NGL hopes to land more investors at Las Vegas conference

Leaders of Tulsa’s NGL Energy Partners LP are attending this week’s 2019 Citi One-on-One MLP/Midstream Infrastructure conference in Las Vegas. Members of the management team are meeting with investors in an effort to attract more and new money to the energy company. NGL’s slide presentation referenced at the Conference is available on NGL’s website at www.nglenergypartners.comon …

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Kingfisher County sees more multi-well drilling on single pads

Oklahoma City-based Chaparral Energy LLC reports completions of 11 wells on 3 separate pads in Kingfisher County.  The largest combination of 4 of the wells saw production of 1,265 barrels of oil a day. The four Jester 1606 wells at 3 16N 6W were drilled in October of 2018 and had completions in April 2019. …

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Pipeline opponents have pointed questions for Democratic presidential candidates

Bold Nebraska, the environmental group that arose in opposition to the Keystone XL pipeline a few years ago now is asking some pointed questions of the Democrats who want to be President. The main question, according to Bold Nebraska’s latest emailed release is, “Will you reverse President Trump’s reckless, unilateral action to approve a permit …

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Pipeline holes creating problems for Luther family

Channel 4 TV reports a Luther family said a calf has survived a fall into a hole on their property but that’s just the tip of the iceberg of a problem they’ve been facing. A longtime News 4 employee alerted us to the safety hazard that she and her family have been watching develop for …

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Third trial delay granted in Chinese corporate theft case in Bartlesville

Yet another delay has been approved in the trial of a 35-year old Chinese National accused of stealing corporate secrets from Phillips 66 offices in Bartlesville, Oklahoma. U.S. District Judge Gregory K. Frizzell in Tulsa recently approved setting a trial date for Sept. 16, 2019 for the criminal charges against Hongjin Tan. It is the …

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Groups sue EPA over ethanol rules

A collection of pro-biofuels and agriculture groups has sued EPA over a provision of its E15 rule that they say has effectively prohibited the sale of ethanol blends ranging from 16 to 50 percent, below the threshold to be classified as the E85 used in flex fuel vehicles according to POLITICO’s Morning Energy Report. The groups have …

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ONEOK offers $2 billion in notes

A day after filing a prospectus with intentions to offer notes, Tulsa’s ONEOK made a a filing with the Securities and Exchange Commission detailing a $2 billion offer in notes. The company’s  SEC filing laid out what notes will be offered, their due dates and how much value the notes will have. The offering includes …

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Network of executives plays role in Oklahoma Governor’s administration

With no background in government or politics, Oklahoma Gov. Kevin Stitt has leaned on his business background to find people to serve in his administration according to a report by Oklahoma Watch. And like many business leaders, he’s turned to both personal and formal networks. One of those got noticed in some circles: YPO, formerly …

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EPA says RFS waivers are ‘confidential’

The EPA will not identify the 31 refineries that received renewable fuel stand waivers announced last week. The waivers were from annual renewable volume obligations and created more bipartisan pressure from corn and oil states on the Trump administration. EPA’s announcement included the rejection of six other exemption applications, along with a statement of intent …

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Pipeline Trust closes on $120 million in senior notes offering

CorEnergy Infrastructure Trust, Inc., the Kansas City-based real estate investment trust that owns pipelines and storage terminals reports it has closed a previously announced offering of $120 million in senior notes. The closing involved 5.875% convertible senior notes due 2025. The offering resulted in nearly $116 million net proceeds to CorEnergy after deducting the initial …

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