2024 02 14: Typical: A grand jury agreed there was not enough evidence for the case to move forward.
Exxon exec busted on sex assault charges after woman called cops by Denette Wilford, Oct 10, 2023, Toronto Sun
A married businessman faces sexual assault charges after one of two women in his hotel room — neither believed to be his wife — called Texas police.
David Scott, 49, who oversees all Exxon’s shale oil and gas production business, was suspended by his employer after he was arrested at La Quinta Inn & Suites in Magnolia, Texas.
The senior vice president was busted by police on Oct. 5 at the hotel near his company’s Houston headquarters.
One of the women left Scott’s room and called police from the lobby, according to a hotel employee who saw security footage, CNN reported.
Scott has since been temporarily pulled from his job pending the criminal investigation, the outlet reported.
“All ExxonMobil employees, officers and directors are accountable for observing the highest standards of integrity and code of conduct in support of the company’s business and otherwise,” a spokesperson for the company said.
Typical evasive frac shit. Observing does not mean doing.
“We are aware of the allegations and cannot comment on a personal matter; however, we can say that this individual will not continue work responsibilities as the investigation proceeds.”
Scott is senior vice president of ExxonMobil’s Upstream and Unconventional parts and president of XTO Energy, according to his LinkedIn.
Exxon is currently in merger talks to acquire rival Pioneer Natural Resources in a deal that could value the shale producer at about $60 billion, the Wall Street Journal reported.
Scott was released on a $30,000 bond No wonder so many men rape. Punishments are cheap, if any.following his second-degree felony assault charge, the Montgomery County Sheriff’s Office said.
If convicted, that could carry a sentence of two to 20 years in prison and a fine up to $10,000.
Exxon buys shale rival for $60 BILLION in stock just days after its married head of shale oil, David Scott, was arrested at Texas hotel on sexual assault charges when one of two women in room called cops by Claudia Aoraha, Oct 11, 2023, Dailymail.Com
ExxonMobil has bought a rival for $60billion in stock, just days after its married head of shale oil was arrested at a hotel in Texas on sexual assault charges.
The oil and gas corporation has acquired Pioneer Natural Rescources in an all-stock transaction valued at $59.5 billion, or the equivalent of $253 per share.
The announcement comes just days after David Scott, 49, the head of Exxon’s shale oil business, was reported to police by one of two women he was with at La Quinta Inn & Suites hotel in Magnolia, Texas.
As a senior vice president of its shale operations, he would not necessarily be involved in merger talks, a person familiar with the matter said.
Under the terms of the merger agreement, Pioneer shareholders will receive 2.3234 shares of ExxonMobil for each Pioneer share at closing.
A press release said: ‘The implied total enterprise value of the transaction, including net debt, is approximately $64.5 billion.’
Pioneer, who has more than 850,000 net acres in the Midland Basin to extract natural gas, will combine their assets with ExxonMobil’s 570,000 net acres in Delaware and the Midland Basin – bringing the number of equivalent barrels of oil they will have to 16 billion.
ExxonMobil Chairman and CEO Darren Woods said: ‘Pioneer is a clear leader in the Permian with a unique asset base and people with deep industry knowledge.
‘The combined capabilities of our two companies will provide long-term value creation well in excess of what either company is capable of doing on a standalone basis.
‘Their tier-one acreage is highly contiguous, allowing for greater opportunities to deploy our technologies, delivering operating and capital efficiency as well as significantly increasing production.
‘As importantly, as we look to combine our companies, we bring together environmental best-practices that will lower our environmental footprint and plan to accelerate Pioneer’s net-zero planNet zero is just another con for the oil and gas patch to keep polluting as pollution caused climate chaos brutalizes life on earthfrom 2050 to 2035.’
