June 4, 2018 archive

SandRidge Energy Responds Again to Icahn—–says he got it wrong in several claims

In the ongoing war of words between activist investor Carl Icahn and the SandRidge Energy Board of Directors, the board is the latest to fire a salvo. It not only disputed some of Icahn’s claims but also presented evidence that the Board was correct in attempting a merger with a Colorado company that is now …

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Completions Report for May 24-30

Here is the Weekly Completions Report.  The table below provides a summary of the Completion tickets (Form 1002A) that have been published between May 24th and close of business on May 30th.   The table includes the Initial Production data for Oil (b/d), Gas (MCF/d) and Water (b/d).  There are two links in the table: – The SPOT …

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OKOGA to host GOP Gubernatorial candidates forum

Five of the candidates for the Republican nomination for Governor will take part Wednesday in a forum hosted by the Oklahoma Oil and Gas Association. It will be held just three weeks away from the June 26 primary where the GOP nominee will be picked. As the association indicated, the hopefuls will share their views …

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Oklahoma Trucking Companies Face Driver Shortage and Consumers are Paying for It

  Oklahoma trucking companies are facing the same challenge as those all over the U.S.  A shortage of drivers. Several factors enter into the shortage that started developing several years ago, including the growing age of the typical person behind the wheel of an 18-wheeler. The Tulsa World focused on Tulsa’s Melton Trucking company which …

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Drillers Anxious for New Crude Pipelines in Permian Basin

Oklahoma oil and gas explorers like many others in the lucrative Permian Basin of West Texas and East New Mexico are learning it might be years before there’s pipeline relief in the oil-rich formation. We’ve reported over the past several months whenever new pipelines or extensions of existing lines win approval. But billions of dollars …

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Media Focuses on Pruitt’s Relationship With Tulsa Coal Company Leader

The national media can’t seem to understand why EPA Administrator Scott Pruitt has a close relationship with a coal executive. They focus on Pruitt taking premium tickets to a University of Kentucky basketball games from billionaire coal baron Joseph Craft. Craft runs Alliance Resource Partners, a massive coal company with headquarters in Pruitt’s hometown of …

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Western Oklahoma Motorists See Gas Prices Pushing Closer to $3 a Gallon

Gasoline prices are pushing closer and closer to the $3 a gallon level in western Oklahoma according to figures from AAA Oklahoma. Motorists in and around Arnett located in Ellis County are paying an average of $2.92 a gallon for unleaded regular. Ellis county has the highest average in the state as of June 4 …

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Congressional Delegation Split on President’s Tariffs

Oklahoma congressman Markwayne Mullin is the lone Oklahoma member of the U.S. House who openly supports the President’s controversial move to increase tariffs on steel and aluminum imports from the  European Union, Canada and Mexico. In a weekend statement, the Republican Representative said, “President Trump is doing exactly what he said he would—putting America first …

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Rep. Mullin to take part in Thursday Congressional hearing on hydropower

Oklahoma congressman Markwayne Mullin and other members of a House  Energy and Commerce subcommittee hold a hearing this week on improving the hydropower licensing process. The hearing will be held Thursday, June 7 at 10 a.m. Oklahoma Time.  It will explore the progress in improving interagency coordination for the processing of environmental reviews and authorizations …

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New Board Member Named at Tulsa’s Williams Companies

Tulsa’s Williams Companies, Inc. gets a new independent director on its Board. Nancy K. Buese, the executive vice president and chief financial officer for Newmont Mining Corporation was named immediately to the board, according to an announcement made Monday. She has 25 years of experience in financial leadership roles and previously was executive vice president …

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