Latest news with #EctorCounty
Yahoo
3 days ago
- Politics
- Yahoo
GOP Texas map has Austin residents sharing district with rural Texans 300 miles away
As Texas Republicans try to muscle a rare mid-decade redistricting bill through the Legislature to help Republicans gain seats in Congress -- at President Donald Trump's request -- residents in Austin, the state capital, could find themselves sharing a district with rural Texans more than 300 miles away. The proposed map chops up Central Texas' 37th Congressional District, which is currently represented by Democrat Rep. Lloyd Doggett, will be consumed by four neighboring districts, three of which Republicans now hold. One of those portions of the Austin-area district was drawn to be part of the 11th District that Republican Rep. August Pfluger represents, which stretches into rural Ector County, about 20 miles away from the New Mexico border. Rural congressional districts, where people often live further apart, tend to be larger because districts are intended to have roughly the same number of residents so one American's vote is not more diluted than another's. Further, fellow rural voters are likelier to share demographic similarities with each other than with urban voters. That would mean people in that area would share a congressman with people who live more than 311 miles away, a distance that is about 15 times more than that between them and those who currently live the farthest away. "If you look at many of these districts, whether they're here or elsewhere in the nation, you do not necessarily see a community of interest," Sherri Greenberg, the assistant dean for the LBJ School of Public Affairs at UT Austin told ABC News. "You don't see the following, for instance, county lines or city lines. You see perhaps along skinny districts, or districts that look like a piece of pie where you are not keeping communities together or interests together." Greenberg, asked what the new map means for the 37th district, said, "you're spreading thin across many, many miles, with different cities, counties, communities, different interests, different topography, geography, culture, potentially." Greenberg served in the Texas House as a Democrat in the 1990s. Redistricting is an exercise that state legislatures participate in after the decennial census, accounting for population shifts across the country, and doing so in the years between a census is rare. But the White House in June approached Texas Republicans about redrawing the map ahead of the 2026 midterm elections, to protect their fragile majority in the U.S. House of Representatives in Washington. Last month, President Trump said he was looking for "a very simple redrawing; we pick up five seats." David Wasserman, senior editor and elections analyst for The Cook Political Report, told ABC News that the proposed map could lead Democrats on a "collision course," finding themselves competing for the remaining Democratic-leaning district in their area. One such showdown could happen in Austin between Doggett and Rep. Greg Casar. Democrats have slammed the draft map as being "rigged," a "power grab," and "racist" and Texas House legislators have fled the state to preclude Republicans of the quorum needed to pass it. "They're trying to suppress the votes of Black and brown Austinites right now under this map," Casar said Monday at a protest outside the Texas governor's residence. "We won't let that happen, because if they're able to suppress the votes of Austinites under Trump's plan, soon enough, they'll try to suppress the votes of all Americans." Wasserman said he estimates the proposed map would help Republicans pick up three to five additional seats in Texas by spreading out minority voters. "This map would clearly impair the voting strength of Texas' minority voters," Wasserman said. "It dilutes or eliminates districts where minority voters have elected Democrats in recent years." But Greenberg and Wasserman said Democrats may face an uphill battle in court because of voting trends that show Latinos shifting toward conservatives, making it harder to argue that drawing them out of Democratic districts prevent them from voting for who they want. "Republicans will make the case in court that Hispanic voters no longer constitute a cohesive political group because they've migrated so much towards Donald Trump, and that could really weaken Democrats' argument in court that those performing districts deserve protection," Wasserman said. It's a case Republican state Rep. Carl Tepper made to ABC News. "These new districts reflect the population and the voting trends of Texas," Tepper said. "We are a vast and very heavily Republican state, conservative state, and we deserve some more consideration sending our delegation to the U.S. House of Representatives. Several of the protesting Texas state lawmakers' Democratic allies in blue states have vowed to pursue redrawing congressional lines in their own states, including California, to shore up Democrats' numbers and counter what is happening in Texas. If Texas changes its maps mid-decade, and other states follow suit over the next few years, Greenberg says the constant changes could lead to chaos. "If you're having constant redistricting, it would be chaos. I mean, for people to run, they have to have -- know their districts. For, you know constituents who are voting, they need to know who they're voting for. If you are having all over the nation this constant redistricting every year, I don't know how that works." 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Yahoo
15-07-2025
- Business
- Yahoo
New Era Helium JV TCDC Provides Update on Its 250 MW AI Data Center Campus Development Site
