Hallwood Energy Corp.10440 N. Central Expressway, Suite 240 , Dallas, Texas, United States

Hallwood a Monaco and Dallas based family office that has for many years specialized in investing in and providing “rescue financing” to diversified U.S. and U.K. companies.  We currently have investments in oil and gas, protective building systems, textile products, litigation finance and money management.

Hallwood History 

Hallwood was formed in England in 1938 as a public company specializing in commercial and residential real estate investment in London.  In 1977, Mr. Gumbiner, an Investment Banker and a Solicitor of the Supreme Court of Judicature of England, acquired control and concentrated on developing Hallwood into a financial services company listed on the NYSE specializing in Corporate Rescue Financing in London and New York.  Corporate rescue financing involved first using sophisticated research techniques to locate financially distressed, publicly owned corporations, then assisting selected companies with customized restructuring plans before they entered bankruptcy.  Mr. Gumbiner’s first restructuring using an underwritten deep discount stockholder rights offering was Bank and Commercial Holdings Limited, a public company listed on the London Stock Exchange.  In 1979, Mr. Gumbiner took his rights offering technique to the US and thereafter successfully rescued inter alia First Pennsylvania Mortgage Trust, The UMET Trust, (the Union Bank of California Real Estate Investment Trust), the bankrupt Chase Manhattan Realty Trust and Institutional Investors Trust in New York His highest profile restructuring, sold in 1996, was Chuck-E-Cheese, a national children’s entertainment restaurant chain, listed on the NYSE.  In 2014, Mr. Gumbiner privatized Hallwood and recreated the company as a family office.

Oil & Gas Investment

The Hallwood petroleum management group is known in the industry as an innovator and pioneer in the exploration and production of unconventional shale oil and gas. Since 1984, we have successfully drilled hundreds of conventional and non-conventional wells and have developed horizontal well drilling techniques and creative hydraulic fracturing technology.  In 2001, the management team consolidated the properties held by the various Hallwood operating entities and sold unconventional resource properties, which included coal bed methane in the San Juan Basin of New Mexico and Colorado to a subsidiary of Unocal for $268 million.  Hallwood then invested in the Barnett Shale, in the Fort Worth Basin of Texas, with a project that was sold to Chesapeake Energy Corporation for a total of over $535 million.  Hallwood has had a long history of acquiring, owning, operating and selling oil and gas projects.

Philanthropy

Hallwood through its Brookwood subsidiary, has been active in over 200 charitable causes and promotes many environmental initiatives. Mr. Gumbiner is an active philanthropist and has given his time and resources to causes he holds dear. He is involved in charitable fundraising for the Grace Penn Association, a Monaco charity whose primary objective is to improve the quality of medical treatment in Monaco and is a member of the Lionel Curtis Group, a distinguished network of business leaders, which supports Chatham House, the Royal Institute of International Affairs, an independent think tank based in London. He has also served on the International board of Southern Methodist University, in Dallas, Texas.