April 2019 archive

ONEOK declares increased dividend

Tulsa’s ONEOK, Inc. has declared a quarterly dividend of nearly 87 cents a share. The action by the Board of Directors resulted in an increase of 0.5 cents or 9 percent more compared to the dividend announced in April 2018. On an annual basis, it means a dividend of $3.46 per share. The dividend will …

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Chaparral Energy to release 1Q results May 9

  Oklahoma City-based Chaparral Energy, Inc. plans to release its first quarter 2019 financial results on May 9. The release will be made before the open of the U.S. financial markets on that Thursday. A conference call will be held at 9 a.m. the same day where management will discuss the details. In addition, a …

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Students plan May 3 climate change strike

Students in Oklahoma are expected to join a nationwide climate change strike on Friday May 3. Organizers say it’s in protest of the government failure to take action to stop climate change. The Oklahoma  effort is led by a group called Youth Climate Strike Oklahoma and it intends to hold a rally in front of …

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Completion reports for April 18, 2019

Completion reports filed on April 18, 2019. HUGHES COUNTY Trinity Operating (usg) Llc Woodford(5033): Gas 3454 Water 3913 Flow 5 6N 10E Bertha 4-32/29h, November 22, 2018 HH, GAS, TD: 12270 ft Lat: 35.02583, Long: -96.27556 API: 35063248060000 Trinity Operating (usg) Llc Woodford(5131): Gas 2340 Water 4065 Flow 5 6N 10E Bertha 2-32/29h, December 01, 2018 HH, GAS, TD: 15117 ft Lat: 35.02676, Long: …

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Permits to drill for April 18, 2019

Permits to drill issued on April 18, 2019. Dewey County PUTNAM OSWEGO UNIT #1-34H, April 18 2019 34 16N 15W SESWNWNE API: 04323699 Lat: 35.823638681826814, Long: -98.78168147093284 BLAKE PRODUCTION COMPANY INC HH, DR, 14713 ft, OSWEGO(9395) Ellis County GRAYLING 21X16-18-26 #1HA, April 18 2019 09 18N 26W SWSWSWSW API: 04523794 Lat: 36.04341831952543, Long: -99.98758351643512 FOURPOINT ENERGY LLC …

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Governor signs bill increasing turnpike speed limit to 80 mph

Speed limits on Oklahoma turnpikes will soon be 80 miles an hour while some state highway limits will be increased to 75 miles an hour under a bill signed into law by Governor Kevin Stitt on Thursday. Rep. Daniel Pae, R-Lawton, is the House author of House Bill 1071. Sen. John Michael Montgomery, R-Lawton, is …

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ConocoPhillips sells United Kingdom subsidiaries in $2.6 billion deal

The sale of two United Kingdom subsidiaries of ConocoPhillips for $2.675 billion was announced Thursday. The buyer is Chrysaor E and P Limited, a firm that describes itself as “UK’s leading North Sea independent oil and gas company.” Chrysaor’s website says the firm has interests in 5 of the 10 largest production hubs in the …

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Tulsa to observe Earth Day with national Sierra Club leader

Earth Day will be observed Saturday in Tulsa with ceremonies at the Guthrie Green, an internationally recognized urban park. Sierra Club Executive Director Mike Brune will keynote the celebration at the park that utilizes geo-thermal wells, solar panels and satellite programming. “I’m thrilled to participate in Tulsa’s 2019 Earth Day Celebration,” said Michael Brune, the Sierra …

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Wyoming hopes Colorado’s tougher oil and gas law sends industry their way

  The creation of new restrictions on the oil and gas industry in Colorado this week could be good business news for those in adjacent states where there is also oil and gas exploration. At least, it’s the belief of those who live in Wyoming, New Mexico and maybe even Kansas. They speculate that perhaps …

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Pence praises Permian Basin workers and promises to offer more help to oil and gas industry

  He didn’t get his hands dirty but Vice President Mike Pence visited an oil rig Wednesday during a fund-raising stop in Midland, Texas. He not only raised money for President Trump’s reelection effort but complimented local oil and gas workers. “All of you prove every day what hard work and ingenuity and American commitment …

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