“BizJet’s work turned out to be disastrous.” Claim in lawsuit. Tulsa-based BizJet finds itself on the wrong end of a lawsuit filed by a Florida company accusing it of providing “grossly negligent servicing” of the firm’s Gulstream jet. The firm named Moon, Sun and Stars Inc. and its parent company Monsoon Inc. filed suit …
When the U.S. House passed the National Defense Authorization Act recently, it included some energy related amendments offered by Oklahoma Rep. Jim Bridenstine. HR 4909 included one amendment to expand U.S. Liquefied Natural Gas Exports. It codifies the 30-day limit for the Department of Energy to issue final decisions on the LNG export applications. Another …
The passage of the bill creating a $12.5 million cap on tax credits for at-risk oil and gas wells in Oklahoma by the State House didn’t come without some opposition. Although the 93-2 passage didn’t appear to offer much opposition, two Representatives, Cory Williams, a Democrat from Stillwater and Mike Brown, a Democrat from Tahlequah …
The City of Albuquerque, New Mexico is considering a move to joint other communities in setting goals to acquire more electricity from renewable resources including solar production. The City council voted recently to delay a decision for two weeks on a resolution to get at least 25 percent of the electricity from solar …
In a shocking move while burning the midnight oil prior to sine die adjournment, the Oklahoma House of Representatives suspended the rules late Thursday night and introduced an untimely filed amendment to Senate Bill 1577 which aims to cap the at-risk oil and gas well tax credit at $12.5 million annually for calendar years 2015-2020. …
Crude oil futures finished lower on Thursday as a possible June rate hike by the U.S. Federal Reserve factored into investor uncertainty, according to Bloomberg MarketWatch. June West Texas Intermediate crude fell 51 cents, or 1.1%, to end trading at $47.68 a barrel on the New York Mercantile Exchange. Earlier in the day, WTI traded …
CANADIAN COUNTY Citizen Energy Ii Llc Woodford: Oil 79 Gas 1503 Water 1431 Pump 31 11N 6W Sofia 1h-31, January 30, 2016 HH, GAS, TD: 15400 ft Lat: 35.37797, Long: -97.86753 API: 35017248660000
Dewey County MCCORMICK 3-19-20 #1H, May 19 2016 03 19N 20W S2S2SWSE API: 04323461 Lat: 36.145366137114095, Long: -99.31770776772923 TAPSTONE ENERGY LLC HH, DR, 17000 ft, MISSISSIPPIAN(12400) Ellis County ROPER 21-20-24 #1HA, May 19 2016 21 20N 24W SESWSWSW API: 04523608 Lat: 36.18823372166322, Long: -99.77316404408843 FOURPOINT ENERGY LLC HH, DR, 13727 ft, CLEVELAND(8490) Grady County FIREFLY …
An attorney who filed a class-action lawsuit in southern Oklahoma accusing SandRidge Energy of the same kind of conspiracy allegations leveled in federal lawsuits does not believe the company’s Chapter 11 bankruptcy will affect his suit. Attorney Jim Sill responded after SandRidge attorneys filed a stay for the suit in Stephens county, according to a …
Another Texas-based exploration and production company with deep interests in Oklahoma reports it experienced a net loss of $29 million in the first quarter of the year. EV Energy Partners, L.P. based in Houston says the loss figured to $0.58 per basic and diluted weighted average limited partner unit. The adjusted earnings before taxes …
