and Gordon Huddleston are descendants of Haroldson Lafayette Hunt, who founded and grew the family oil business in the 1930s and 1940s with hundreds of producing wells in East Texas. Reports emerged earlier this week that Mitsubishi Corp. is about to acquire the shale and pipeline assets of Aethon Energy Management, founded by Albert Huddleston, who is…

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