April 12, 2016 archive

Oil Futures Reach Highest Settlement of 2016

Oil futures rallied to their highest settlement of 2016 on speculation that Saudi Arabia and Russia have reached a deal to stabilize production ahead of an OPEC meeting in Qatar this weekend.
Adding further support to prices, a U.S. government agency …

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Completion Reports April 13, 2016

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Permits to Drill April 13, 2016

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Earthquake Protesters Want Legislators to Listen

Nearly 100 protesters gathered Tuesday at the State Capitol for an “Earth (Quake) Rally” sponsored by the Sierra Club and other activists fighting for more regulations on the oil and gas industry to stop the plague of earthquakes in the state.
They he…

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SandRidge Energy Added to Earthquake Lawsuit by Sierra Club

While the Oklahoma Sierra Club was preparing for an “Earth (Quake) Day” protest at the state capitol, its attorneys with Public Justice based in Washington, D.C. were filing an amended lawsuit naming SandRidge Energy as another defendant accused …

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SandRidge Energy Added to Earthquake Lawsuit by Sierra Club

While the Oklahoma Sierra Club was preparing for an “Earth (Quake) Day” protest at the state capitol, its attorneys with Public Justice based in Washington, D.C. were filing an amended lawsuit naming SandRidge Energy as another defendant accused of cau…

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Marathon Dumps Nearly $1 billion More in Assets

Houston-based Marathon Oil Corporation has sold nearly $1 billion of its assets in a recent deal involving its Wyoming upstream and midstream assets. Makes a total of $1.3 billion in assets the company has unloaded since August.
Marathon did not…

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Marathon Dumps Nearly $1 billion More in Assets

Houston-based Marathon Oil Corporation has sold nearly $1 billion of its assets in a recent deal involving its Wyoming upstream and midstream assets. Makes a total of $1.3 billion in assets the company has unloaded since August.
Marathon did not ident…

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What Chesapeake Did to Get $4 billion in Credit Line

In order to get a new $4 billion line of credit this week, executives at Oklahoma City-based Chesapeake Energy Corporation nearly had to sell their souls. What they did was to put up nearly all of the company’s natural gas fields to reach an agre…

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What Chesapeake Did to Get $4 billion in Credit Line

In order to get a new $4 billion line of credit this week, executives at Oklahoma City-based Chesapeake Energy Corporation nearly had to sell their souls. What they did was to put up nearly all of the company’s natural gas fields to reach an agreement …

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