February 27, 2016 archive

Chesapeake Energy Hit with Downgrading by Fitch Ratings

Another round of bad news for Oklahoma City-based Chesapeake Energy as Fitch ratings has downgraded the company’s long-term issuer defaulting rating from ‘B’ to ‘B-‘, according to an announcement by the Chicago based firm.
Fitch indicated the downgrad…

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Completion re[ports February 29, 2016

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Permits to drill February 29, 2016

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OGE Moves up Construction of Wind Farm Transmission Line

The construction of a $190 million transmission line to connect wind farms in northwest Oklahoma is being moved up by Oklahoma Gas and Electric. Instead of waiting another three years, the utility plans to begin construction early in 2017 on the 126-mi…

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