Natural gas producer Ascent Resources Utica Holdings, LLC announced an offering of senior notes due in the coming years. The Oklahoma City company made the offering of its 10% Senior Notes due 2022 and 9% Senior Notes due 2027 and stated that the maximum principal amount would be $538 million. Click here to view the …
Oklahoma energy related companies had another weak showing when trading of stocks ended on Friday. Alliance Resource Partners ended the day up 4 cents for a 1.30% gain to $3.12. Blueknight Energy Partners finished down 3 cents for a 2.11% decline to $1.39. Chesapeake Energy was unchanged at $5.30. Continental Resources …
Groundbreaking for $25 million in new buildings and renovation of others has been held by the Cherokee Nation in Tahlequah. Cherokee Nation leaders say their Respond, Recover and Rebuild projects include construction of eight new facilities and the remodeling of four others in response to COVID-19. The projects range from PPE manufacturing and space …
ConocoPhillips announced that its board of directors has elected Eric Mullins to serve as a board member. Mullins has spent his career in finance, most recently founding Lime Rock Resources in 2005, a private equity fund focused on acquiring and developing low-risk oil and gas properties, where he currently serves as co-chief executive officer. …
Oil futures suffered from a second consecutive weekly decline on Friday, pressured by worries over the outlook for demand and a climb in U.S. crude supplies. West Texas Intermediate crude for October delivery edged up by 3 cents, or 0.08%, to settle at $37.33 a barrel on the New York Mercantile Exchange, with prices logging …
Oklahoma’s Department of Transportation has been awarded a $22 million U.S. Department of Transportation grant to make improvements to a two-lane Bridgeport Bridge on US 281 and Route 66 in Caddo and Canadian Counties. Rep. Frank Lucas said the BUILD Grant will help reconstruct the historic bridge. “The investment made by the U.S. Department …
Houston-based Ovintiv Mid-Continent Inc. is one of the first producers to report some of the first major producing oil wells in Oklahoma in months as it completed two groups of family wells in Kingfisher County. The company’s 5 wells were completed at the outset of the COVID-19 pandemic which has resulted in a near …
Stillwater, Oklahoma won’t be losing service by American Airlines after all. The airline has hanged its mind about suspending air service beginning in October. News 9 reports Stillwater will not be one of 15 regional airports across the nation where American would suspend service. According to American, the decision was based on low advanced …
Completion reports filed on September 11, 2020. HUGHES COUNTY Antioch Operating Llc Mississippian: Gas 1667 Water 1287 Flow 3 8N 12E Tiger 3328-1hxm, May 21, 2019 HH, GAS, TD: 13320 ft Lat: 35.20140, Long: -96.03341 API: 35063248460001 KINGFISHER COUNTY Ovintiv Mid-continent Inc. Mississippian (less Chester)(8934): Oil 532 Gas 1067 Water 1215 Flow 13 16N 9W Alan 1609 6h-13x, March 16, 2020 HH, OIL, TD: 19380 …
Permits to drill issued on September 11, 2020. Canadian County ROYSTER #3H-21-16, September 11 2020 21 11N 7W SWSESESW API: 01725627 Lat: 35.40715661137414, Long: -97.94786173820643 CITIZEN ENERGY III LLC MU, DR, 20967 ft, MISSISSIPPIAN(10400) Canadian County ROYSTER #2H-21-16, September 11 2020 21 11N 7W SWSESESW API: 01725628 Lat: 35.40715661719098, Long: -97.94796240591675 CITIZEN ENERGY III LLC MU, DR, …
