The Oracle from Omaha is at it again. Berkshire Hathaway Inc., the firm founded and operated by investment guru Warren Buffett, is increasing its holdings in Phillips 66. The company manages a U.S. stock portfolio amounting to nearly $130 billion. A regulatory update filed on Monday with the U.S. Securities and Exchange Commission …
2016 archive
Completion Reports August 17, 2016
BLAINE COUNTY Continental Resources Inc Mississippian Ex Chester: Oil 2513 Gas 6148 Water 421 Flow 9 16N 12W Madeline 1-9-4xh, June 06, 2016 HH, OIL, TD: 20398 ft Lat: 35.87109, Long: -98.48480 API: 35011235800001 Continental Resources Inc Woodford(14213): Gas 4893 Water 2832 Flow 20 14N 13W Watson South 1-20-29xh, July 09, 2016 HH, GAS, TD: …
Permits to Drill August 17, 2016
Beckham County KLOPFENSTEIN 16-11-23 #1HB, August 16 2016 21 11N 23W NENENENE API: 00921979 Lat: 35.42121689623471, Long: -99.62967965812607 ENERVEST OPERATING LLC HH, DR, 18525 ft, MARMATON(13125) Carter County LEDBETTER #1-A, August 16 2016 06 1S 3W CN2NWNE API: 01926228 Lat: 34.50593789489934, Long: -97.55149537180147 PRUITT OPERATING COMPANY LLC SH, DR, 4000 ft, HOXBAR(2700), DEESE(3000) Coal County …
SandRidge Records $516 Million Loss for 2Q
Oklahoma City-based SandRidge Energy, Inc. recorded a net loss of $516 million, or 73 cents a share, in the second quarter of 2016, according to the company’s quarterly report recently filed with the U.S. Securities and Exchange Commission. That compares to a loss of $1.6 billion, or $2.78 a share, in the second quarter one …
Crude Oil Continues Momentum on Monday
Crude oil futures soared on Monday as investors were buoyed by hopes of a future plan by OPEC implementing production limits, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, September West Texas Intermediate crude tacked on $1.25, or 2.8%, to settle at $45.74 a barrel—the highest settlement since July 15. October Brent crude, …
Templar Energy Announces Agreement to Restructure $1.45B Debt
Oklahoma City-based Templar Energy LLC and its affiliates announced on Monday that it has reached an agreement with most of its lenders to restructure $1.45 billion in debt and reorganize the company, according to a report by The Oklahoman. Under terms of the restructuring support agreement, the $1.45 billion in debt would be converted into …
Three New Independent Directors to be Added to Williams Board
The Williams Companies announced on Monday that it intends to appoint three new independent directors to its Board of Directors, prior to the company’s annual meeting, according to a Williams press release. The Tulsa-based pipeline company will expand the board to 10 directors, all of whom will stand for election at the company’s annual meeting set …
Completion Reports August 16, 2016
BLAINE COUNTY Cimarex Energy Co Mississippian: Oil 1896 Gas 8906 Water 1005 Flow 28 16N 12W Peterson 1h-2821x, June 26, 2016 HH, OIL, TD: 21286 ft Lat: 35.82753, Long: -98.48068 API: 35011235830000 ELLIS COUNTY Le Norman Operating Llc Tonkawa: Oil 211 Gas 1246 Water 98 Flow 19 17N 23W Cripple Bear 2h-30, April 26, 2016 …
Permits to Drill August 16, 2016
Dewey County HOYT 3 OB ##1HCG, August 15 2016 03 17N 17W SESWSWSE API: 04323474 Lat: 35.97179325492025, Long: -98.99864237451541 MEWBOURNE OIL COMPANY HH, DR, 12615 ft, COTTAGE GROVE(7900)
AIRIS Completes Dust Control Support for Atalaya’s Barnett Well in Elk City
Tulsa-based AIRIS Wellsite Services, a leading expert in dust control solutions to the oil and gas industry, announced completion of another regional dust containment project, according to a company press release issued on Friday. Atalaya Resources contracted with AIRIS to provide full dust control support in order to protect the health and safety of all onsite personnel …
