“2015 provided an extremely challenging business environment for our industry.” Dave Hager, CEO and President.
Despite laying off 1,000 workers amidst the energy downturn, Devon Energy CEO and President David Hager on Wednesday sounded optimi…
February 17, 2016 archive
OKC’s LSB Closer to Completion of $750 million Ammonia Plant in Arkansas
Oklahoma based LSB Industries, Inc. says its new 375,000 ton ammonia plant is now mechanically complete at the El Dorado, Arkansas facility. The completion of the nearly $730 million project includes the installation of process vessels and rotating equ…
North Dakotans Fight Deep Drilling Experiment
Residents of a North Dakota County are putting up a fight over a deep borehole project they contend will be used for nuclear waste disposal.
Officials of Battelle Memorial Institute, the leader researcher and drilling partner Energy and Environmental …
Seventy Seven Energy Still Struggling—Voluntary Bankruptcy is Still On the Table
Oklahoma City-based Seventy Seven Energy Inc., the spinoff from Chesapeake Energy a few years ago reported Wednesday a drop in fourth quarter 2015 earnings as well as total revenues for 2015 and an increase in losses. And at the same time, it con…
Seventy Seven Energy Still Struggling—Voluntary Bankruptcy is Still On the Table
Oklahoma City-based Seventy Seven Energy Inc., the spinoff from Chesapeake Energy a few years ago reported Wednesday a drop in fourth quarter 2015 earnings as well as total revenues for 2015 and an increase in losses. And at the same time, it confirmed…
Latest in SandRidge Energy—-Delays Making Interest Payments
A week before it is scheduled to release its 2015 earnings report, financially-challenged SandRidge Energy, Inc. announced it chose to exercise a grace period and defer making nearly $22 million in interest payments that were due on Tuesday, Feb….
Latest in SandRidge Energy—-Delays Making Interest Payments
A week before it is scheduled to release its 2015 earnings report, financially-challenged SandRidge Energy, Inc. announced it chose to exercise a grace period and defer making nearly $22 million in interest payments that were due on Tuesday, Feb. 16, 2…
House Speaker Says New Plan Helps State Get Ahead of Earthquakes
The state’s new earthquake plan for disposal wells in northwestern Oklahoma gets the support of Oklahoma House Speaker, Rep. Jeff Hickman.
In a statement issued Tuesday, he called it appropriate action by the Oklahoma Corporation Commission.
“T…
House Speaker Says New Plan Helps State Get Ahead of Earthquakes
The state’s new earthquake plan for disposal wells in northwestern Oklahoma gets the support of Oklahoma House Speaker, Rep. Jeff Hickman.
In a statement issued Tuesday, he called it appropriate action by the Oklahoma Corporation Commission.
“The Cor…
Gasoline Prices Go Back Up to Hit $1.41 Statewide Average
Gasoline prices have jumped back up in some sites in Oklahoma and state’s price average is up to $1.41 a gallon, according to the latest Fuel Gauge Report from AAA Oklahoma. It had been down to $1.34 as of last weekend.
“Normally, given the time of th…
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