August 2019 archive

Nuclear waste fight brewing in the Permian Basin

A plan to build two big nuclear-waste storage facilities in the heart of the most important U.S. oil field is igniting a fight between frackers and the atomic-energy industry according to a report by the Wall Street Journal. One of the proposed sites is 100 miles from Oklahoma. The Nuclear Regulatory Commission is considering proposals to …

Continue reading »

State to honor volunteers for cleanup at Lake Eufaula

The Department of Environmental Quality in partnership with Keep Oklahoma Beautiful will recognize Team Up to Clean Up for their efforts in making Lake Eufaula an Oklahoma Clean Community during a special ceremony scheduled for 10:30 a.m. Wednesday, August 21st, 2019. Team Up to Clean Up has alongstanding commitment to cleanup, beautification, and recycling in …

Continue reading »

Correction to Inc.’s fastest growing companies in the country

    Inc. magazine revealed annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. And we stand corrected on our original story. Thanks to some of our readers,our error was discovered. At least 28 Oklahoma companies made the list 461 Angel Heart Boutique 981% Retail$2.8 million, Edmond 606 Chloeta 734% Government …

Continue reading »

SEC rules against frack-mining operator

The U.S. Securities and Exchange Commission has ordered abandoned an effort by the frack-mining company Vista Proppants and Logistics to register securities in the company. Vista Proppants filed a Form S-1 prospectus in 2018 and failed to act on the proposal. In a decision in July 2019, the SEC stated, “The registration statement has been on …

Continue reading »

Another increased dividend announced by Williams

Tulsa-based Williams announced a dividend of 38 cents a share. The board of directors approved the share on the company’s common stock payable on Sept. 30,2019 to holders of record at the close of business on Sept. 13, 2019. The annualized dividend will be $1.52.   This is an 11.8% increase from Williams’ third-quarter 2018 …

Continue reading »

Cypress Energy reports 45% increase in 2Q revenues

Tulsa’s Cypress Energy Partners, L.P. reported a 45% increase in second quarter 2019 revenues over the second quarter of 2018. Revenues totaled $111.1 million while the company’s net income of $5.6 million jumped 59% from a year ago. The company’s adjusted EBITDA attributable to limited partners was $8.7 million for the second quarter which was …

Continue reading »

Oklahoman named to head EPA’s American Indian Environmental Office

The EPA has named Oklahoman W. Scott Mason IV to be the agency’s new director for the American Indian Environmental Office in the EPA’s Office of International and Tribal Affairs. A Citizen of the Cherokee Nation, Scott is a 5th generation western Oklahoman. He earned his Bachelor’s and Master’s Degrees from The University of Oklahoma. …

Continue reading »

Permits to drill for August 14, 2019

Permits to drill filed for August 14, 2019. Dewey County CHAIN #19-30-1XH, August 14 2019 30 18N 14W SWSESESE API: 04323709 Lat: 36.000792774927156, Long: -98.72643719558933 DERBY EXPLORATION LLC HH, DR, 20890 ft, MISSISSIPPIAN(9595), WOODFORD(11245) Dewey County W. POLLOCK FED 24/13-19-14 #2H, August 14 2019 25 19N 14W NWNENENW API: 04323708 Lat: 36.100884714198024, Long: -98.6475256509695 TAPSTONE ENERGY LLC …

Continue reading »

Director picks up more shares in Tulsa coal-mining company

A filing with the Securities and Exchange Commission revealed one of the members of the board of directors at Tulsa-based Alliance Resource Partners acquired more shares in the firm this week. Independent director Wilson M. Torrence acquired 4,300 shares in the company valued at $15.5452 each on August 12. A day later, he acquired 1,300 …

Continue reading »

Earthquake swarm near Kingfisher believed connected to well completions

Oklahoma regulators are keeping a close watch on an oil drilling area west of Kingfisher in the STACK because of continued earthquakes.  The quakes occurred in the area 8 miles west of the city and included one measuring 3.6 magnitude. State seismologist Jake Walter told the Oklahoman newspaper the quakes are the latest to be …

Continue reading »