August 14, 2019 archive

Permits to drill for August 14, 2019

Permits to drill filed for August 14, 2019. Dewey County CHAIN #19-30-1XH, August 14 2019 30 18N 14W SWSESESE API: 04323709 Lat: 36.000792774927156, Long: -98.72643719558933 DERBY EXPLORATION LLC HH, DR, 20890 ft, MISSISSIPPIAN(9595), WOODFORD(11245) Dewey County W. POLLOCK FED 24/13-19-14 #2H, August 14 2019 25 19N 14W NWNENENW API: 04323708 Lat: 36.100884714198024, Long: -98.6475256509695 TAPSTONE ENERGY LLC …

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Director picks up more shares in Tulsa coal-mining company

A filing with the Securities and Exchange Commission revealed one of the members of the board of directors at Tulsa-based Alliance Resource Partners acquired more shares in the firm this week. Independent director Wilson M. Torrence acquired 4,300 shares in the company valued at $15.5452 each on August 12. A day later, he acquired 1,300 …

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Earthquake swarm near Kingfisher believed connected to well completions

Oklahoma regulators are keeping a close watch on an oil drilling area west of Kingfisher in the STACK because of continued earthquakes.  The quakes occurred in the area 8 miles west of the city and included one measuring 3.6 magnitude. State seismologist Jake Walter told the Oklahoman newspaper the quakes are the latest to be …

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Controversial film maker Michael Moore questions alternative energy

What?  Michael Moore has a new documentary seriously questioning alternative energy? It’s true and environmentalists and supporters of alternative energy admit the film is a “tough pill to swallow.” Read the report from ABC News by clicking here.  

Dividend declared by Halliburton

Halliburton Company announced Wednesday that its board of directors has declared a 2019 third quarter dividend of eighteen cents ($0.18) a share on the Company’s common stock payable on September 25, 2019 to shareholders of record at the close of business on September 4, 2019. Last month, the company announced net income of $75 million, or $0.09 …

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ONEOK to gain from opening of new processing plant in North Dakota

Houston’s Crestwood Equity Partners LP, a midstream company, announced commercial operations have begun at one of its processing plants in North Dakota connected to a ONEOK natural gas line in the Bakkens. The system is also supported by energy exploration companies including WPX Energy of Tulsa. Crestwood stated that its Bear Den II processing plant …

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Governor Stitt wants Oklahoma to have Washington field office

The political news website, NonDoc reports that Oklahoma Gov. Kevin Stitt intends to open an Oklahoma field office in Washington and hire a full-time staff member to represent the state’s interests at the nation’s capital. Such action would mark the first time this century that Oklahoma had an executive-level employee dedicated specifically to state interests …

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Congressman warns US economic expansion is in danger over lack of high-quality workers

Oklahoma Congressman Markwayne Mullin thinks the economic expansion in the U.S. is in danger.  He warns that the country does not have enough high quality and skilled workers. On Tuesday, the 2nd District U.S. Representative encouraged business leaders to demand meaningful immigration reform that allows for an influx of potential workers into the United States …

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Another SEC filing is made by ONEOK

ONEOK says it expects to have $1.97 billion in net proceeds off a $2 billion offering of various notes due in the coming years. The Tulsa-based company made another filing Wednesday with the Securities Exchange Commission. In it, the company said it will use the $1.97 billion in net proceeds to redeem in full ONEOK …

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NGL hopes to land more investors at Las Vegas conference

Leaders of Tulsa’s NGL Energy Partners LP are attending this week’s 2019 Citi One-on-One MLP/Midstream Infrastructure conference in Las Vegas. Members of the management team are meeting with investors in an effort to attract more and new money to the energy company. NGL’s slide presentation referenced at the Conference is available on NGL’s website at www.nglenergypartners.comon …

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