Pioneer, who has more than 850,000 net acres in the Midland Basin to extract natural gas, will combine their assets with ExxonMobil’s 570,000 net acres in Delaware and the Midland Basin – bringing the number of equivalent barrels of oil they will have to 16 billion (stock image)
Under the terms of the merger agreement, Pioneer shareholders will receive 2.3234 shares of ExxonMobil for each Pioneer share at closing
Under the terms of the merger agreement, Pioneer shareholders will receive 2.3234 shares of ExxonMobil for each Pioneer share at closing
Pioneer Chief Executive Officer Scott Sheffield added: ‘The combination of ExxonMobil and Pioneer creates a diversified energy company with the largest footprint of high-return wells in the Permian Basin.
‘As part of a global enterprise, Pioneer, our shareholders and our employees will be better positioned for long-term success through a size and scale that spans the globe and offers diversity through product and exposure to the full energy value chain.
‘The consolidated company will maintain its leadership position, driving further efficiencies through the combination of our adjacent, contiguous acreage in the Midland Basin and our highly talented employee base, with the improved ability to deliver durable returns, creating tangible value for shareholders for decades to come.’
David Scott, the married senior vice president, was picked up by cops at the $109-a-night hotel, near his company’s headquarters in Spring, on Thursday morning.
Scott has been at ExxonMobil for 26 years and is currently in the middle of a billion dollar merger deal with a rival company
Scott was arrested at the $109-a-night La Quinta Inn and Suites by Wyndham around 30 minutes from his company’s headquarter in Spring, Texas
The arrest came after one of the women left the room and called police from the lobby, a hotel worker who saw a security video told Reuters.
Now ExxonMobil has revealed to DailyMail.com he has been suspended pending the criminal probe.
A company spokeswoman said: ‘All ExxonMobil employees, officers and directors are accountable for observing the highest standards of integrity and code of conduct in support of the Company’s business and otherwise.
‘We are aware of the allegations and cannot comment on a personal matter; however, we can say that this individual will not continue work responsibilities as the investigation proceeds. ‘
Scott’s LinkedIn profile shows he has been with Exxon for more than 26 years and has been involved in some of its most important oil and gas projects around the world.
Head of Exxon’s shale oil business faces sexual assault charge in Texas by Gary Mcwilliams, October 9, 2023, Reuters
HOUSTON, Oct 8 (Reuters) – The head of Exxon Mobil’s (XOM.N) shale oil and gas business, a unit involved in merger talks with rival Pioneer Natural Resources (PXD.N), was arrested at a Texas hotel last week on a sexual assault charge, police said.
David Scott, an Exxon senior vice president who oversees all its shale oil and gas production business, was arrested early Thursday morning at a La Quinta Inn & Suites hotel in Magnolia, Texas, the Montgomery Sheriff’s Office said.
Efforts to reach Scott were unsuccessful. It was not immediately clear if he had legal representation.
“We are aware of the allegations and cannot comment on a personal matter; however, we can say that this individual will not continue work responsibilities as the investigation proceeds,” said spokesperson Emily Mir said.
“All ExxonMobil employees, officers and directors are accountable for observing the highest standards of integrity and code of conduct in support of the company’s business and otherwise,” she added.
Scott, 49, was arrested in his room at the budget hotel near Exxon’s Spring, Texas, headquarters. One of the two women he was in the room with left and called police from the lobby, a worker who saw a security video told Reuters. Rooms at the hotel cost about $120 a night.
Reuters and others on Thursday reported that Exxon was in advanced talks to acquire Pioneer in a deal that could value the shale producer at about $60 billion. An agreement could be disclosed in coming days, Reuters said, citing three people familiar with the matter.
Scott’s LinkedIn profile shows he has been with Exxon for more than 26 year and has been involved in some of its most important oil and gas projects. Originally from Australia, he started with Exxon in Melbourne as an engineer, moving to jobs in Malaysia and Abu Dhabi, where he was president of its United Arab Emirates affiliate.
He became head of Exxon’s Permian Basin operations in 2020 and was promoted to senior vice president earlier this year in charge of all its shale oil and gas.
