About
- Name: TERRENCE PEGULA
- English name: TERRENCE PEGULA
- Native name: ---
- Alias: ---
- Award: ---
Description: Terry pegula made a fortune in fracking and has since turned it into a sports empire that includes the buffalo bills and buffalo sabres. his oil and gas outfit, east resources, sold the bulk of its assets to royal dutch shell for $4.7 billion in 2010. he bought the sabres the next year for $189 million and in 2014 outbid groups led by donald trump and bon jovi to pick up the bills for $1.4 billion. a former math major, pegula switched to petroleum engineering on a scholarship and joined getty oil after graduation. he founded east resources in 1983 with a $7,500 loan from friends and family to drill sand wells, and still has oil and gas interests in three states.
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