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Pickens to Pioneer Natural Gas Drilling Technology Print E-mail
by Tom McGregor    Thu, Apr 17, 2014, 10:08 PM

T. Boone Pickens, a billionaire wind energy tycoon, plans to develop new technology for drilling for natural gas.

According to the Houston Chronicle, "T. Boone Pickens is teaming up with a family-run Wyoming business hoping to become the largest maker of natural gas engines for drilling rigs."

Pickens seks to revolutionize the natural gas industry and believes that natural gas cars will be the new wave of the future.

As reported by the Houston Chronicle, "The Texas oil tycoon's energy hedge fund, BP Capital, is partnering with Casper-based Moser Energy Systems to create a new company — Mesa Natural Gas Solutions. Moser will continue making the engines and Pickens' fund will promote them. Pickens joined Moser executives in announcing the joint venture Wednesday at its new building in Evansville, the Casper Star-Tribune ( ) reported."

Pickens earned his billions as a former oil tycoon and believes that natural gas offers better opportunities in today's world.

To read the entire article from the Houston Chronicle, link here:

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