American Electric Power Co. Inc., parent company to Public Service Company of Oklahoma, plans to continue investing in clean energy resources to build on its planned acquisition of wind projects in Oklahoma, despite lingering uncertainty from the coronavirus pandemic and the upcoming U.S. elections. “The way I see it is we are just on …
Tulsa-based Laredo Petroleum, Inc. expanded its Permian Basin holdings in West Texas with a more than $11 million acquisition of nearly 2,800 acres in Howard County. The company said its acquisition of the 2,758 net acres included production of 210 barrels of oil equivalent a day of which 80% is oil. The price was …
“The sooner the merger is closed, the sooner we can integrate the organizations and become one Devon.” (SEC filing) Devon Energy and WPX energy made it clear in a filing with the Securities and Exchange Commission—the faster their merger can be completed the better. In Friday’s filing with the SEC, Devon stated, “Both the Devon …
For the first time, the State of Oklahoma has developed a statewide plan for public transportation that unites urban and rural transit services by laying out mobility priorities for the next 20 years. On Friday, Oct. 23, the draft Oklahoma Public Transit Policy Plan was released to the public by the Oklahoma Department of …
SandRidge Mississippian Trust II announced a distribution of approximately $6.2 million, or $0.125 per unit, reflecting the net proceeds received from the sale of the Trust’s assets to SandRidge Energy, Inc. on September 10, 2020. The trust owned royalty interests in the Mississippian formation in Alfalfa, Grant, Kay, Noble and Woods counties in northern …
Alliance Resource Partners, L.P. announced a more than 39% increase in its third quarter earnings as they reached nearly $356 million. The Tulsa-based company said its net income rose 158% to $27.2 million or 21 cents a basic share and EBITDA climbed 146% to $118.8 million as compared to the second quarter of 2020. …
