April 2019 archive

Continental Resources to hold annual meeting May 16 in OKC

Oklahoma City’s Continental Resources, Inc. is preparing for its 2019 annual meeting of Shareholders to be held May 16 in Oklahoma City. A Securities and Exchange Commission filing of a proxy statement  by the company showed the agenda includes the election of six members to the board of directors including company founder Harold Hamm. He’s …

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Software company owner indicted in Tulsa

Tulsa software development company owner Earenest Grayson has been indicted by a federal grand jury on charges he failed to pay payroll taxes withheld from his employees’ wages. The grand jury also indicted him on charges of failing to pay his individual and corporate income tax returns. “Earenest Grayson is an alleged dishonest employer who …

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Permits to drill for April 3, 2019

Permits to drill issued for April 3, 2019. Alfalfa County ALLISON 36-27-11 #3H, April 02 2019 36 27N 11W NENENENW API: 00323367 Lat: 36.78206648086358, Long: -98.3337973455623 BCE-MACH LLC HH, DR, 10319 ft, MISSISSIPPIAN(5281) Canadian County CHILES #1H-15-10, March 27 2019 22 12N 9W SWNENWNW API: 01725433 Lat: 35.506311014822984, Long: -98.14699179864166 CITIZEN ENERGY III LLC HH, DR, 22335 …

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Completion reports for April 3, 2019

Completion reports for April 3, 2019 DEWEY COUNTY Overflow Energy Stack Llc 34 17N 14W Oakwood Swd 1, January 28, 2019 SH, COMM, TD: 4700 ft Lat: 35.91185, Long: -98.67582 API: 35043232070005 GRADY COUNTY Continental Resources Inc Goddard(11692): Oil 68 Gas 77 Water 3241 Flow 12 7N 6W Ss Mccalla 1-12hs, September 13, 2018 HH, OIL, TD: 16931 ft Lat: 35.08839, Long: …

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One dead—2 critically hurt in Texas chemical plant explosion

One worker was killed and two others were critically injured in a massive explosion at a chemical plant near Houston on Tuesday. The fire at the KMCO chemical processing plant in Crosby was ignited by a flammable gas called isobutylene.  Some employees working at the plant narrowly escaped danger. Contractors Brian Balcerowicz and Cesar Mendoza …

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Canadian County Commissioners consider legal action over well damages

  Canadian County Commissioners find themselves considering their next step after learning a recently-drilled oil and gas well reduced the value of county property. A lawsuit is a possibility. The matter came to light after three appraisers indicated the well drilled on 3 and three-quarters acres adjacent to the County Children’s Justice Center caused $55,000 …

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Inhofe repeats his charge—the Green New Deal is about socialism

Oklahoma U.S. Sen. Jim Inhofe and James Lankford think alike when it comes to the Democrats’ Green New Deal. Both contend it is really about ‘socialism’ and not so much about protecting the environment and fighting climate change.  Sen. Lankford made the claim last week in an interview with OK Energy Today. This week, Sen. …

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Enel Green expects to add 1GW of new power this year

Enel Green, the renewable energy company with large operations in Oklahoma and even bigger ones in Texas expects to bring online 1 gigawatt in new renewable energy projects in each of the next three years. It’s what company leaders said in a recent interview with North American Wind Power. Enel Green already launched construction this …

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Brent crude approaches $70 a barrel in trading

Oil prices rose for a fourth day on Wednesday, pushing Brent towards a nearly five-month high of$70 a barrel on OPEC-led supply cuts and U.S. sanctions, but a surprise increase in American inventories capped the gains. Brent futures moved up 31 cents, or 0.45 percent,to$69.68 by 1045 GMT. They earlier reached $69.96 – the highest …

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NGL Energy Partners announces $450 million in sale of senior notes

  Tulsa’s NGL Energy Partners LP announced Wednesday a $450 million offering in senior notes. The company and its wholly-owned subsidiary NGL Energy Finance Corp. offered to sell the senior notes that are due 2026. NGL plans to use the net proceeds to repay indebtedness under its revolving credit facility which NGL might reborrow from …

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