April 5, 2019 archive

Oklahoma Anadarko Basin operator—Jones Energy—prepares for reorganization bankruptcy

Jones Energy, Inc., a Texas energy company with heavy exploration and production efforts in Oklahoma and the Texas Panhandle says it plans to file for Chapter 11 bankruptcy. The filing, which has yet to be made allows the company to restructure its finances. The company indicated it is in the process of an agreement that …

Continue reading »

Chesapeake Directors pick up more company shares

A Securities and Exchange Commission filing shows three members of the board of directors at Oklahoma City’s Chesapeake Energy acquired more shares in the company. The directors are Gloria R. Boyland, Lesie Starr Keating and Thomas L. Ryan. Boyland acquired 3,969 shares, each valued at $3.15, giving her ownership of 117,617 Chesapeake shares. Keating gained …

Continue reading »

SCOOP assets offered for sale by Edmond private investment firm

  The SCOOP assets of a private investment company based in Edmond, Oklahoma are being offered for sale. River Ranch Capital  has retained Core Energy Advisors, LLC in Houston to sell a package of interests in oil and gas properties primarily in the SCOOP play in Grady County. The acreage is 100 percent held by …

Continue reading »

Enable Midstream to release 1Q results on May 1

Oklahoma City-based Enable Midstream Partners, LP plans to release its first quarter 2019 financial results on May 1. They will be released prior to the open of market trading on that Wednesday and management will hold a 9 a.m. CDT conference call to discuss the results. The 2018 fourth quarter results were released in February …

Continue reading »

Annual meeting of Phillips 66 set for May 8

  The annual meeting of Phillips 66 shareholders will be held Wednesday, May 8 in Houston. The company says shareholders will have to produce an admission ticket or proof of ownership of Phillips 66 stock to be admitted. The meeting will begin at 9 a.m. CDT at the Houston Marriott Westchase, 2900 Briarpark Drive in …

Continue reading »

OERB leader says ‘thanks’ to oil and gas industry for environmental cleanup

The Oklahoma Energy Relations Board is observing its 25th anniversary this year of restoring Oklahoma’s land. OERB Executive Director Mindy Stitt is carrying the message and thanked the oil and gas industry. “As leaders in our state’s oil and natural gas industry, your companies produce the resources that are essential to more than 90% of …

Continue reading »

Muskogee mayor named to state Transportation Commission

A new member of the Oklahoma Transportation Commission has been appointed. Senate President Pro Tempore Greg Treat named Muskogee Mayor Bob Coburn to the commission. In order to take the appointment, Coburn had to resign as mayor. “I’m proud to appoint Bob Coburn to the Transportation Commission. As a business owner and mayor of Muskogee, …

Continue reading »

Most Oklahoma counties saw jobless rates drop in February

New state figures show most counties in Oklahoma experienced a drop in unemployment rates for February compared to a year earlier. And the state’s energy sector played an obvious important role in what happened. The Oklahoma Employment Security Commission reports unemployment was lower in 73 counties, higher in three and unchanged in one county when …

Continue reading »

Permits to drill for April 4, 2019

Permits to drill issued for April 4, 2019. Blaine County LEFTY SWD #1, April 03 2019 10 16N 12W SESENESE API: 01124204 Lat: 35.87463037401402, Long: -98.45570826452162 LAGOON WATER LOGISTICS LLC SH, DR, 9000 ft, HOOVER(4000), ELGIN(5880), ENDICOTT 6280 8(ATOKA), LOVELL(6550), TONKAWA(6845), COTTAGE GROVE(7400), CLEVELAND(8370) Blaine County CHARMA 12_1-15N-11W #5HX, November 07 2018 07 15N 10W SESWSWSW …

Continue reading »

Completion reports for April 4, 2019

Completion reports filed for April 4, 2019. CADDO COUNTY Daylight Petroleum Llc Marchand: Oil 5 Water 45 Pump 9 5N 9W Proctor 3, December 13, 2018 DH, OIL, TD: 6908 ft Lat: 34.92204, Long: -98.14825 API: 35015233040000 CANADIAN COUNTY Newfield Exploration Mid-con Inc Mississippian- Woodford: Oil 853 Gas 1228 Water 432 Flow 12 14N 7W Okarche 1407 3h-12x, July 19, 2018 HH, OIL, TD: 18865 …

Continue reading »