Oklahoma City-based Chesapeake Energy is out with a new business strategies report showing its strategic goals. The company, in the September 2018 update indicated its goals include better margin enhancement, free cash flow neutrality and an improved net debt to EBITDA ratio. The new strategy cited another goal is restoring the balance sheet. The company …
Roan Resources, Inc. announced this week the closing of the reorganization agreement entered into on September 17, 2018 between Roan Holdings, LLC and Linn Energy, Inc. As a result of the transactions, Roan Resources, Inc. has consolidated 100% of the equity interest of Roan Resources LLC., through its wholly owned subsidiaries. The completion of this …
The 2018 Oklahoma Brownfields Conference continues in Oklahoma City through Sept. 28, 2018, at the Skirvin Hotel, located at 1 Park Ave. The conference will attract realtors, developers, attorneys, architects, and engineers to hear about redeveloping property with environmental impacts, managing liability, and reconnecting projects to the community. Topics will include Redevelopment and GIS, Historic …
Far South Texas is getting another wind farm. The $200 million Palmas Altas project near Brownsville is being built by Acciona Energy USA. The project will be the Spain-based energy company’s ninth wind farm in the U.S. and its second in Cameron county . The farm is located near the city of Bayview and the …
Construction has started on a large $334 million wind farm in northwest Kansas near the city of Colby that sits along Interstate 70. ENGIE North America Inc. is building the Solomon Forks Wind Project in Thomas County and it will have a total capacity of 276 megawatts. Solomon Forks is part of the Infinity Renewables …
The Oklahoma Department of Environmental Quality’s Fourth Annual Green Schools Summit will be held Thursday at the Riverfield Country Day School in Tulsa. The Summit is the largest annual event focused on greening efforts in Oklahoma schools. Some 118 students representing 13 schools throughout the state will learning about starting a “Green Team” to make …
– Devon Energy Corp. announced plans to report its third-quarter 2018 results on Tuesday, Nov. 6, after the close of U.S. financial markets. The earnings release and operations report announcing these results will both be available on the company’s website at www.devonenergy.com. On Wednesday, Nov. 7, the company will hold a conference call at 10 a.m. …
Nebraska landowners and others who are fighting the location of the Keystone XL pipeline in their state are gearing up for another hearing to be held by the State Department. Bold Nebraska, one of the opposing organizations calls the October 9 hearing “another hastily-produced, sham environmental review for Keystone XL.” The group is organizing more …
The U.S. Department of Transportation under the Trump administration has moved to repeal the Obama-era rule mandating safety upgrades for oil tanker trains. The original rule was designed to reduce the possibility of derailments, explosions and spills from trains such as those that carry crude oil through Oklahoma. Fortunately, Oklahoma has not had deadly accidents …
Kingfisher county is still drawing heavy interest from drillers seeking more big oil in one of the primary counties that makes up the STACK play. Rigs will be going up soon. The latest issuance of permits to drill by the Oklahoma Corporation Commission included 14 permits for Kingfisher county. Six went to Newfield Exploration, the …
