As SandRidge Energy leaders deal with a fourth quarter net loss of $249 million or $7.01 a share and resulting downsizing of their workforce, they are still considering a merger with another company. It might be a way to survive in the bumpy world of oil and gas. It’s what John Suter, Interim President and …
Tulsa-based Mid-Con Energy Partners, LP announced it plans a reverse split on its stock. The Board of Directors approved a 1-for-10 reverse split effective after the close of markets on March 23, 2020. The announcement was made as Mid-Con Energy stock was trading at about 21 cents per unit. The reverse split will result in …
Oklahoma U.S. Senator Jim Inhofe figures that at age 85, he’s not ready to retire from politics or life in Washington, D.C. He’s announced he will seek re-election, telling The Oklahoman reporter Chris Casteel that the emergency heart surgery he had in 2013 gave him “a new lease on life.” “I put two new …
Andrew Wheeler, administrator of the Environmental Protection Agency, left, and Scott Pruitt. (Drew Angerer/Getty Images, Andrew Harnik/AP) Environmental Protection Agency Administrator Andrew Wheeler, a former coal lobbyist, offered an unexpected defense of Scott Pruitt, the former Oklahoma Attorney General who resigned as EPA administrator amidst accusations of ethics violations. Wheeler faulted his own inspector general …
Completion reports filed on March 4, 2020. CANADIAN COUNTY Camino Natural Resources Llc Mississippi Lime: Oil 453 Gas 3857 Water 2938 Flow 3 10N 7W Chuck Norris 1007 10-15 1mxh, May 07, 2019 HH, OIL, TD: 18548 ft Lat: 35.36320, Long: -97.92030 API: 35017254140000 CUSTER COUNTY Continental Resources Inc Mississippian(13554): Oil 222 Gas 11367 Water 4703 Flow 8 15N 15W Claussen 1-8-5xhm, September 20, 2019 HH, …
Permits to drill issued on March 4, 2020. Custer County TRUMAN #1-35-2XHM, March 04 2020 26 14N 14W SWSWSWSW API: 03922585 Lat: 35.65368794875041, Long: -98.66674555621987 CONTINENTAL RESOURCES INC HH, DR, 24365 ft, MISSISSIPPIAN(14320), WOODFORD(14851) Grady County CUNNINGHAM #2-32-5XHW, March 04 2020 32 7N 6W NESWNWNW API: 05124769 Lat: 35.04191742840479, Long: -97.8630260469988 CONTINENTAL RESOURCES INC MU, DR, 22972 …
A rewrite by the Trump administration’s EPA of the Obama administration’s WOTUS rules has been criticized by an agency advisory panel. The rules, rewritten in January were heavily criticized by Oklahoma farmers and ranchers as well as members of Congress. But the EPA’s Science Advisory Board (SAB) said this week some of the changes in the …
Gov. Michelle Lujan Grisham signed a slate of bills into law Tuesday afternoon aimed at expanding renewable energy and modernizing the state’s electricity infrastructure, including a bill that reinstates the solar tax credit that expired under the previous administration. SB 29, sponsored by Sen. Mimi Stewart, D-Albuquerque and Rep. Matthew McQueen, D-Galisteo, reinstates the solar tax …
Filings were made this week by Devon Energy executives with the Securities Exchange Commission showing sales of stock, including more than $266,000 in shares by the company President David A. Hager. Hager’s form 4 filing showed he sold 16,345 Devon Energy shares at a value of $16.31 each, which led to a total sale …
Oklahoma U.S. Sen. Jim Inhofe was apparently the Senator behind the letter sent to the EPA this week urging the agency to continue granting relief to small refinery operators from meeting Renewable Fuel Standard requirements. He and eight other Republican Senators, including Oklahoma U.S. Sen. James Lankford sent the ltter to EPA Administrator Andrew Wheeler …
