This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Settlement plan for Lo-Vaca and Coastal assets recapitalization
The document outlines a settlement to resolve Lo-Vaca Gathering Company disputes with Coastal States and related parties. Key points include a non pro rata spin off of Producing into Class A and Class B stock, debt rearrangement, and Coastal assuming production payments and certain property transfers. The plan also provides working capital guarantees, dedication of explored Texas oil and gas properties to Lo-Vaca, transfer of designated oil and gas properties with a 15 percent override, and lignite and coal property arrangements with a right of first refusal for Coastal interests.
MENTIONED IN THIS ARTICLE
Lo-Vaca Gathering Company
Lo-Vaca
Coastal States Gas Producing
Texas
La-Vaca
Bi-Stone Fuel Company
Texas Utilities Company
Central Power and Light Company
City of Austin
City of Corpus Christi
Lower
Coastal States Gas Corporation
Coastal
Oscar S. Wyatt Jr
Wyatt
Coasui
Producing
Conatal
Fayette-Washington
Colorado River Authority
San Antonio City Public Service Board