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Applied LNG reaches financing deal with Texas Capital Bank
Applied LNG closed a $22.5 million deal with Texas Capital Bank to finance the construction of a liquefier to process liquefied natural gas (LNG) at their LNG plant in Midlothian, TX, the San Fernando Valley Business Journal stated on February 2.
The liquefier is the first of six the company plans to construct on the 31-acre facility just south of oil and natural gas-rich Dallas-Fort Worth. The liquefier, which is expected to be completed mid-year, will increase the company’s LNG production. It is also expected to provide the South, the Midwest, and the Eastern seaboards with their needed LNG supply.
Applied LNG Chief Executive Cem Hacioglu said in a statement that the company’s partnership with Texas Capital Bank is a testament to the company’s stability and its growth potential in the oil and natural gas sector.
The continuous investment in LNG exploration and drilling proves that the oil and natural gas boom in Texas is far from over. If you want to take part in this upward economic trend, sell your mineral rights today by consulting with our mineral rights broker at The Mineral Auction. Call us at (512) 698-2802 today.
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If you’ve been thinking of putting your mineral rights up for sale, or you’re interested in learning more about how much you could potentially get for your interests, then The Mineral Auction is ready to help you.
We’re located in Austin, TX, and because we have connections to thousands of oil and gas royalties and mineral rights buyers, we know that we can get you the best deal if you are looking to sell your mineral rights, whether you’re located in Texas or anywhere else in the U.S.
If you’ve been thinking of putting your mineral rights up for sale, or you’re interested in learning more about how much you could potentially get for your interests, then The Mineral Auction is ready to help you.
If you’ve been thinking of putting your mineral rights up for sale, or you’re interested in learning more about how much you could potentially get for your interests, then The Mineral Auction is ready to help you.
If you’ve been thinking of putting your mineral rights up for sale, or you’re interested in learning more about how much you could potentially get for your interests, then The Mineral Auction is ready to help you.
If you’ve been thinking of putting your mineral rights up for sale, or you’re interested in learning more about how much you could potentially get for your interests, then The Mineral Auction is ready to help you.
