February 2019 archive

Government sues former AG candidate over death of 40,000 trees

He ran for Oklahoma Attorney General last year and lost and now finds himself sued by the federal government. Tulsa attorney Gentner Drummond is accused by the U.S. Army Corps of Engineers of spraying herbicide that killed more than 40,000 trees around Birch and Skiatook lakes in northeast Oklahoma. The lawsuit also filed against the …

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New leadership at CorEnergy

CorEnergy Infrastructure Trust, Inc., the Kansas City real estate investment trust that owns pipelines, storage terminals and transmission assets announced the promotion of three company executives. David Schulte added the role of Chairman of the Board of CorEnergy to his position as President and Chief Executive Officer as of January 1, 2019, as previously announced. …

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Engine manufacturer Cummins Inc. declares quarterly dividend

Cummins Inc. the big engine manufacturer based in Indiana but with a major facility in Oklahoma City announced a quarterly common stock cash dividend of $1.14 per share. The Board of Directors declared the dividend and stated that it will be payable on March 7, 2019 to shareholders of record on Feb. 22, 2019. Cummins …

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Midstates Petroleum will buy $50 million in shares through tender offer

  Midstates Petroleum Company, Inc.announced Wednesday the preliminary results of its tender offer to purchase for cash up to 5,000,000 shares of its common stock. The offer price was $10 a share and the offer ended Tuesday, February 12 at 5 p.m. New York City time. Based on the preliminary count by American Stock Transfer …

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While Sierra Club pushes solar energy in Oklahoma, industry jobs drop for 2nd straight year nationwide

(solar power from parking lot at OKC VA hospital) Even though a new report indicates that the number of jobs in the nation’s solar industry dropped for a second straight year in 2018, Oklahoma’s Sierra Club is pushing approval of several solar energy bills in the legislature. The new report, under the heading “Solar Jobs …

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SEC filing reflects ownership of Devon Energy shares

A new Securities and Exchange Commission filing by Invesco Ltd. shows the Atlanta, Georgia-based firm now owns 5.8% of the shares in Oklahoma City’s Devon Energy Corp. The filing indicated the firm owns 26,971,655 shares. Nineteen subsidiaries of Invesco made the Scheduled 13G  filing.

ODOT introduces safety patrol vehicles for OKC metro

    Oklahoma drivers can expect to see some extra help on highways and interstates as they drive into 2019. The Oklahoma Department of Transportation is increasing its accident response capability in the Oklahoma City metro with the addition of two GO-DOT safety patrol vehicles. Originally introduced in August 2018 as part of the I-235 …

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DOT Director to retire and his successor has been named

    Oklahoma Department of Transportation Executive Director Mike Patterson announced that he will retire April 1 after a nearly 40 year career with the agency. In addition to his leadership of ODOT, Patterson was also appointed to be Gov. Mary Fallin’s Secretary of Transportation in 2017. The Oklahoma Transportation Commission announced the appointment of …

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Permits to drill issued for February 12, 2019

Permits to drill issued for Feb. 12, 2019.   Alfalfa County WAMPLER 14-26-11 #4H, February 11 2019 14 26N 11W SESWSESE API: 00323362 Lat: 36.72508173418187, Long: -98.34471434355581 BCE-MACH LLC HH, DR, 10376 ft, MISSISSIPPIAN(5419) Coal County AMIGO SHINE #1-15H, September 14 2018 15 2N 9E NENWNENE API: 02921382 Lat: 34.64995246699158, Long: -96.33997233655967 CANYON CREEK ENERGY OPERATING LLC …

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Completion reports for February 12, 2019

Completion reports filed for Feb. 12, 2019.   BLAINE COUNTY Continental Resources Inc Mississippian(11215): Oil 382 Gas 19985 Water 1322 Flow 19 15N 13W Randall White Federal 1-19hm, November 15, 2018 HH, GAS, TD: 17325 ft Lat: 35.76823, Long: -98.63126 API: 35011240620001