Tulsa-based Magellan Midstream Partners, L.P. announced it has decided to make its April 23 shareholders meeting a virtual meeting because of the coronavrius pandemic. The company will hold the meeting via webcast beginning at 10 a.m. Central Time on Thursday, April 23. It means unit holders will not be able to attend the annual meeting …
While Williams Chairman Stephen Bergstrom faces no opposition in the company’s upcoming annual shareholder meeting, a proxy advisor says he should not be re-elected. The claim is based on the company’s recent move to adopt a so-called poison pill aimed at making the company seem unattractive for any takeover attempt. The claim comes from Institutional …
Bob. G. Alexander, a long time member of the board of directors for SandRidge Energy, Inc. and Oklahoma oilman died this week. He was named to the SandRidge board in 2018 after activist investor Carl Icahn won a proxy fight with the company. Alexander founded the Alexander Energy Corp and led it until the …
Despite the low oil prices, Oklahoma City-based Continental Resources Inc. filed 8 completion reports this week with the Oklahoma Corporation Commission. Three were wells on a single pad in Garvin County with production of about 800 barrels of oil a day. The three wells had production of 449, 139 and 169 barrels of oil …
Completion reports filed for April 7, 2020. BLAINE COUNTY Continental Resources Inc Woodford – Mississippian: Gas 7480 Water 4716 Flow 1 13N 13W Hc Fiu 1-12-13xh, May 07, 2018 HH, GAS, TD: 24303 ft Lat: 35.62389, Long: -98.52676 API: 35011238160001 GARVIN COUNTY Continental Resources Inc Woodford(14602): Oil 449 Gas 7060 Water 3474 Flow 20 3N 4W Lang 4-20-29-32xhw, August 30, 2019 HH, GAS, TD: 21673 …
Permits to drill issued on April 7, 2020. permits: none were processed today
** Xcel Energy is selling a 760 MW natural gas plant in southern Minnesota for $30 million more than it paid for the plant three months ago. ** A company that runs gas generators at oil drilling sites in North Dakota installs high-speed cloud computing units for use by researchers in other states as they work on coronavirus vaccines. ** Lower export …
While Wall Street went through a stock market rally on Tuesday, it fizzled after oil prices plunged, falling $1.82 to reach $24.26 at the end of trading. West Texas Intermediate crude led the collapse in oil prices as Brent crude in London dropped 49 cents to $32.56. Natural Gas prices rose 18 cents to reach …
While the Environmental Protection Agency is backing away from enforcing many of the nation’s environmental laws, health officials in Colorado say they will enforce the laws concerning air and water pollution. “At a time when everyone in Colorado is rallying to fight the spread of a serious respiratory illness, it would be unacceptable for us …
The city of Duncan was dealt a heavy blow this week when Halliburton, the oilfield service giant that was formed 100 years ago in southern Oklahoma before moving to Houston laid off 350 workers. It was the latest sign of how the oil and gas industry is contracting in what has grown into a brutal …
