Tulsa’s Sheehan Pipe Line Construction Company Files For Chapter 11 Bankruptcy

Tulsa-based Sheehan Pipe Line Construction Company filed for Chapter 11 bankruptcy Friday in U.S. Bankruptcy Court for the Northern District of Oklahoma, according to a Tulsa World report. The Chapter 11 bankruptcy filing lists both Sheehan’s estimated assets and liabilities as being somewhere in the $50 to $100 million range. The company’s estimated number of …

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Sen. Lankford Could Not Support New Energy Bill—-Called it Flippant Spending of Taxpayer Dollars

When the U.S. Senate gave overwhelming approval to the nation’s new energy bill, it did not have the support of Oklahoma U.S. Senator James Lankford. “I cannot support legislation that uses taxpayer dollars flippantly,” said the Republican Senator in a statement after the Wednesday morning vote. “The bill encourages an expansion of federal land holdings …

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OKC Federal Judge Consolidates 11 Antitrust Suits Against Chesapeake Energy

Hit with lawsuits accusing it of antitrust violations and allegations of bid-rigging, Chesapeake Energy has been successful in getting eleven class-action suits consolidated in Oklahoma City federal court. U.S. District Judge Vickie Miles-LaGrange issued the order after several suits were filed following the March federal indictment of former Chesapeake CEO Aubrey McClendon who died later …

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New Lung Association Report Finds Improvement in OKC’s Air Quality

Oklahoma City ranked as the nation’s 24th-most polluted city for ozone but made improvements over 2015 according to the American Lung Association’s 201 “State of the Air” report. “The 201 State of the Air report finds unhealthful levels of ozone in Oklahoma City, putting our local citizens at risk for premature death and other serious …

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Oklahoma Wind Farm Operator Expands into Egypt

Paris, France-based EDF Renewable Energy, a firm with extensive wind farm operations and construction underway in Oklahoma, signed a deal this week to develop operations in Egypt. Three of the five memoranda will involve development of projects in wind power and solar energy in partnership with an Egyptian electric group. Another project will involve thermal …

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Permian Basin Royalty Owners Start Grass-Roots Campaign

Royalty owners in New Mexico and west Texas have started a grass-roots campaign against foreign oil imports. They started their movement with forums this week in the Permian Basin region, all with the goal of saving a major sector of the national economy. Supporters want the next President of the U.S. to issue a proclamation …

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Legislature Hesitates on Consolidation of Scenic Rivers Commission with GRDA

The Oklahoma State legislature’s close to approving a measure to consolidate the Oklahoma Scenic Rivers Commission with the Grand River Dam Authority. Senate Bill 1388 was not approved Tuesday in a State House vote but supporters believe it will eventually win approval. “We’re going to bounce back from this better and stronger than ever,” promised …

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Senex Energy Partners Established by Former Devon Analysts

Five former Devon Energy Corp. senior analysts have joined to create Senex Energy Partners, LLC, Oklahoma City’s newest upstream oil and gas acquisition company. Senex’s founders include John F. Templin II, Ph.D., President and CEO; A. Paul Baclawski, CPG, Vice President and Chief Operating Officer; John H. Graham JR, PE, Vice President of Engineering; Steve T. Whitaker, Vice …

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Crude Oil Futures Rise Above $41 A Barrel

Oil futures snapped a four-day losing streak Tuesday, as a strike by Kuwaiti oil workers and production outages in other parts of the world renewed hopes for a smaller global glut of crude supplies. Natural gas futures jumped nearly 8%, buoyed by weather-related demand for the fuel, according to Bloomberg MarketWatch. May West Texas Intermediate …

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Governor Gives Explicit Powers to Corporation Commission Covering Injection Wells

Oklahoma Governor Mary Fallin signed a bill into law this week giving the State Corporation Commission the explicit power to order the shutdown of any wastewater injection well in the state, a bill that arose from the dispute SandRidge Energy had…

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