December 2017 archive

Production Records Squabble Develops for One STACK Operator

A Texas exploration company with a strong presence in Oklahoma’s STACK finds itself in a battle with a southwestern Idaho couple over production records. Randy and Thana Kauffman made a formal complaint with the Idaho Oil and Gas Conservation Commission, asking to have records produced by Alta Mesa .   “The state of Idaho is …

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SandRidge Responds to Icahn’s Criticisms of Energy Purchase

Oklahoma City-based SandRidge Energy is responding in its public battle with investor Carl Icahn, calling some of his criticisms of its recent acquisition of a Colorado energy company “inflammatory.” In a filing made Monday, Dec. 11 with the Securities and Exchange Commission, SandRidge Senior Vice President and General Counsel Philip T. Warman laid out responses …

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Tar Creek to Get Immediate EPA Attention in New National List

Oklahoma’s Tar Creek Superfund site is one of 21 sites on a newly-released list targeted for immediate and intense attention from the U.S. Environmental Protection Agency. EPA Administrator Scott Pruitt released the list in direct response to the Superfund Task Force Recommendations issued this past summer. “By elevating these sites, we are sending a message …

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Permits to Drill Nov. 30-Dec. 6, 2017

OUNTY Well name Operator HOLE PERMIT SCTN TWN RNG SPOT Approval Date Scan Date API Document Alfalfa KEITH 2512 2H-27 A MIDSTATES PETROLEUM HH DR 27 25N 12W SE SE SE SW Dec-01-2017 Dec-01-2017 00323298 500620519 Atoka  CAIRO 4-31/30H BRAVO ARKOMA LLC HH AM 31 2N 12E NE SE SE SW Dec-04-2017 Dec-04-2017 00520463 500621122 …

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Inhofe, Lankford and Others Get Marching Orders on Biofuels Compromise

Oklahoma U.S. Senators Jim Inhofe and James Lankford and a handful of other oil-state Republicans have their marching orders from President Trump when it comes to a biofuels compromise. “Trump wants us to come to him with something that’s going to make both sides happy, and I believe we can do it and believe he …

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Chesapeake Exec to Keynote National Convention in Houston

Chesapeake Energy President and Chief Executive Officer Doug Lawler will be the keynote speaker at the 2018 NAPE Global Business conference in Houston. His address will be part of the 25th annual NAPE Summit week taking place Feb. 5-9, 2018. “NAPE’s 25th Anniversary is occurring during a pivotal time in our industry. While production levels are …

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Fledgling OKC Energy Firm Wraps up $285 million Purchase in Williston Basin

Oklahoma City’s based Valorem Energy, LLC has closed on its acquisition of LINN Energy, Inc.’s Williston Basin interests in a $285 million deal. Backed by Kayne Private Energy Income Fund, L.P., the fledgling independent oil and natural gas company purchased nearly 20,000 net acres in North Dakota, South Dakota and Montana. It includes an estimated …

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Tallgrass Energy Makes $250 million Offering

Tallgrass Energy Partners LP is trying to come up with more cash by making a $250 million offer of some of its senior notes that are due in 2028. Based in Leawood, Kansas, a suburb of Kansas City, the company’s offering involves 5.50% Senior Notes.  Tallgrass and Tallgrass Energy Finance Corp., a subsidiary of TEP …

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Summons Served in Lawsuit Over Tarcreek Superfund Buyout Audit

Updating the open records lawsuit filed by a Washington, D.C. based nonprofit watchdog against the state over the Tar Creek Superfund buyouts, the case has been assigned an Oklahoma County District court judge. The Campaign for Accountability filed suit in late November against Attorney General Mike Hunter and Oklahoma Auditor and Inspector Gary Jones, accusing …

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Pruitt Survives First Congressional Hearing Since Taking Over at EPA

EPA Administrator Scott Pruitt’s come away from his first meeting with members of congress since he took office.  While Democrats on the House Energy and Commerce Committee wanted to perhaps bloody his nose, it appears Pruitt came away none the worse off as he fielded questions about his controversial handling of the agency. In the …

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