January 21, 2018 archive

Work Begins on Kilpatrick Turnpike Extension in SW OKC

Construction started earlier this month on the nearly eight-mile extension  of the John  Kilpatrick Turnpike in southwest Oklahoma City near the city of Mustang. It comes as the Oklahoma Turnpike Authority has approved bids totaling $94 million for the first two sections of the project, according to a published report in the Yukon Review. Total cost …

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Dividends Declared by Chesapeake Energy

 Chesapeake Energy Corporation has announced that its Board of Directors has declared dividends on its outstanding convertible preferred stock issues, as stated below. 4.50% 5% 5.75% 5.75% (Series A) NYSE Symbol CHK Pr D N/A N/A N/A Date of Original Issue September 14, 2005 November 8, 2005 May 17, 2010 May 17, 2010 Registered CUSIP 165167842 …

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Governor Fallin Changes Call for Return of Legislative Session

In an amended call for the second special session of the Oklahoma legislature, Governor Mary Fallin included a proposal to increase the gross production tax on oil and gas and to raise the tax on gasoline and diesel sold at the pump. Her call wants to increase the current 2 percent tax to 4 percent …

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Federal Government Announces Study in Eagle Ford

WildHorse Resource Development Corporation (NYSE:WRD) announced today that it has been selected for a Department of Energy study alongside the Texas A&M Engineering Experiment Station (TEES) to develop a new field laboratory in the Eagle Ford formation. The team, which has been awarded an $8 million grant from the Department of Energy (DOE) for research …

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Attorney General Fights to Keep Report Secret—-Wants Lawsuit Dismissed

Oklahoma Attorney General Mike Hunter is pushing ahead with his fight to keep secret a State Auditor’s report on alleged wrongdoing by the Trust that handled buyouts at the Tar Creek Superfund site. In a recent court filing in response to the lawsuit filed by Washington D.C.-based Campaign for Accountability, the attorney general said the …

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Rig Count Remains Steady in Oklahoma But Drops Nationwide

Oklahoma’s oil and gas drilling rig count at 121 in the past week while the national rig count fell by 3 to reach 936. Baker Hughes Co. and the Red Top Rig Report based in Wichita, Kansas reported new figures. Nationally, the number of oil rigs fell by 5 to reach 747 while the number …

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