CLOs on the Move

Rex Energy Operating

www.rexenergycorp.com

 
Rex Energy Operating Corp. is a State College, PA-based company in the Energy and Utilities sector.
  • Number of Employees: 100-250
  • Annual Revenue: $50-100 Million

Executives

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Energy North Group

Energy North, Inc. is a Massachusetts based corporation founded in 1981. In 1985, ENG entered into its first distributor agreement with Citgo Petroleum. ENG quickly became one of Citgo`s fastest growing customers. In addition to the growth in wholesale distribution, ENG developed and branded many highly visible and strategic sites including the only retail gasoline and convenience store at Logan International Airport in Boston, MA. This was the first retail development in the Egleston Square section of Boston in 30 years. Other key projects included Winthrop, MA, Everett, MA, and Tewksbury, MA. Throughout this same period of time, ENG entered into a branded Gulf Oil distributorship and purchased a small Texaco distributor from Connecticut. In 1994, ENG operated its first convenience store located in Merrimack, N.H. In 1999, ENG purchased the assets of ABS Trucking which is now a division of Energy North Group. ABS operates 6 vehicles, 7 trailers, and employs 11 people. ABS delivers fuel in MA and NH and contacts with other haulers for fuel delivery throughout the rest of New England and New York state. Seven years ago, ENG purchased a property from Sunoco (Rhode Island) and became an authorized distributor for Sunoco. The Valero brand was also started in the same time period. In 2007, Retail Operations was highlighted in CSN as “Store of the Month” in all of the United States. In 2008, ENG was the successful bidder of the Draper Oil Company assets. ENG took over operations of the Company Operated and Dealer Locations on January 1, 2009. In May of 2010, ENG was the successful bidder of the MW Sewall assets in Maine. Due to the strength in Maine, ENG soon became one of Irving`s largest Distributors. In 2013, ENG was the successful bidder of the Webber Energy Dealer locations and took over operations in November and December of 2013. In 2014, ENG was the successful bidder of the Concord Oil Company assets. ENG took over operations of the Company Operated and Dealer locations in July of 2014 In 2015, ENG was the successful bidder of the Haffners Oil Company assets. ENG took over operations of the Company Operated and Dealer locations in April of 2015 ENG provides product in all 6 New England States & New York and offers all major brands. Today, ENG is a BFA and one of ExxonMobil`s strongest and largest distributors. Energy North Group is well respected as a Leader in both Wholesale Distribution & Retail Operations throughout New England & New York.