February 3, 2020 archive

Completion reports for February 3, 2020

Completion reports filed on February 3, 2020. GARFIELD COUNTY Chaparral Energy Llc Mississippian(6478): Oil 4 Water 96 Swabbin G 11 21N 6W Kimber 2106 1m0h-2, August 24, 2019 HH, OIL, TD: 11330 ft Lat: 36.31764, Long: -97.81656 API: 35047251620001 GARVIN COUNTY Continental Resources Inc Sycamore(14415): Oil 563 Gas 3227 Water 1708 Flow 20 3N 4W Lang 9-20-29-32xhm, September 30, 2019 HH, OIL, TD: 19454 ft …

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Permits to drill for February 3, 2020

Permits to drill issued for February 3, 2020. permits: none were processed today

Unit extends note offering

Tulsa’s Unit Corporation announced on Monday that it has extended again the expiration date of a previous offering of senior notes in a continued effort to raise money. The latest extension applies to 6.625%b Senior Subordinated notes due 2021 which can be exchanged for newly issued 10.000% Senior secured notes due 2024 and 7.000% Junior …

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Stock Exchange to honor Cheniere Energy

Executives of Houston-based Cheniere Energy, Inc., the Texas company with a major pipeline stretching from Kingfisher County south to the state line  will ring the New York Stock Exchange Opening Bell this week. The official ringing will be performed Wednesday morning by Jack Fusco, the company President and Chief Executive Officer and other members of …

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Alliance wants Oklahomans to pay heed to Governor’s warning

The Petroleum Alliance of Oklahoma is urging lawmakers to heed Governor Stitt’s warning of the effect the current industry downturn could have on the state budget. In his State of the State remarks Monday, Governor Stitt recognized the central role the hardworking men and women in the oil and natural gas industry play in Oklahoma’s …

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What’s in Bernie Sanders bill to ban fracking?

  A reading of Sen. Bernie Sanders’ fracking ban bill, the one he introduced last Friday in the U.S. Senate contends hydraulic fracturing is not in the national interest of the United States. If it were to become law, it would impact virtually every oil and gas company in Oklahoma and other states. Officially, it …

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Elizabeth Warren’s Oklahoma gas connections haunt her political campaign

  Sen. Elizabeth Warren apparently has something of a political skeleton in her closet.  And it involves oil and gas connections in southeast Oklahoma. The Wall Street Journal reported it over the weekend and the DailyWire.com echoed the story about some critics might say shows hypocrisy on Warren’s part as she runs for President, decrying …

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EVs make big splash in Super Bowl ads

The Super Bowl TV ads draw nearly as much attention as the game itself, but this year as fans watched the Kansas City Chiefs come from behind for a win over the San Francisco 49ers, they were treated to not one, but several ads pushing electric vehicles. POLITICO’s Morning Energy Report explained: SUPER BOWL ADS …

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E. coli found in drinking water in Panhandle town of Turpin

Water problems for a rural water system in the Oklahoma Panhandle. E. coli’s been discovered. A boil order has been issued by the Oklahoma Department of Environmental Quality for customers and users of the Beaver County Rural Water District #1 which covers the town of Turpin. The DEQ says customers should only use water that …

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Chesapeake eliminates compensation plan for some directors

Oklahoma City-based Chesapeake Energy has eliminated some of its compensation plan for its members of the board of directors, but the company did not give an explanation of why it initiated the move. Revelation came in a recent filing the company made with the U.S. Securities Exchange Commission. It stated that the Board of Directors …

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