October 24, 2018 archive

Judge orders Roundup cancer victim to accept lower award

A groundskeeper in California has until December to accept a $78 million offer from Monsanto after a judge for the Superior Court of California County of San Francisco reduced the $298 judgment from a jury. It’s a case that could have a bearing on lawsuits filed by Oklahomans against Monsanto. Judge Suzanne Bolanos upheld the …

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Landowners say they’ve not been contacted about suspended wind farm project

  Western Oklahoma landowners say they’ve not been contacted by the government as it negotiates over a suspended wind farm operation near Hinton. It’s what the landowners tell Scott Mitchell’s “All of the Above Podcast” as they complain their rights are being ignored by government bureaucrats. Their comments come as Attorney General Mike Hunter has …

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Bonuses for all employees of Austin Hose Company

The 163 people who work at Amarillo-based Austin Hose company got a pre-Halloween gift from the company…$700 bonuses.  Every one of them. Including those in Oklahoma City. Made for a total of $114,100 for the company that produces hydraulic and industrial hose. The company has branches in Oklahoma City, Amarillo, Odessa, San Antonio, Corpus Christi …

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Lawsuit filed over highway shutdown during Dakota Access Pipeline protests

The five-month shutdown of a North Dakota highway because of the protests against the Dakota Access oil pipeline last year has led to a lawsuit by two members of the Standing rock Sioux tribe and a reservation priest. They contend the closure violated their constitutional rights. The three filed suit in U.S. District Court against …

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Frack Sand mining operation fully underway in NW Oklahoma

Up and running! Preferred Proppants, LLC’s Oakwood frac sand operation in northwest Oklahoma. Following a formal opening ceremony earlier in the month, the company announced operations are fully underway. The Pennsylvania-based company announced it has “commenced commercial operations” after starting construction earlier in the year on the massive sand plant that sits along highway 281. …

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Blueknight Energy 3Q distribution unchanged from previous quarter

With nearly 7 million barrels of crude oil storage capacity at the Cushing hub, Oklahoma City-based Blueknight Energy Partners, L.P. announced a third quarter dividend of 8 cents a unit. The company’s board of directors of its general partner declared the quarterly cash distribution on the Partnership’s common units and 18 cents per unit on …

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Major acquisition and expansion announced by OKC’s Enable Midstream Partners

A $442 million acquisition of Velocity Holdings, LLC in the Anadarko Basin has been announced by Oklahoma City-based Enable Midstream Partners, LP.  At the same time, the company is expanding operations in North Dakota. It’s a major expansion of crude oil midstream business for Enable in the SCOOP and Merge plays. Velocity Holding, based in …

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NGL Energy declares dividend

Tulsa’s NGL Energy Partners LP announced its Board of Directors of its general partner has declared a quarterly distribution of 39 cents a unit. The company said the dividend figures to be $1.56 per unit on an annualized basis for the quarter ending Sept. 30, 2018. The cash distribution will be payable Nov. 14, 2018 …

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Newfield Exploration brings in 7 more STACK wells

Houston’s Newfield Exploration company filed several completion reports this week indicating its busy activity in Oklahoma’s STACK play. Seven reports were on file including three for Canadian County, one in Dewey County and three in Kingfisher county. Two of the three in Canadian County were multi-wells on a single pad site at 12 14N 7W. …

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“Frack Master” pleads guilty to scheme and gets 12 years in prison

He called himself the “Frack Master”  but now Chris Faulkner of Breitling Energy in Dallas has agreed to a plea deal on securities fraud, money laundering and tax evasion. He’ll serve 12 years in prison for a securities-fraud scheme that raised more than $80 million from hundreds of investors across the nation. Faulkner, currently in …

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