Kansas City-based Tallgrass Energy Partners, LPannounced that, subject to market conditions, it, along with Tallgrass Energy Finance Corp., a subsidiary of TEP, intend to offer $500 million aggregate principal amount of senior unsecured notes due 2025 in a private placement to eligible purchasers. TEP intends to use the net proceeds of the Notes Offering …
Natural gas producer Ascent Resources Utica Holdings, LLC announced an offering of senior notes due in the coming years. The Oklahoma City company made the offering of its 10% Senior Notes due 2022 and 9% Senior Notes due 2027 and stated that the maximum principal amount would be $538 million. Click here to view the …
Oklahoma energy related companies had another weak showing when trading of stocks ended on Friday. Alliance Resource Partners ended the day up 4 cents for a 1.30% gain to $3.12. Blueknight Energy Partners finished down 3 cents for a 2.11% decline to $1.39. Chesapeake Energy was unchanged at $5.30. Continental Resources …
Groundbreaking for $25 million in new buildings and renovation of others has been held by the Cherokee Nation in Tahlequah. Cherokee Nation leaders say their Respond, Recover and Rebuild projects include construction of eight new facilities and the remodeling of four others in response to COVID-19. The projects range from PPE manufacturing and space …
ConocoPhillips announced that its board of directors has elected Eric Mullins to serve as a board member. Mullins has spent his career in finance, most recently founding Lime Rock Resources in 2005, a private equity fund focused on acquiring and developing low-risk oil and gas properties, where he currently serves as co-chief executive officer. …
