From the Enid News and Eagle Authorities have released the identities of a man killed and another injured in a saltwater disposal site blast Monday night southwest of Enid. The deceased is Javier Varraza, a 32-year-old Hispanic male, said Eddie Johnson, family assistance coordinator with the Office of the Chief Medical Examiner. He said blunt …
March 6, 2019 archive
Baxter Black—-Cows don’t flatulate!
Cowboy commentator Baxter Black figures it’s time the Climate Change advocates got some education in their Green New Deal claims that cattle are releasing too much gas into the air by—-well, by releasing gas. As he makes abundantly clear, cattle don’t fart! ATTN: This is addressed to teenagers, tuba players and grown-ups in the …
Devon executives report sale of company shares
Devon Energy filed ownership change reports this week with the Securities and Exchange Commission. Company leaders unloaded some of their company shares while at the same time confirming reports of the layoffs of 200 workers in the firm. President and CEO David A. Hager reported the sale of 16,345 Devon shares valued at $30.15 each. …
Hunter and other AGs urge Congress to move swiftly to bring an end to robocalls
Whether you’re driving a truck down the interstate, working on a rig somewhere in Oklahoma or maintaining a wind farm, robocalls are annoying. Oklahoma Attorney General Mike Hunter has joined 53 other attorneys general in trying to convince Congress to finally do something about the issue. They sent a letter this week to the …
Latest OGE filing with SEC
As we follow the ownership changes of corporate leaders in the energy industry, one of the latest occurred at Oklahoma Gas and Electric Energy Corp. In a required filing with the SEC, the company indicated its Vice President of Integrated Resource Planning and Development, Jerry A. Peace recently sold nearly 6,000 shares in the firm. …
Harold Hamm and George Kaiser are ranked among the world’s billionaires
Not that they’re anywhere close to the world’s richest man, Amazon founder Jeff Bezos, but two Oklahomans have made the latest Forbes Report on the world’s wealthiest people who total more than 2,100. Oklahoma’s Harold Hamm, the fracking pioneer who founded and still runs Oklahoma City’s Continental Resources was ranked #61 on the list with …
ExxonMobil’s aggressive oil production in the Permian Basin
ExxonMobil has some big plans in mind in terms of the amount of oil it intends to produce and move out of the Permian Basin in West Texas and Southeast New Mexico. The Texas company announced it will produce more than 1 million oil-equivalent barrels a day by as early as 2024. That’s an increase …
Executive switches frac mining jobs
One of the management movements reported this week involved a former executive of Preferred Sands, the Oklahoma frac mine operator located near Watonga. The company’s Vice President of sales, Casey Taylor has left the firm to become Vice President of Sales for Denver-based OmniTRAX, Inc. one of the largest privately held transportation service companies in …
Blueknight Energy Partners to release earnings report next week
Blueknight Energy Partners, L.P. in Oklahoma City plans to release its fourth quarter and full-year 2018 financial results on Monday, March 11, 2019. Company management will hold a conference call the next morning, Tuesday March at 10 a.m. Central time. Blueknight’s third quarter net income was $2.4 million on total revenues of $133.2 million, …
Chesapeake makes $641 million Senior note offer
Oklahoma City’s Chesapeake Energy Corporation announced this week the offering of nearly $641 million in new 8% Senior Notes due 2026. They are being issued by the company in exchange for certain outstanding senior unsecured notes of the company including $162.8 million in 6.625% Senior Notes, $96.8 million of 6.875% notes, $254.5 million …
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