June 2018 archive

Icahn Blasts Latest Claims of SandRidge as Proxy Fight Grows

Activist investor Carl Icahn waited only a few days to respond to the latest round of the proxy fight with SandRidge Energy Inc. in Oklahoma City and blasted the company for its operations. In a filing made with the Securities Exchange Commission, Icahn responded point by point to the claims of SandRidge Energy which wants …

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Choctaw Tribe Loses Appeal Over $9.3 million Deadly Bus Crash Verdict

A Texas Court of Appeals has upheld a $9.3 million verdict against the Choctaw Nation over a 2013 charter bus crash that killed two passengers on the George Bush Turnpike in Dallas. The ruling was made by a three-judge panel of the Court of Appeals for the 5th District in Texas. The panel dismissed the …

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Alliance Resource Partners Okays Simplication Move

Tulsa’s Alliance Resource Partners, L.P. has closed a $100 million repurchase deal reached with its wholly-owned subsidiary Alliance Holdings GP, L.P. The agreement was a move to simplify operations and allows each unit holder in Alliance Holdings to have the same economic share of Alliance Resource Partners. The company said that as a result of …

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Energy Transfer Gets FERC Approval to open Rover Pipeline

Dallas-based Energy Transfer Partners has won federal government approval to begin service of remaining parts of its more than 700 mile long Rover Pipeline. The approval extends to segments that will allow 100 percent of the mainline capacity of 3.25 billion cubic feet a day of natural gas from northeastern U.S. Prior to the approval …

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