The Oklahoman’s Jack Money explored the recent sale of the 29-story SandRidge Tower in downtown Oklahoma City to the state of Oklahoma and described it as the “end of an era.” Click here to view his story.
June 14, 2020 archive
Outdoors Act headed toward apparent approval in US Senate
It was one o’clock Friday morning when the U.S. Senate voted to invoke cloture on the Great American Outdoors Act. Oklahoma U.S. Sen. James Lankford was one of 19 Senators who voted against cloture while 65 others favored it. Sen. Jim Inhofe did not vote on the measure after Sen. Mike Lee, a Republican …
US crude prices still around $36 a barrel
What will happen to oil and energy trading on Monday? It’s the question on the minds of many, whether they are investors in oil and gas companies or the leaders and employees of those firms. West Texas Intermediate crude oil futures closed Friday down 8 cents at $36.26 a barrel in trading on the …
More legislators oppose proposed state park fees
State Reps. Tommy Hardin, R-Madill, and Tammy Townley, R-Ardmore, expressed their frustration following the recent announcement by the Oklahoma Tourism and Recreation Department that state-owned parks would now begin charging parking fees. “I was extremely disappointed and downright insulted by the answers I received today from Director Winchester on park fees,” Hardin said, “I believe …
Millions in bonuses for Colorado company’s executives
Extraction Oil & Gas Inc. plans to pay 16 executives and senior managers a total of $6.7 million in return for staying with the Colorado-based driller ahead of a possible default on its bond payments. Rank-and-file employees may receive a cash payment equivalent to their target 2020 pay, the Denver-based company said in a …
Invenergy cancels SW Missouri wind project
Renewable energy company Invenergy is giving up on construction of a wind turbine project in southwest Missouri because of proximity to an airport and the damage its turbines would do to eagles. “Invenergy has decided to change course in Barry County,” said Meredith Jeffrey, manager of renewable development for Invenergy, in a statement to …
Energy news in brief
** The Michigan Court of Appeals rules in favor of Enbridge, saying a 2018 law allowing for a Great Lakes tunnel for the Line 5 pipeline is constitutional. ** Murray Energy’s prospects of exiting bankruptcy appear more likely as a creditor and rival coal company is no longer asking for a court to liquidate the firm. ** Iowa City will use …
ONEOK sets price for public offering
ONEOK, Inc. announced that it priced its previously announced public offering of 26 million shares of its common stock at a price to the public of $32.00 per share. ONEOK expects gross proceeds from the offering, before deducting underwriting discounts and offering expenses, will total approximately $832.0 million. ONEOK also granted the underwriters a 30-day over-allotment option …
Reports show Oklahoma’s newest oil well is in Woods County
Filings of completion reports reveal one of the newest wells to be drilled in Oklahoma while other companies took care of corrections and updated orders to existing wells. The newest well to be drilled and completed in Oklahoma is in Woods County at 8 28N 16W, a site northeast of the town of Freedom. …
Permits to drill for June 12, 2020
Permits to drill issued on June 12, 2020. Kingfisher County CASCADE 14_23-16N-9W #3HX, February 13 2019 14 16N 9W NWNWNWNE API: 07326438 Lat: 35.86962031618475, Long: -98.12667427305684 DEVON ENERGY PRODUCTION CO LP MU, AM, 18915 ft, MISSISSIPPI LIME(8858)
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