February 2016 archive

Invenergy Snares Another Big Electrical Power Deal

Invenergy, the Chicago-based wind energy company with operations throughout Oklahoma announced this week the signing of a 120 MW wind power purchase agreement to provide EM with renewable energy largely from its Gunsight Wind Energy Center located in T…

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Black Mountain Gets $150 million Commitment

Fort Worth-based Black Mountain Oil and Gas LLC has announced the closing of a $150 million equity commitment from Natural Gas Partners through NGP Natural Resources, XI, L.P.
“Our partnership with NGP will allow us to evaluate a broad opportunity set…

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Black Mountain Gets $150 million Commitment

Fort Worth-based Black Mountain Oil and Gas LLC has announced the closing of a $150 million equity commitment from Natural Gas Partners through NGP Natural Resources, XI, L.P.
“Our partnership with NGP will allow us to evaluate a broad opportuni…

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EPA Administrator Taken to the Wood Shed over WOTUS

In case you missed it! Gina McCarthy, head of the Environmental Protection Agency was taken to the woodshed in a recent appearance before the U.S. House Agriculture committee.
She was scolded and accused of violating federal law in the implemen…

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EPA Administrator Taken to the Wood Shed over WOTUS

In case you missed it! Gina McCarthy, head of the Environmental Protection Agency was taken to the woodshed in a recent appearance before the U.S. House Agriculture committee.
She was scolded and accused of violating federal law in the implementation…

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Supply and Demand Worries Plague Crude Prices on Thursday

Another down day for crude oil which helped pull stock markets lower around the globe. March West Texas Intermediate crude lost $1.24 to settle at $26.21 a barrel on the New York Mercantile Exchange. April Brent crude slipped 78 cents to end trade at $…

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Harold Hamm To Be Inducted into Horatio Alger Association

Continental Resources Founder, Chairman and Chief Executive Officer Harold Hamm can add a new title, inductee to the Horatio Alger Association of Distinguished Americans. Horatio Alger, Jr. was an author who focused on the merits of honest, courage and…

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Completion Reports February 12 2016

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Permits to Drill February 12 2016

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State Budget Hole Grows—-Oil and Gas Downturn Blamed

State finance officials broke the news Thursday afternoon that the Oklahoma government budget hole will grow to $1.3 billion, not $900 million and certainly not $1.1 billion as some had speculated as the state legislature returned to work. And the down…

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