As a senior vice president, he would not necessarily be involved in merger talks, a person familiar with the matter said.
Scott faces a second-degree felony assault charge and was held on a $30,000 bond, according to jail records. Convictions on such felonies in Texas carry a minimum of two years and up to 20 years in jail.He’s a frac boss. Courts are super friendly to frac’ers (and rapists). I bet the courts will give him a special deal to stay free so Exxon can keep raping (in my view, frac’ers gang rape the earth).
Exxon Shale Boss Arrested On Sexual Assault Allegations by Charles Kennedy, Oct 09, 2023, Oil Price
A senior vice president of Exxon and the head of the company’s shale operations, David Scott, has been arrested on allegations of sexual harassment.
“We are aware of the allegations and cannot comment on a personal matter; however, we can say that this individual will not continue work responsibilities as the investigation proceeds,” Exxon spokeswoman Emily Mir, as quoted by Reuters.
The Financial Times, meanwhile, reported that Scott, who has been with Exxon for close to 30 years, faced charges of second-degree felony assault.
“All ExxonMobil employees, officers and directors are accountable for observing the highest standards of integrity and code of conduct in support of the company’s business and otherwise,” Exxon said in a statement, quoted by the FT, which also noted that “this individual will not continue work responsibilities”.
The news breaks days after reports said Exxon was in takeover talks with shale major Pioneer Natural Resources. This would be the biggest deal for Exxon since the merger with Mobil back in the 1990s and would make the supermajor the dominant producer in the Permian.
Pioneer, according to the reports, has a market cap of about $50 billion. Exxon, for its part, has a market cap of $436 billion and a lot of cash to spend on industry consolidation after the record-breaking 2022. The takeover of Pioneer, if it goes through, would add some 700,000 barrels of oil equivalent daily to Exxon’s shale total in the Permian—the operations that Scott was in charge of, among others.
Consolidation has become the preferred method of growth for the large players in the U.S. shale patch. The last two years saw a string of large deals, including Occidental’s acquisition of Anadarko for some $38 billion. Pioneer also grew through acquisitions, buying Parsley Energy for over $7 billion in 2020 and DoublePoint Energy for over 6 billion in 2021.
ExxonMobil senior executive arrested, accused of sexual assault at hotel near Houston by Zaeem Shaikh, The Dallas Morning News
An ExxonMobil senior executive was arrested Thursday in connection with an alleged sexual assault at a hotel near Houston.
According to the Montgomery County Sheriff’s Office, deputies responded to a La Quinta Inn in the 6900 block of FM 1488 in Magnolia. The sheriff’s office said in a news release that deputies spoke to a woman who said she was sexually assaulted by a man in one of the hotel rooms.
The office said in the release that detectives arrived on scene and interviewed David Scott, 49. He was arrested on a sexual assault charge and sent to the Montgomery County Jail.
The sheriff’s office said his bail was set at $30,000. Scott did not appear in jail records as of Tuesday evening, and it’s not clear if he has an attorney.
No additional details were immediately released by the sheriff’s office. An Exxon spokesperson told CNN in an emailed statement that the company is aware of the allegations and cannot comment on a personal matter.
However, the spokesperson added that “this individual will not continue work responsibilities as the investigation proceeds.”
The company’s headquarters in Spring is about 17 miles away from the hotel where Scott was arrested.
According to his LinkedIn page, Scott is the senior vice president of ExxonMobil Upstream, involving the company’s shale business as well as tight gas and other unconventional oil resources.
***
“Shale companies cannot survive on their own long term.”
“Pure-play shale explorers will be acquired by larger companies…amid intensifying financial pressures and demand for drilling targets.”
Scott Sheffield, Pioneer CEO
Refer also to:
I wonder if American courts treat raping frac’ers as severely as they do thieving frac’ers. (Canadian courts let rapists off easy, helping them keep raping).