June 18, 2017 archive

Iron Eyes Readies for Day in Court Over North Dakota DAPL Protest

A Native American Indian activist remains steadfast in getting his day in court over his involvement with the Dakota Access pipeline protest, according to an Associated Press report. Chase Iron Eyes was arrested on February 1, 2017 after setting up teepees on land owned by Energy Transfer Partners, the Dallas-based company behind the controversial pipeline …

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Halliburton Appoints Chris Weber as New Chief Financial Officer

Houston-based Halliburton recently announced the appointment of Christopher Weber as Executive Vice President and CFO effective June 22, 2017. Weber joins Halliburton from Parker Drilling Company, where he served as Senior Vice President and CFO for the past four years. Weber has more than 20 years of experience in the energy industry, holding key roles …

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Rig Count: Oklahoma Drops by 4, U.S. Grows by 6

Canada led the way with the addition of 27 new rigs last week while the U.S. rig count grew by a total of six, according to the Baker Hughes rig count released on Friday. Canada now has a total of 159 rigs, up 90 rigs when compared with last year’s count of 69. The U.S. …

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Crude Oil Futures Rise on Friday, Post Losses for the Week

Oil prices rebounded on Friday after hitting their lowest settlement of 2017 and registering their fourth weekly loss in a row, according to Bloomberg MarketWatch. July West Texas Intermediate crude oil rose 28 cents, or 0.6%, to settle at $44.74 a barrel on the New York Mercantile Exchange. For the week, WTI crude was down 2.4%. …

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Continental Resources SCOOPs Another Big Hit in Grady County

Oklahoma’s SCOOP yielded another monumental well for Oklahoma City-based Continental Resources producing more than 1,000 barrels of oil a day. The horizontal well is the Romanoff at 25 7N 5W located about 2 miles west of Dibble near the intersection of Highway 39 and Highway 76. Its production is 1,006 barrels of oil a day …

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