Oil futures finished higher Tuesday, as traders continued to weigh the likelihood of a production freeze agreement by OPEC next month, according to Bloomberg MarketWatch. September West Texas Intermediate crude climbed by 84 cents, or 1.8%, to settle at $46.58 a barrel on the New York Mercantile Exchange. On London’s ICE Futures Exchange, October Brent …
August 16, 2016 archive
Warren Buffett’s Company Increases Holdings in Phillips 66
The Oracle from Omaha is at it again. Berkshire Hathaway Inc., the firm founded and operated by investment guru Warren Buffett, is increasing its holdings in Phillips 66. The company manages a U.S. stock portfolio amounting to nearly $130 billion. A regulatory update filed on Monday with the U.S. Securities and Exchange Commission …
Completion Reports August 17, 2016
BLAINE COUNTY Continental Resources Inc Mississippian Ex Chester: Oil 2513 Gas 6148 Water 421 Flow 9 16N 12W Madeline 1-9-4xh, June 06, 2016 HH, OIL, TD: 20398 ft Lat: 35.87109, Long: -98.48480 API: 35011235800001 Continental Resources Inc Woodford(14213): Gas 4893 Water 2832 Flow 20 14N 13W Watson South 1-20-29xh, July 09, 2016 HH, GAS, TD: …
Permits to Drill August 17, 2016
Beckham County KLOPFENSTEIN 16-11-23 #1HB, August 16 2016 21 11N 23W NENENENE API: 00921979 Lat: 35.42121689623471, Long: -99.62967965812607 ENERVEST OPERATING LLC HH, DR, 18525 ft, MARMATON(13125) Carter County LEDBETTER #1-A, August 16 2016 06 1S 3W CN2NWNE API: 01926228 Lat: 34.50593789489934, Long: -97.55149537180147 PRUITT OPERATING COMPANY LLC SH, DR, 4000 ft, HOXBAR(2700), DEESE(3000) Coal County …
SandRidge Records $516 Million Loss for 2Q
Oklahoma City-based SandRidge Energy, Inc. recorded a net loss of $516 million, or 73 cents a share, in the second quarter of 2016, according to the company’s quarterly report recently filed with the U.S. Securities and Exchange Commission. That compares to a loss of $1.6 billion, or $2.78 a share, in the second quarter one …