Tulsa’s NGL Energy Partners LP announced that it has called for redemption all $367,048,000 aggregate outstanding principal amount of its 6.875% Senior Notes due 2021. On October 16, 2018, registered holders of such notes will receive a redemption payment of 101.719%, or $1,017.19 per $1,000, of the principal amount thereof, plus accrued and unpaid interest thereon, to …
Cromwell oil company owner Kevin Wieck has been found guilty of defrauding investors in his firm. He was convicted by an Oklahoma City federal jury on ten counts of wire fraud and five counts of money laundering. Wieck, 52 owned and operated Wieck Oil Company, LLC and received $1.17 million from investors in Tulsa, Edmond, …
The U.S. Geological Survey reported at least two small earthquakes in Oklahoma over the weekend along with others in southern Missouri and West Texas. The strongest of the Oklahoma earthquakes measured 2.7 magnitude and occurred in an area where there is active oil and gas drilling and wastewater injection wells. Scientists contend the wastewater wells …
