February 10, 2018 archive

Earthquake Map of Permian Basin Produced by Scientists

A state beside Oklahoma is getting earthquake attention in relation to its extensive oil and gas drilling activity. Stanford University has decided that the massive Permian Basin and its high-level of drilling activity should be mapped for “ground stresses” and possible earthquakes. They continue working on a map for Oklahoma but have come out with …

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Commissioner Wants Rural Phone Fund Abolished

Oklahoma Corporation Commissioner Bob Anthony says after 22 years and nearly $800 million, he would like to know exactly how some 3 dozen telephone companies in the state have been using money that came from the controversial High Cost Fund. It is a fund created more than two decades ago to help small phone companies …

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Icahn’s Pressure Leads to Major Shakeup at SandRidge Energy

Activist investor Carl Icahn got his wish.  SandRidge Energy of Oklahoma City has fired James Bennett as CEO and apparently forced Chief Financial Officer Julian Bott out as well. Four months after Icahn forced the company to call off its $746 million purchase of a Denver, Colorado firm, the company took the action this week …

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