November 10, 2020 archive

Completion reports for November 10, 2020

Completion reports filed on November 10, 2020. CANADIAN COUNTY Roan Resources Llc Woodford: Oil 613 Gas 1258 Water 1652 Pump 22 10N 5W Mcneff 22-27-10-5 2xh, September 04, 2018 HH, OIL, TD: 19350 ft Lat: 35.33272, Long: -97.71731 API: 35017251980000 Travis Peak Resources Llc Mississipian Lime: Oil 181 Gas 8568 Water 1597 Flow 25 12N 9W Hanneman 1h-26, November 06, 2019 HH, GAS, TD: 17337 ft …

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Permits to drill for November 10, 2020

Permits to drill issued on November 10, 2020. Kingfisher County POST BROTHERS 1607 #3H-27X, November 10 2020 34 16N 7W NESWNWSE API: 07326718 Lat: 35.81770758221674, Long: -97.93110947436513 OVINTIV MID-CONTINENT INC. MU, DR, 17928 ft, MISSISSIPPIAN (LESS CHESTER)(7695) Kingfisher County POST BROTHERS 1607 #4H-27X, November 10 2020 34 16N 7W NESWNWSE API: 07326719 Lat: 35.817762523207264, Long: -97.93110947965154 OVINTIV …

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Energy stocks slide after Monday’s big day

A day after energy stocks soared and at least one Oklahoma company saw a 26% jump in the value of its shares, things settled down on Tuesday’s trading. Oil futures went up while many energy stocks made weak gains. West Texas Intermediate crude for December contracts gained 69 cents or 1.67% to settle at $42.05. …

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Chesapeake bankruptcy update

Chesapeake Energy reports it is the target of more than 7,000 claims of debt totaling more than $11 billion in its Chapter 11 bankruptcy that was filed in June 2020. In a Form 10-Q filing with the Securities and Exchange Commission, the Oklahoma City-based company said nearly 7,350 proofs of claim with an aggregate amount …

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Wynnewood Refinery wins court fight with OSHA

    The new owner of the Wynnewood refinery in southern Oklahoma has won a court fight over an OSHA finding that it violated safety rules and regulations which led to a boiler explosion. The 10th U.S. Circuit Court of Appeals agreed with Wynnewood Refining Co., LLC that it should not have been cited by …

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Massive Lowe’s distribution center to be located in north Texas

  Lowe’s has chosen a north Texas site near Denton to be the location of a more than half-million square foot industrial distribution center. Located near I-35 in the Denton Westpark business park, the nearly 650,000-square-foot building was completed by Exeter Property Group. “To provide faster e-commerce shipping options direct to customers, we plan to …

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Devon raises more than $35,000 for western Oklahoma nonprofits

  As part of its annual Give for Good fundraising campaign, Devon Energy and its employees raised over $35,000 to support Oklahomans in need. Employees participated in an online auction, punch wall fundraiser and made pledges to raise money for the Weatherford Food & Resource Center and United Way of Canadian County. “This year has presented challenges we …

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Mancamp provider Civeo approves reverse stock split

  Energy camp housing provider Civeo Corporation announced its Board of Directors approved a 1-for-12 reverse share split of the company’s common shares. Civeo, a company with headquarters in Houston and Canada had operations in Oklahoma’s oil and gas fields as well as other states in the U.S. The firm announced the reverse stock split …

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NGL Energy goes from $16 million loss to $6 million income

  Tulsa’s NGL Energy Partners LP turned things around in its second quarter of 2021 as the company reported $6 million of income compared to a loss of nearly $16 million in the previous quarter. NGL reported adjusted EBITDA of $138 million in the second quarter compared to $123.5 million a year earlier. “Our second …

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Energy news in brief

** Devon Energy Corp.  announced that management will present at the BofA Securities Global Energy Conference at 4:00 p.m. ET on Wednesday, Nov. 11, 2020. The presentation will be available to the public via webcast and will include forward-looking information. A link to the webcast will be accessible from Devon’s home page at www.devonenergy.com on the date of the …

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