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$75,000 Bonuses Are Headed Into the Pockets of Hilcorp Energy Workers

  • Billionaire Jeffery Hildebrand’s creation reached targets
  • Texas-based company has long history of big incentive payouts

Oil driller Hilcorp Energy Co. is lavishing $75,000 bonuses on employees as reward for reaching multi-year expansion and production goals. 

Workers will receive another $25,000 to donate to charities of their choice, closely held Hilcorp said in a statement on Friday. The explorer controlled by billionaire Jeffrey Hildebrand employs about 3,000 people from Texas to Alaska and plans to pro-rate the payouts for anyone who’s been with the company less than six years.