With nearly $10 billion debt, Oklahoma City-based Chesapeake Energy Corporation announced Wednesday it obtained a $1.5 billion loan from four different banks. The loans came from JPMorgan Chase Bank,N.A., Morgan Stanley Bank, N.A., Bank of America, N.A. and MUFG Bank, N.A. ” to assist with the arrangement of a secured first lien last out 4.5-year term …
The head of the Petroleum Alliance of Oklahoma says this week’s move by Halliburton to shut down its El Reno operations should be a warning to state leaders. But the state leaders aren’t commenting publicly. “This announcement is a reminder that no state, no community, no company is immune from negative impacts when you have …
The Oklahoma Department of Environmental Quality says Friday, December 6 is the final deadline for school districts to apply for $3 million in funding for alternative fuel grants. The grants are designed to help school districts replace old diesel school buses with new diesel, gasoline or alternative fuel school buses. Information about each is available …
The latest completion reports filed with the Oklahoma Corporation Commission show Newfield Exploration Mid-Con Inc. has more success in the STACK, while Fourpoint Energy in western Oklahoma and EOG Resources in McClain County brought in wells. EOG Resources Inc. reported two wells on a single pad at 7 9N 4W in McClain County or about …
