Business Relationships
- Aera Energy LLC owns and operates the oil and natural gas producing assets.
- Aera Energy Services Company provides the work force for Aera Energy LLC.
- Mobil California Exploration & Producing Asset Company (now an Exxon Mobil affiliate) contributed its assets to Aera as part of a merger with CalResources LLC effective June 1, 1997.
- ARCO traded California oil and natural gas production assets to Mobil which contributed those assets to Aera Energy LLC.
- Shell is the majority (52 percent) owner of Aera.
- ExxonMobil is the minority (48 percent) owner of Aera.
- Toll Brothers is a home builder for Aera's Vista del Verde real estate development in Yorba Linda, CA.
- The PACE labor union represents some Aera employees.
Read more about this topic: Aera Energy
Famous quotes containing the word business:
“No wonder poets sometimes have to seem
So much more business-like than business men.
Their wares are so much harder to get rid of.”
—Robert Frost (1874–1963)