Tapstone's Tom Ward Backed by Private Equity He Once Avoided

  • Blackstone's GSO has stake in Ward's oil and gas driller
  • Tom Ward founded Chesapeake, SandRidge before Tapstone

Tapstone Is 'Always Up for Sale': CEO Tom Ward

Tom L. Ward, the Oklahoma natural-gas explorer who launched Chesapeake Energy Corp. with Aubrey McClendon three decades ago, has found backing from private equity firm Blackstone Group LP for his latest venture, Tapstone Energy LLC.

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