March 27, 2021 archive

Trading of Unit Corporation stocks resumes

  Six months after Unit Corporation emerged from Chapter 11 bankruptcy and obtaining new financing, the company won approval to be traded on the OTC Pink. The Tulsa-based company said a broker deal was approved by the Financial Regulatory Authority to initiate a priced quotation of the firm’s common stock under the ticker symbol “UNTC.” …

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Rig counts increased in Oklahoma and across the US

  The number of oil and gas rigs active in Oklahoma and the U.S. grew n the past week with Oklahoma’s count increasing by one to 17 and national numbers growing by six to 417. It appears increased oil prices are slowly attracting more drilling interest as reflected in Oklahoma by growing numbers of permits …

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Invenergy wins financing for AEP wind project in Oklahoma

  Another leg of American Electric Power’s three wind-farm power project in Oklahoma was able to secure construction financing. Invenergy obtained the money to build its 999 MW Traverse wind Energy center in Custer, Blaine and Kingfisher counties. Traverse is the largest of the three wind farms developed by Invenergy for AEP according to a …

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Senator makes his point about reality of hitting zero emissions by 2050

    Oklahoma U.S. Sen. James Lankford used his questions during a Senate Committee Hearing on nuclear energy to point out the efforts of the Biden administration and its environmental supporters to reach zero emissions by 2050 would mean at least 100 or more new nuclear energy power plants would be needed. He pressed his …

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Oil bounced back again on Friday—investors wonder what Monday will bring

    Amidst growing pressure over a container ship’s blocking of the Suez canal and its impact on natural gas prices and other energy aspects, oil prices rebounded on Friday bringing Oklahoma energy stocks with it. West Texas Intermediate crude for May delivery went up $2.41 to finish the day at $60.97 a barrel in …

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10-Digit Dialing begins in April for 405 area code

  Changes are coming for telephone customers in the 405 area code in Oklahoma. Starting April 24, all local calls within 405 will require 10 digit dialing (area code + local number) according to an announcement by the Oklahoma Corporation Commission. The agency stated that the move to 10-digit dialing for local 405 area code calls …

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