November 2016 archive

Williams Refreshes Board With Election of Eight New Members

Shareholders of the Williams Companies elected all of the nominees on the ballot for the company’s board of directors to one-year terms at the company’s 2016 annual meeting held on Wednesday, according to a report by The Tulsa World. The five new board members include Stephen Bergstrom, former president and CEO of general partner American …

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Permits to Drill November 25, 2016

  Blaine County IKE #1-20-17XH, November 17 2016 29 15N 12W NESWNWNW API: 01123685 Lat: 35.75218135439675, Long: -98.50649339314229 CONTINENTAL RESOURCES INC HH, AM, 23365 ft, MISSISSIPPIAN(10800), MISSISSIPPI LIME(11500) Dewey County DEAN 9 NC #1HC, November 23 2016 16 17N 19W NWNWNENW API: 04323424 Lat: 35.95618859864049, Long: -99.23436668733935 MEWBOURNE OIL COMPANY HH, DR, 14038 ft, CLEVELAND(9000) …

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Judge Puts Obama Overtime Rule on Hold—–Lankford says it would have been devastating

Oklahoma U.S. Sen. James Lankford suggests a Texas federal judge did the right thing Tuesday in block implementing of President Obama’s new federal overtime rule that was set to take effect Dec. 1. “I am pleased that a Federal District Judge has, yet again, pumped the brakes on another harmful regulation from the Obama administration,” said the …

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ATT Under Fire After Hughes County Switches to Cheaper Phone Service

“They’re holding us hostage.” It’s the cry from Hughes County Clerk Carolyn Treble as frustration fills her voice after dealing for weeks with people unable to make telephone calls to the courthouse and sheriff’s office. And the brunt of her frustration is aimed at ATT. The problem stems from the county’s move months ago to …

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Surprise—–No Recommendations of Cutting Tax Credits to Governor and Legislature so Far

As the Oklahoma Incentive Evaluation Commission prepares to meet Tuesday to continue its consideration of tax credits, its most recent recommendations to the governor and the state legislature are surprising to some. Initially when the Commission was formed earlier in the year, there was a suggested belief that some tax credits or incentives might get …

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Incentive Evaluation Commission Finalizes 2016 Recommendations

The Incentive Evaluation Commission met in a special meeting held on Wednesday at the Oklahoma State Capitol and approved the recommendations of ten tax incentives conducted by Iowa-based vendor consultant, The PFM Group. During the first hour of the meeting, the discussion centered on the nature of the commission’s duties and reporting scope. Chairman Lyle …

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Natural Gas Gains While Crude Oil Futures End With Mixed Results on Tuesday

U.S. crude oil futures fell on Tuesday after a report indicated OPEC will postpone its attempt to obtain a production cut until after November 30, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, January West Texas Intermediate crude fell by 21 cents, or 0.4%, to settle at $48.03 a barrel. On the London ICE …

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Williams Declares Quarterly Dividend of $0.20

Tulsa-based Williams announced Tuesday that its board of directors approved a regular dividend of $0.20 per share on the company’s common stock. The dividend is payable on December 27, 2016 to shareholders of record on December 9, 2016. Williams has paid a common stock dividend every quarter since 1974.  

Permits November 23, 2016

  Blaine County FJ #1H-1807X, November 22 2016 18 16N 12W SESESWSE API: 01123687 Lat: 35.85632335290022, Long: -98.51321490144207 CIMAREX ENERGY CO HH, DR, 21243 ft, MISSISSIPPIAN(9563), MISSISSIPPI SOLID(10700), WOODFORD(11293), HUNTON(11440) Canadian County BENNETT #24-11-6, November 22 2016 24 11N 6W SWSESESE API: 01724949 Lat: 35.40693246312032, Long: -97.77958023747523 JONES ENERGY LLC HH, DR, 13700 ft, WOODFORD(8700) …

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Sheriff Vows to Spray Protesters Again in Cold Weather in North Dakota

Law officers who sprayed water on protesters in below-freezing temperatures at the Dakota Access oil pipeline site in North Dakota defend what they did this week and say they’ll do it again if necessary. Led by mostly Native American Indians who contend the pipeline potentially could damage their drinking water, the protests were hit with …

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