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: …
Permits to drill issued on October 23,2020. Payne County FRIEDMANN #1-33, October 23 2020 33 19N 3E NENENENE API: 11923301 Lat: 36.0867616896382, Long: -96.98064297080879 PRESLEY OPERATING LLC DH, RC, 4319 ft, CLEVELAND(3369), RED FORK(3834)
North Dakota officials say there isn’t enough time left to clean up every abandoned oil field well site they had intended to this year using federal coronavirus aid, so they want to repurpose $16 million and put it toward grants for fracking. Regulators present the proposal as a way to create jobs and help …
When Joe Biden rolled out his campaign’s environmental policies in June 2019, he said Americans need to take “drastic action right now to address the climate disaster facing our nation and the world.” But the Democratic presidential nominee is taking half-measures to offset the planet-warming carbon dioxide emissions produced by his campaign for president. …
