August 2018 archive

EPA proposal to allow new uses for asbestos angers critics

While the use of asbestos has been limited in the past, the government is considering new uses for the material suspected of causing cancer and other diseases. The Environmental Protection Agency has proposed rules that could allow for new uses of the product that once was widely used in the construction of homes and office …

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It’s not exactly a bridge to nowhere

  Some red faces no doubt exist at at least one or maybe two federal agencies after they learned a North Dakota rancher wrongly was allowed to build a bridge over the Little Missouri River. The problem with rancher Wylie Bice’s bridge northwest of Killdeer?  One end sits on public land. The other sits on …

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Continental Posts $242.5 Million in Net Income for 2Q 2018 Results

Oklahoma City-based Continental Resources, Inc. announced second quarter operating and financial results on Tuesday, according to a company press release. The Company reported net income of $242.5 million, or $0.65 per diluted share, for the quarter ended June 30, 2018. The Company’s net income includes certain items typically excluded by the investment community in published estimates, the result of …

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PSO Withdraws OCC Wind Catcher Application

After the Texas Public Utility Commission denied an application for the Wind Catcher Energy Connection project, Tulsa-based Public Service Co. of Oklahoma conceded victory and filed to withdraw a similar application for the wind farm before the Oklahoma Corporation Commission on Tuesday. Last week, the Texas Public Utility Commission rejected the certificate of convenience and …

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Bold Nebraska Attacks Keystone XL Draft Environmental Assessment

The U.S. Department of State recently published its Draft Environmental Assessment for the Keystone XL Pipeline Mainline Alternative Route in Nebraska and at least one coalition has expressed vehement opposition to the proposal. Bold Nebraska, a progressive grassroots political advocacy group, has numerous points of contention. The coalition asserts the plan minimizes the impact of …

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Devon Releases August 2018 Investor Presentation

Oklahoma City-based Devon Energy Corporation recently released its August 2018 Investor Presentation. Key elements of the report focus on the following: Concentrated Activity in Delaware Basin and STACK Devon touts its multi-decade growth platform which features over 30,000 potential locations in the Delaware Basin and STACK area. Expanding Cash Flow The company intends to optimize …

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LINN Energy Finalizes Riviera Resources Spin-Off

Houston-based LINN Energy, Inc. announced it has completed the spin-off of Riviera Resources, Inc., according to a company press release issued Tuesday. OK Energy Today previously reported on April 20, 2018 that the company planned to split into two companies – Roan Resources, LLC and Riviera Resources, Inc. The announcement came a year after the …

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Daily Permit Report — August 8, 2018

Blaine County PIPER’S HILL SWD #1-35, August 07 2018 35 15N 13W SWSESESE API: 01124059 Lat: 35.72587363807842, Long: -98.5446036165933 E O K OPERATING LLC SH, DR, 9000 ft, WOLFCAMPIAN(3500), VIRGILIAN(4900), MISSOURIAN(7600) Custer County WINGARD SWD #1-15, August 07 2018 15 14N 14W SENENENW API: 03922548 Lat: 35.69537214749701, Long: -98.6776263014454 E O K OPERATING LLC SH, DR, 10000 …

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Senate Amendment Forces Amtrak to Keep Rail Service on Track for Southwest Chief

A blockbuster move by a Senate bipartisan coalition will require Amtrak to provide $3 million in rail-repair funds to assist with continuity of the Southwest Chief passenger service, according to a recent report published in the Pueblo Chieftain. Six senators from Kansas, Colorado and New Mexico placed an amendment into a national transportation appropriations bill …

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Completion reports for Aug. 7, 2018

BLAINE COUNTY Marathon Oil Company Mississippi(11740): Gas 8531 Water 1479 Flow 8 13N 11W Tom Bia 1311 1-17-8mxh, November 03, 2017 HH, GAS, TD: 21374 ft Lat: 35.61730, Long: -98.39814 API: 35011238180000 Marathon Oil Company Mississippi(11740): Gas 8531 Water 1479 Flow 8 13N 11W Tom Bia 1311 1-17-8mxh, November 03, 2017 HH, GAS, TD: 21374 ft Lat: 35.61730, Long: -98.39814 API: 35011238180000 CANADIAN COUNTY Jones …

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