MIDLAND, Texas, July 11, 2025--(BUSINESS WIRE)--New Era Helium, Inc. (Nasdaq: NEHC) ("NEH" or the "Company"), a next-gen exploration and production platform in the Permian Basin, today provided an update on the land acquisition for the 250MW AI and HPC data center campus planned by Texas Critical Data Centers LLC ("TCDC"), its joint venture with Sharon AI, Inc. Due diligence, including the Phase 1 study, on the initial 235-acre site in Ector County has been completed and satisfied. The transaction remains on track, with closing expected on or before the end of the month. TCDC continues to advance permitting and infrastructure planning as part of its mission to develop its compute campus in the Permian Basin. Additional updates will be provided when available. About New Era Helium, Inc. New Era Helium, Inc. is a next-gen exploration and production platform unlocking the full value of its Permian Basin assets. The Company controls over 137,000 acres in Southeast New Mexico, with more than 1.5 Bcf of proved and probable helium reserves sourced alongside natural gas production. Through its joint venture, Texas Critical Data Centers, LLC, NEHC is capturing multi-sector growth across helium, power, and data infrastructure. For more information, visit Follow New Era Helium on LinkedIn and X. Cautionary Note Regarding Forward-Looking Statements This press release contains "forward-looking statements." Forward-looking statements reflect the current view about future events. When used in this press release, the words "anticipate," "believe," "estimate," "expect," "future," "intend," "plan" or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements include, but are not limited to, statements contained in this press release relating to our business strategy, our future operating results and liquidity and capital resources outlook. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward–looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation: (a) our ability to effectively operate our business segments; (b) our ability to manage our research, development, expansion, growth and operating expenses; (c) our ability to evaluate and measure our business, prospects and performance metrics; (d) our ability to compete, directly and indirectly, and succeed in a highly competitive and evolving industry; (e) our ability to respond and adapt to changes in technology and customer behavior; (f) our ability to protect our intellectual property and to develop, maintain and enhance a strong brand; and (g) other factors (including the risks contained in the "Risk Factors" section of our Annual Report on Form 10-K for the fiscal year ended December 31, 2024. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results. View source version on Contacts Investor and Media: Investor Tel +1 475 477 9401 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-07-2025
- Business
- Yahoo
Rising Phoenix Capital Expands Midland Basin Position with Strategic Maroon Bells Fund Acquisition
DALLAS, July 11, 2025--(BUSINESS WIRE)--Rising Phoenix Capital, a boutique investment firm specializing in oil and gas mineral royalty acquisitions, today announced a new strategic acquisition in the Midland Basin. The mineral rights, located in Ector and Midland Counties, TX, are operated by ConocoPhillips and were acquired through the firm's Maroon Bells Fund, an income-focused mineral portfolio that has delivered consistent cash distributions. The acquisition includes both producing wells and near-term permitted development, increasing Rising Phoenix's footprint in the country's most prolific basin and aligning with its mission to deliver monthly income and long-term capital preservation for accredited investors. "We underwrite for predictability, not hype," said Jace Graham, CEO and Founder of Rising Phoenix Capital. "Our focus remains on acquiring top-tier mineral assets in core basins, leased to highly capable operators. This deal strengthens our position in the heart of the Midland and supports our strategy of dependable cash flow and upside potential." This marks the firm's fourth Midland Basin acquisition in 2025, building on a disciplined acquisition strategy that emphasizes direct sourcing and in-house underwriting, without the use of leverage. For accredited investors seeking exposure to energy income, Rising Phoenix Capital is currently accepting subscriptions into its newest fund, La Plata Peak Fund — a diversified mineral portfolio offering immediate cash flow and long-term upside. Learn more at or call 214.214.4268. About Rising Phoenix Capital Rising Phoenix Capital is a privately held investment firm specializing in direct, alternative asset investments across oil and gas minerals, royalties, non-operated working interests, and real estate. With four generations of experience in energy and real estate, we combine industry expertise with a hands-on approach to deliver strong, stable returns. Our in-house team sources, analyzes, and acquires high-value assets, leveraging off-market deal flow to uncover the best opportunities. By focusing on cash-flowing mineral rights and strategic investments, we provide investors with consistent income and long-term financial growth. At Rising Phoenix Capital, we believe in transparency, efficiency, and integrity—ensuring that every investment decision is backed by data, experience, and a commitment to delivering real value. Photography, B roll, and additional assets are available on the company's Media Kit here. View source version on Contacts Media Contact:Aquila Mendez-Valdezaquila@ 210.606.5251
Globe and Mail
11-07-2025
- Business
- Globe and Mail
New Era Helium JV TCDC Provides Update on Its 250 MW AI Data Center Campus Development Site
