January 7, 2020 archive

Chesapeake wraps up $616 million tender offer

    Chesapeake Energy Corporation announced it has acquired more than $616 million in Senior notes in the Oklahoma City company’s recent tender offer on behalf of its subsidiaries Brazos Valley Longhorn, LLC and Brazos Valley Longhorn Finance Corp. In a Tuesday announcement, the company said the cash offer involved any and all of its …

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Helmerich and Payne leaders in Goldman Sachs Energy conference

Executives of Helmerich and Payne, Inc. in Tulsa are taking part in this week’s Goldman Sachs Global Energy Conference 2020 in Miami, Florida. John Lindsay, President and CEO and Mark Smith, Vice President and CFO and Dave Wilson, Director of Investor Relations are taking part in the conference. John Lindsay will participate in a panel …

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Sister SCOOP wells produce 4,100 barrels a day for Marathon Oil

Houston’s Marathon Oil Company reports two sister wells drilled  in the SCOOP brought in more than 4,100 barrels of oil a day when they were completed in October 2019. Completion reports filed this week on the two Bowser 0304 wells drilled at 17 3N 4W in Garvin County or about 6 miles south of Lindsay …

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NGL extends credit borrowing agreement

  Before 2019 came to an end, Tulsa-based NGL Energy Operating, LLC signed an agreement with its credit facility to extend its borrowing agreement by another $125 million. A filing with the U.S. Securities Exchange Commission showed NGL Energy Operating, a wholly-owned subsidiary of NGL Energy Partners LP entered into an agreement with Deutsche Bank …

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Chesapeake board member acquires more shares in company

  A filing with the Securities Exchange Commission shows another member of the board of directors for Chesapeake Energy acquired more shares in the company. Thomas L. Ryan, a director since May 2013, acquired 29,070 shares valued at 86 cents each or $25,000 total. The acquisition was made on January 2, 2020 and leaves him …

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