May 6, 2019 archive

OU Data Science and Analytics Institute Receives $1 Million Gift from ConocoPhillips

ConocoPhillips has donated $1 million to the Data Science and Analytics Institute at the University of Oklahoma, according to a recent report published by The Tulsa World. The OU Data Science and Analytics Institute is housed in the Gallogly College of Engineering. The building is named after current OU President, James L. Gallogly, who previously …

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Ventana Exploration Receives Equity Capital to Continue Oklahoma Well Acquisitions

Oklahoma City-based Ventana Exploration and Production II recently received a new round of equity capital from an affiliate of Starwood Capital Group, Equity Group Investments and the Virginia Tech Foundation, according to a company press release issued on Monday. Ventana is in the business of acquiring non-operated oil and gas interests in Oklahoma. To date, the company has participated in more than 500 wells in the STACK/SCOOP/MERGE plays …

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Amplify Energy and Midstates Petroleum Announce All-Stock Merger, Houston Headquarters

Houston-based Amplify Energy Corp. and a subsidiary of Tulsa-based Midstates Petroleum Company, Inc. announced an all-stock merger, according to a press release issued on Monday. The combined company will maintain headquarters in Houston and trade on the New York Stock Exchange under the AMPY ticker. Ken Mariani, Amplify’s President and Chief Executive Officer, will remain …

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Jones Energy to Emerge From Chapter 11 Bankruptcy by May 17

  Texas-based Jones Energy, Inc. announced that its prepackaged Chapter 11 bankruptcy reorganization plan was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division, according a company press release issued on Monday. As reported by OK Energy Today, Jones Energy initially filed for bankruptcy protection on April 3, 2019. Currently …

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Tinker makes list of US air bases most susceptible to climate change

The Pentagon has updated the US Air Force bases that are most at-risk from climate change and one of them is Tinker Air Force base in Oklahoma City. Here is the list: Beale AFB, Calif. Vandenberg AFB, Calif. Greeley ANGS, Colo. Eglin AFB, Fla. Patrick AFB, Fla. JB Andrews, Md. Malmstrom AFB, Mont. Tinker AFB, …

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Questions raised about memo from former EPA administrator Scott Pruitt

Critics of former EPA Administrator Scott Pruitt believe they have discovered more information potentially damaging to him. As POLITICO’s Morning Energy Report revealed, it seems some language in a Scott Pruitt memo is identical to an industry. The comments pertained to changes in air pollution rules. Here is how POLITICO reported the incident. The inclusion …

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