Tulsa-based Laredo Petroleum, Inc. expanded its Permian Basin holdings in West Texas with a more than $11 million acquisition of nearly 2,800 acres in Howard County. The company said its acquisition of the 2,758 net acres included production of 210 barrels of oil equivalent a day of which 80% is oil. The price was …
“The sooner the merger is closed, the sooner we can integrate the organizations and become one Devon.” (SEC filing) Devon Energy and WPX energy made it clear in a filing with the Securities and Exchange Commission—the faster their merger can be completed the better. In Friday’s filing with the SEC, Devon stated, “Both the Devon …
For the first time, the State of Oklahoma has developed a statewide plan for public transportation that unites urban and rural transit services by laying out mobility priorities for the next 20 years. On Friday, Oct. 23, the draft Oklahoma Public Transit Policy Plan was released to the public by the Oklahoma Department of …
SandRidge Mississippian Trust II announced a distribution of approximately $6.2 million, or $0.125 per unit, reflecting the net proceeds received from the sale of the Trust’s assets to SandRidge Energy, Inc. on September 10, 2020. The trust owned royalty interests in the Mississippian formation in Alfalfa, Grant, Kay, Noble and Woods counties in northern …
Alliance Resource Partners, L.P. announced a more than 39% increase in its third quarter earnings as they reached nearly $356 million. The Tulsa-based company said its net income rose 158% to $27.2 million or 21 cents a basic share and EBITDA climbed 146% to $118.8 million as compared to the second quarter of 2020. …
For many Oklahoma energy stocks, Friday proved to be a third consecutive day of positive trading as they made gains. Others did not. Alliance Resource Partners finished up 30 cents for a nearly 11% gain to $3.12 per share. Blueknight Energy Partners rose 3 cents for a 2.16% increase to $1.42. Chesapeake Energy slid …
Oklahoma Rep. Markwayne Mullin, a co-chairman of the House Energy Action Team joined House Republican Whip Steve Scalise of Louisiana on Friday in blasting Joe Biden’s debate statement to “transition” away from oil and gas. Wither South Carolina Rep. Jeff Duncan, they blasted his plan as “unrealistic and dangerous” to outlaw fossil fuels and …
Investors in Oklahoma City-based Mammoth Energy Services, Inc. await coming word whether the company might have turned around its third quarter earnings after reporting $15.2 million or 33 cents a share in losses in the second quarter of the year. The company announced that it intends to release financial results for the third quarter …
The New Mexico Oil and Gas Association contends that regardless of what it is called – a federal leasing ban, a federal fracking ban, or a federal permitting ban – the result is devastating for New Mexico. “Any proposal restricting oil and gas development on federal lands would only result in the elimination of …
Completion reports filed on October 23, 2020. BLAINE COUNTY Husky Ventures Inc 1 19N 11W Captain America 1-1h, October 01, 2019 HH, DRY, TD: 10608 ft Lat: 36.14532, Long: -98.33321 API: 35011242350000 CRAIG COUNTY Neok Production Company Llc Arbuckle(972): Oil 0.5 Water 25 Pump 20 27N 19E Fred Hartley 14-20c, January 28, 2020 SH, OIL, TD: 983 ft Lat: 36.80173, Long: …
