East Resources

Terrence M. Pegula
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Long Business Description

Terrence Pegula got wealthy as a result of his natural gas drilling company called East Resources. He has since sold the New York, Pennsylvania and Rocky Mountain assets of the company to Royal Dutch Shell for $4.7 billion. East Resources, however, still has oil and gas assets in West Virginia. He has given up an astonishing 46.76 percent of his wealth to sports and social causes. In particular, Pegula has been actively supporting athletes who are pursuing higher education, making sure that they have the brains to complement their athletic prowess.