June 14, 2018 archive

SandRidge Energy shareholders are hit with more proxy claims from board and Carl Icahn

With the annual shareholders meeting of SandRidge Energy set for June 19, the company’s board of directors continues its sparring with activist investor Carl Icahn. Directors sent yet another letter to shareholders urging them to re-elect all five directors as well as two nominees from Icahn’s camp. And he did the same. “Icahn is seeking …

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Corporation Commission to vote Friday on lower OGE utility bills

The Oklahoma Corporation Commission is moving quickly to adapt the historic $64 million OGE rate reduction agreement reached with Attorney General Mike Hunter. The Commission has the item on its Friday morning agenda for a vote on the Cause No. PUD 201700496 to lower utility bills beginning next month. Part of the agreement involves a …

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Permits to drill June 7-13

This weekly report includes new Permits that have been Approved (or existing permits that have been Amended) between June 7th and close of business on June 13th.  There are two links on each line: – The SPOT link will take you to the well location on Google Maps.  So, if you need it, this will …

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Completion reports for June 7-13

Here is the Weekly Completions Report.  The table below provides a summary of the Completion tickets (Form 1002A) that have been published between June 7th and close of business on June 13th. The table includes the Initial Production data for Oil (b/d), Gas (MCF/d) and Water (b/d). There are two links in the table: – The SPOT …

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Biofuels plant burns in SW Kansas

A fire that badly damaged a biofuels plant in western Kansas and forced the evacuation of nearby rural homes was extinguished Wednesday night. The Clark County Sheriff’s office indicated there were no injuries reported from the fire at the EGE plant near the town of Minneola. The fire started about 12 p.m. and six hours …

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AG’s office flooded with Open Records requests about Scott Pruitt

One thing Scott Pruitt’s done since becoming the administrator of the Environmental Protection Agency is create a flood of Open Records requests at the office of Oklahoma Attorney General. National and state news organizations want to know more about Pruitt’s dealings when he was attorney general. They started making their Open Records requests when Pruitt …

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Oklahoma wind farm operator to build major plant in northern Iowa

California-based EDF Renewables, a firm with two major wind farm operations in Oklahoma has announced the signing of a contract to build a major wind project in northern Iowa. It made the agreement with Alliant Energy for construction and development of up to 200 megawatts of the Golden Plains Wind Project in Winnebago and Kossuth …

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Another company bails out of Raton Basin in SE Colorado

Dallas based Pioneer Natural Resources Company has announced the sale of its southeastern Colorado assets for $79 million, thus becoming yet another company bailing out of the Raton Basin. The company sold its assets in the Raton Basin to Evergreen Natural Resources LLC and the sale should be finalized by the end of July. The …

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North Dakota okays refinery next to national park

Environmentalists and conservation groups don’t like the decision but the State of North Dakota has approved a permit for construction of an oil refinery near the Theodore Roosevelt National Park. The decision by the North Dakota Health department in support of the Davis Refinery is considered a major victory for Meridian Energy Group based in …

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Decision by Army Corps of Engineers in Tulsa stuns Senator

Oklahoma U.S. Sen. James Lankford calls it “unbelievable.” The U.S. Army Corps of Engineers did not include funding for improvements to Tulsa’s levee system, one rated as one of the worst in the nation. “For two years, Congress has given the Corps the tools to tackle this project, which has been identified by the Corps …

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