New Era Helium, Inc. (Nasdaq: NEHC) ('NEH' or the 'Company'), a next-gen exploration and production platform in the Permian Basin, today provided an update on the land acquisition for the 250MW AI and HPC data center campus planned by Texas Critical Data Centers LLC ('TCDC'), its joint venture with Sharon AI, Inc. Due diligence, including the Phase 1 study, on the initial 235-acre site in Ector County has been completed and satisfied. The transaction remains on track, with closing expected on or before the end of the month. TCDC continues to advance permitting and infrastructure planning as part of its mission to develop its compute campus in the Permian Basin. Additional updates will be provided when available. About New Era Helium, Inc. New Era Helium, Inc. is a next-gen exploration and production platform unlocking the full value of its Permian Basin assets. The Company controls over 137,000 acres in Southeast New Mexico, with more than 1.5 Bcf of proved and probable helium reserves sourced alongside natural gas production. Through its joint venture, Texas Critical Data Centers, LLC, NEHC is capturing multi-sector growth across helium, power, and data infrastructure. For more information, visit Follow New Era Helium on LinkedIn and X. Cautionary Note Regarding Forward-Looking Statements This press release contains 'forward-looking statements.' Forward-looking statements reflect the current view about future events. When used in this press release, the words 'anticipate,' 'believe,' 'estimate,' 'expect,' 'future,' 'intend,' 'plan' or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements include, but are not limited to, statements contained in this press release relating to our business strategy, our future operating results and liquidity and capital resources outlook. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward–looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation: (a) our ability to effectively operate our business segments; (b) our ability to manage our research, development, expansion, growth and operating expenses; (c) our ability to evaluate and measure our business, prospects and performance metrics; (d) our ability to compete, directly and indirectly, and succeed in a highly competitive and evolving industry; (e) our ability to respond and adapt to changes in technology and customer behavior; (f) our ability to protect our intellectual property and to develop, maintain and enhance a strong brand; and (g) other factors (including the risks contained in the 'Risk Factors' section of our Annual Report on Form 10-K for the fiscal year ended December 31, 2024. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.
Associated Press
11-07-2025
- Business
- Associated Press
New Era Helium JV TCDC Provides Update on Its 250 MW AI Data Center Campus Development Site
MIDLAND, Texas--(BUSINESS WIRE)--Jul 11, 2025-- New Era Helium, Inc. (Nasdaq: NEHC) ('NEH' or the 'Company'), a next-gen exploration and production platform in the Permian Basin, today provided an update on the land acquisition for the 250MW AI and HPC data center campus planned by Texas Critical Data Centers LLC ('TCDC'), its joint venture with Sharon AI, Inc. Due diligence, including the Phase 1 study, on the initial 235-acre site in Ector County has been completed and satisfied. The transaction remains on track, with closing expected on or before the end of the month. TCDC continues to advance permitting and infrastructure planning as part of its mission to develop its compute campus in the Permian Basin. Additional updates will be provided when available. About New Era Helium, Inc. New Era Helium, Inc. is a next-gen exploration and production platform unlocking the full value of its Permian Basin assets. The Company controls over 137,000 acres in Southeast New Mexico, with more than 1.5 Bcf of proved and probable helium reserves sourced alongside natural gas production. Through its joint venture, Texas Critical Data Centers, LLC, NEHC is capturing multi-sector growth across helium, power, and data infrastructure. For more information, visit Follow New Era Helium on LinkedIn and X. Cautionary Note Regarding Forward-Looking Statements This press release contains 'forward-looking statements.' Forward-looking statements reflect the current view about future events. When used in this press release, the words 'anticipate,' 'believe,' 'estimate,' 'expect,' 'future,' 'intend,' 'plan' or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements include, but are not limited to, statements contained in this press release relating to our business strategy, our future operating results and liquidity and capital resources outlook. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward–looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation: (a) our ability to effectively operate our business segments; (b) our ability to manage our research, development, expansion, growth and operating expenses; (c) our ability to evaluate and measure our business, prospects and performance metrics; (d) our ability to compete, directly and indirectly, and succeed in a highly competitive and evolving industry; (e) our ability to respond and adapt to changes in technology and customer behavior; (f) our ability to protect our intellectual property and to develop, maintain and enhance a strong brand; and (g) other factors (including the risks contained in the 'Risk Factors' section of our Annual Report on Form 10-K for the fiscal year ended December 31, 2024. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results. View source version on CONTACT: Investor and Media: Investor Relations [email protected] Tel +1 475 477 9401 KEYWORD: UNITED STATES NORTH AMERICA TEXAS INDUSTRY KEYWORD: OIL/GAS ENERGY SOURCE: New Era Helium, Inc. Copyright Business Wire 2025. PUB: 07/11/2025 08:00 AM/DISC: 07/11/2025 08:00 AM
