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 …
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 …
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 …
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 …
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, …
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 …
We’re not sure if there is an “official” oil-drilling rig, wind tower or coal mine, but Oklahoma’s official “state steak” is the ribeye. Governor Kevin Stitt has signed Senate Bill 21 into law making the declaration. Authors of the bill were Sen. Casey Murdock, R-Felt and Rep. Trey Caldwell, R-Lawton. Murdock said with 5.1 million …
Roan Resources, Inc. based in Oklahoma City announced a filing with the Securities and Exchange Commission. It filed an amendment to its S-1 Registration Statement. The filing was made to satisfy Roan’s contractual obligation to register certain shares held by funds affiliated with certain members of our Board of Directors in accordance with the …
Crusoe Energy Systems, Inc., a technology driven flare mitigation provider based in Denver announced it has successfully completed a $4.5 million seed financing round led by Bain Capital Ventures and Founders Fund Pathfinder, with additional participation from Wicklow Capital, Winklevoss Capital and Dragonfly Capital Partners. This investment brings Crusoe’s total funding to $5.1 million. Funding …
Apex Clean Energy today announced the sale of Diamond Spring Wind to ALLETE Clean Energy, a wholly owned subsidiary of ALLETE (NYSE: ALE). The transaction includes 15-year power purchase agreements that Apex negotiated with two Fortune 500 companies (to be announced at a later date). The success of Diamond Spring Wind, a 303 MW project …
