Vulcan Energy Corporation · Houston, TX United States

Hoping to live long and prosper in the vast oil and gas industry universe, Vulcan Energy (formerly Plains Resources) is an independent midstream energy holding company whose primary asset is its 50.01% controlling stake in the general partner of Plains All American Pipeline. In 2002 Plains Resources spun off exploration and production subsidiary Plains Exploration & Production. In 2004 Microsoft cofounder Paul Allen formed Vulcan Energy, which, in collaboration with Plains Resources' then chairman James Flores and then president John Raymond, took Plains Resources private in a $460 million buyout. To read the full description, subscribe now.