Yet another scientific study of Oklahoma’s earthquakes and their connection to the energy industry claims it’s the depth of wastewater injection wells that is critical to reducing the number of the seismic events. The journal Science reported this week that a “major” study by the University of Bristol and involving the University of Southampton, Delft …
So much for the $41.5 million assets sale announced just a few weeks ago by Samson Oil and Gas Limited. The Australian-based company with much of its U.S. focus in Colorado, Wyoming, Montana and North Dakota announced the prospective buyer couldn’t get the financing. The deal with Firehawk Oil and Gas LLC of Denver was …
In the Permian Basin of West Texas, getting frack sand can be a challenge these days. That’s why more mining operations are under construction. Atlas Sand Company of Austin says it has obtained financing to complete two fracking sand plants. Atlas joined BlackGold Capital Management to get a $150 million credit line to pay for …
As the founder of Oklahoma City-based Continental Resources, CEO Harold Hamm has had a long working relationship with North Dakota. After all, he was one of the early explorers to bring his horizontal-drilling technology to the state, turning the Bakken shale play into what it is today. And he’s defending its production even after some …
