ONEOK, Inc. is in the search for more investors and announced Thursday it plans an underwritten public offering of 26 million shares of its common stock. The company stated that it expects to grant to the underwriters a 30-day over-allotment option to purchase up to 3.9 million additional shares. In Wednesday’s trading, ONEOK shares dropped 5.5% …
ALLETE Inc., the company with a major wind-farm in southern Oklahoma announced it is finally bringing online a new international power line that took 8 years of effort including four years of work to get government approval. The Great Northern Transmission Line is described by ALLETE as an innovative delivery and storage system for renewable …
Tulsa’s WPX Energy has sold some of its Bakken holdings in North Dakota in a $1.5 million deal with Northern Oil and Gas, Inc. of Minnesota. The deal involved the sale of 320 acres of Williston Basin Properties and Closing is expected July 1, 2020. In making the announcement, Northern indicated that since signing, …
Oklahoma City-based Mammoth Energy Services, Inc. is planning to hold an in-person annual stockholders meeting July 2 in the city and elect five directors including one new nominee. “We intend to hold our annual meeting in person. However, we are actively monitoring the public health, travel and business and social gathering concerns of our stockholders …
Oklahoma regulators are still handing out drilling permits although the numbers are not as high as before the arrival of the COVID-19 pandemic. Camino Natural Resources LLC, a company based in Denver, Colorado intends to drill in Canadian County at a site a few miles southeast of the town of Union City. It received …
Oklahoma’s STACK play might not have as many big producers in light of the COVID-19 pandemic and the effects it has had on the oil and gas industry, but it still has the potential. Devon Energy Production Co. LP reports completion of a mother-daughter pair of wells in Oklahoma’s STACK with combined production …
US crude oil futures dropped again in Wednesday’s trading, slipping 1.5% or 61 cents to settle at $38.99 a barrel on the New York Mercantile Exchange. But overseas, Brent crude was up 55 cents or 1.3% and finished the day at $41.73 on the ICE futures. Natural gas added one cent at the NYMEX …
Completion reports filed on June 10, 2020. CADDO COUNTY Continental Resources Inc Mississippian / Woodford: Gas 2155 Water 2711 Flow 15 12N 13W Lex Majors 1-15-22xh, February 28, 2018 HH, DRY, TD: 26319 ft Lat: 35.52142, Long: -98.55411 API: 35015232750002 DEWEY COUNTY Tapstone Energy Llc Mississippian Lime: Oil 574 Gas 1636 Water 2026 Flow 6 18N 14W Jones 31/30-19-14 3h, March 16, 2019 HH, OIL, …
Permits to drill issued for June 10, 2020. Canadian County CHUCK NORRIS 1007 10-15 #1MXH, March 20 2019 03 10N 7W SESESESE API: 01725414 Lat: 35.36320383932607, Long: -97.92030474922315 CAMINO NATURAL RESOURCES LLC MU, AM, 18548 ft, MISSISSIPPI LIME(10700) Custer County WL #1H-8-17, June 10 2020 08 13N 14W NENWNWSW API: 03922587 Lat: 35.61614568599796, Long: -98.71947483821481 CITIZEN ENERGY …
Hertz has informed Oklahoma officials that the company is planning another round of layoffs in Oklahoma City stating they are directly related to the COVID-19 public health crisis. In a WARN notice filed with the Oklahoma Office of Workforce Development, a vice president with Hertz said the layoffs of 19 more company employees will begin …
