Small Texas Driller Opens Branch Office in Midtown NYC
Texas Coastal Energy Company (TCEC) is a small but growing exploration and production company. TCEC was founded in 2011 by Jeff Gordon, an experienced (and third generation) Texas oil man. The company has drilled perhaps a dozen wells so far (maybe more, it's hard to tell from their website). Why are they on our radar? TCEC is opening a new office in Manhattan, New York City. And why would they do that? Primarily because that's where the big money is and they want to get some of that big money--but also because they're considering drilling in the Marcellus Shale...
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