The SANDRIDGE PERMIAN TRUST announced a distribution of approximately $3.9 million, or $0.075 per unit this week. The distribution is based on royalty interests of wells in the Central Basin Platform of the Permian Basin in Andrews County, Texas. The distribution is expected to occur on or before February 26, 2021 to holders of …
Williams plans to announce its fourth-quarter and full-year 2020 financial results after the market closes on Monday, Feb. 22, 2021. The Tulsa company’s fourth-quarter and full-year 2020 earnings conference call and webcast with analysts and investors is scheduled for Tuesday, Feb. 23, 2021, at 9:30 a.m. Eastern Time (8:30 a.m. Central Time). Williams reported net …
Tulsa’s major coal and energy firm, Alliance Resource Partners, L.P. is seeing better days. The company reported improved financial and operating performance for the quarter ended December 31, 2020 compared to the quarter ended September 30, 2020 . Increased coal sales and oil & gas royalty revenues drove total consolidated revenues higher by 3.1% …
The state of New Mexico is fighting a federal court order that moves its “forever chemicals” lawsuit from New Mexico to South Carolina. The New Mexico Environment Department and the Attorney General filed a writ of mandamus this week asking the Fourth Circuit Court to vacate its decision and send the case back to …
Ovintiv Mid-Continent Inc. showed it isn’t finished filing completion reports on big producing wells drilled last year. The latest were in Canadian County which is part of the STACK play and southeast of Okarche where the company had been active in the past year. All five were Brueggen wells, three drilled at a single …
Siemens, the German-based company that provided many of the wind turbines in Oklahoma announced it plans to slash nearly a sixth of its workers worldwide. The company said the layoffs will be in its gas and power division and represents a sign of a worldwide shift to green energy. Bloomberg reported that Siemens will …
