Instead of building new homes as he promised for at least ten of his customers, Oklahoma City home builder Gregory L. Cobbs was defrauding them of $941,000 and spending it elsewhere. This week, the 60-year old contractor who ran GL Cobbs and Company, LLC was sentenced by U.S. District Judge David L. Russell in Oklahoma …
Blackstone has wrapped up its $3.2 billion purchase of 44 percent of Kansas City-based Tallgrass Energy, the pipeline company with operations in several states including lines feeding the Cushing terminal. Blackstone Infrastructure Partners closed the purchase of 100 percent of the membership interests in Tallgrass Energy’s general partner as well as about 44 percent interest …
The owner and operator of Tulsa’s oil refinery, HollyFrontier Corporation plans to announce its quarterly financial results in May. The Dallas company owns other refineries in New Mexico, Kansas and Utah. It announced the results will be released May 2 before the opening of trading on the New York Stock Exchange. Management will hold a …
Tulsa’s Cypress Energy Partners, L.P. plans to release its fourth quarter earnings report next week. The report will be released before the opening of trading on the New York Stock Exchange on Monday, March 18, 2019. Later that day at 9 a.m. CDT, company management will host a conference call to discuss the financial results. …
Oklahoma City-based Blueknight Energy Partners, L.P. reported a net loss of nearly $51 million for the fourth quarter of 2018 and a net loss of $42 million for all of 2018. The net loss of $50.7 million for the quarter compared to $0.4 million net income for the same period in 2017. The company …
Management at Oklahoma City’s Chesapeake Energy made filings this week with the Securities and Exchange Commission detailing their receipt of company shares. Robert D. Lawler, CEO received 968,014 shares, a move that leaves him owning 5,278,332 shares in the company. Executive Vice President and Chief Financial Officer Demonic J. Dell’Osso Jr. received 589,226 shares. …
ONEOK made an SEC filing this week detailing its latest offering for new senior unsecured notes…nearly $1.2 billion total. In the filing, the corporation offered $700 million in 4.350% notes due 2029 and another $550 million for 5.200% Notes due 2048. The maturity dates for the 4.350% notes will be March 15, 2029 and the …
Completion reports for March 11, 2019. completions: none were processed today
Permits to drill for March 11, 2019. Kingfisher County OLTMANNS 26-18-5 #1H, March 11 2019 35 18N 5W SENENWNE API: 07326474 Lat: 35.99891631510629, Long: -97.69871943965913 CHESAPEAKE OPERATING LLC HH, DR, 11700 ft, BIG LIME(5950), OSWEGO(6065) Rogers County PHILLIPS #P1, March 11 2019 03 24N 17E W2NENESE API: 13125245 Lat: 36.58883904464686, Long: -95.47320417566267 WESTEND OPERATING LLC SH, …
ONEOK has made a filing with the SEC in apparent preparation for an offering of notes. The filing is incomplete and does not include information detailing how many of the notes would be involved. It only states that the corporation is “offering $ aggregated principal amount of our % notes due 2029. But it …
