Pick­ens takes bad fall

He took a “Texas-sized fall”

The Guardian (Charlottetown) - - WEEKEND BUSINESS -

T. Boone Pick­ens, the famed 89-year-old oil­field wild­cat­ter, fi­nancier and cor­po­rate raider, is ad­dress­ing his health is­sues af­ter a “Texas-sized fall” put him in the hos­pi­tal last week.

In a post­ing to LinkedIn, Pick­ens said that he is still men­tally strong but that as far as his life goes, “I clearly am in the fourth quar­ter.”

Pick­ens fell in the early morn­ing hours of July 11 and was ad­mit­ted to Bay­lor Hos­pi­tal, ac­cord­ing to spokesman Jay Rosser, on Fri­day. Pick­ens is in phys­i­cal ther­apy and speech ther­apy daily and en­gages with the BP Cap­i­tal of­fice and his var­i­ous busi­ness en­ti­ties daily, he said.

Pick­ens, the founder and chair­man of the Dal­las in­vest­ment firm BP Cap­i­tal, suf­fered sev­eral strokes over the hol­i­day and has been un­der­go­ing speech ther­apy. He said that he’s re­gained 90 per cent of his speech through ag­gres­sive ther­apy and de­ter­mi­na­tion.

“Many of those who face ad­ver­sity like this at 89 choose to hide it,” he wrote. “My life has al­ways been an open book. Some chap­ters of my life have been great. Oth­ers not so much.”

Pick­ens built one of the coun­try’s big­gest in­de­pen­dent oil com­pa­nies, Mesa Petroleum, be­fore mov­ing on to BP Cap­i­tal and found­ing clean trans­porta­tion fu­els com­pany Clean En­ergy.

He rose to na­tional promi­nence in the 1980s when he led a se­ries of takeover at­tempts, tar­get­ing Phillips Petroleum, Uno­cal and Gulf Oil, among other com­pa­nies.

He’s also given away more than $1 bil­lion to phil­an­thropic causes, ac­cord­ing to BP Cap­i­tal’s web­site

The fall, he says, is just a set-back. Pick­ens said he can still com­pre­hend and process in­for­ma­tion well, but has dif­fi­culty speak­ing clearly. He re­mains up­beat about the fu­ture.

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