January 2016 archive

Quapaw Tribe Rejects Tar Creek Superfund Settlement from DOJ

“This is an injustice”—Quapaw Tribe Chairman John Berrey.

The Quapaw tribe of Oklahoma is rejecting a $15 million settlement proposed by the Justice Department over the Tar Creek Superfund Site, the largest superfund site in the U.S. Tribal l…

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Despite Positive News Crude Creeps Lower on Friday

Despite positive economic news in the U.S. worries about China and oversupply pushed crude prices lower on Friday. February West Texas Intermediate crude lost eleven cents to settle at $33.16 a barrel on the New York Mercantile Exchange. February Brent…

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Selling an Asset Bolsters NGL Energy Partners Balance Sheet

NGL Energy Partners has firmed up its ability to pay for its future projects by selling TransMontaigne GP LLC (TLPGP) to an affiliate of ArcLight Capital Partners for $350 million in cash. The deal would move the two percent general partner interest an…

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Completion Reports January 11 2016

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Permits to Drill January 11 2016

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Falling Energy Prices Take Big Toll on Nation’s Rig Count

A stunning and dramatic loss of 34 oil and gas rigs was reported nationally in the past week according to Baker Hughes Company of Houston, Texas, the firm that monitors rig activity across the U.S. It reflects the tumbling oil and gas prices and their …

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List of Earthquake Speakers for Rep. Morrissette’s Public Hearing

Oklahoma City Rep. Richard Morrissette is moving ahead with plans for a Jan. 15 public hearing at the State Capitol to discuss earthquakes and the response of the state. Already he has a long list of experts and others who plan to speak at the day-long…

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SandRidge Energy Suspends Dividend Payments

Two days after the New York Stock Exchange removed SandRidge Energy Inc. from trading because of what it called”abnormally low” stock prices, the Oklahoma City-based company announced Friday it was suspending payment of a semi-annual dividend on …

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SandRidge Energy Suspends Dividend Payments

Two days after the New York Stock Exchange removed SandRidge Energy Inc. from trading because of what it called”abnormally low” stock prices, the Oklahoma City-based company announced Friday it was suspending payment of a semi-annual dividend on shares…

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Geological Survey Director Supports State in Response to Earthquakes

While Democrats and homeowners might be critical of the way the Oklahoma Corporation Commission is responding to the new swarm of earthquakes in the state, one man who stands firmly behind the response is Dr. Jeremy Boak. He is the director of the Okla…

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