After laying off hundreds of workers at its Oklahoma operations, Halliburton reported a third quarter net loss of $17 million, a loss that compared to the $295 million in net income a year ago. It is on top of the $1.7 billion reported lost in the second quarter of the year which translated into …
Calfrac Well Services Ltd. shareholders in Calgary have spurned a takeover offer from Texas-based Wilks Brothers LLC at a contentious meeting where the sparring sides put forward two different plans for the heavily indebted fracking company. Financial Post reported that shareholders owning more than two-thirds of the company’s stock voted in favour of a recapitalization …
State Rep. Trey Caldwell, R-Lawton, led a recent interim study to discuss the current systems in place for emergency management and ways to improve response time. The study was presented before the House Public Safety committee. “When a person’s health or safety is at risk, they’re not concerned with whether the emergency responders come from …
Entergy Arkansas and NextEra Energy Resources will start construction next month on what will be the state’s largest sun power array with battery storage, a 100-megawatt plant in White County, Arkansas. The project, the Searcy Solar Energy Center, will employ 250 construction workers and include 10 megawatts of storage capacity for three hours of daily …
Oklahoma City-based Panhandle Oil and Gas Inc. has become PHX Minerals Inc. The name change took effect Oct. 8. Chad L. Stephens, Company President and CEO explained the firm embarked on a new corporate strategy at the beginning of the year to become a minerals-only company. “This new strategy means we will no longer …
A Lake Charles company has embarked on an ambitious plan to create a vast repository 10,000 feet beneath the Earth’s surface for the permanent storage of up to 80 million tons of carbon gas now released into the air by Louisiana industrial plants. The repository is actually a permeable layer of rock containing saltwater — …
Completion reports filed on October 19, 2020. CANADIAN COUNTY Citizen Energy Iii Llc Woodford(12501): Oil 21 Gas 1110 Water 1371 Flow 11 11N 9W Honey Springs 1h-2-35, May 31, 2020 HH, GAS, TD: 23043 ft Lat: 35.44927, Long: -98.11504 API: 35017255130002 CARTER COUNTY Mack Energy Co 7 2S 2W Sw Wildcat Jim Deese Unit 11-3, May 21, 2020 SH, INJ, TD: 4400 …
Permits to drill issued on October 19, 2020. Craig County SNEDDEN #21-29A, October 19 2020 29 27N 19E W2NWNENW API: 03521572 Lat: 36.799752025455575, Long: -95.30100186868187 NEOK PRODUCTION COMPANY LLC SH, DR, 1180 ft, BARTLESVILLE(330), ROWE(470), RIVERTON(545), MISSISSIPPIAN(565), WOODFORD(925), ARBUCKLE(980)
** Climate change is among the six topics set for discussion between President Donald Trump and Joe Biden at the final presidential debate this week. ** President Trump approves California’s request for a disaster declaration to clean up damage from six recent deadly and destructive wildfires after initially rejecting it. ** An ongoing federal criminal probe and numerous fines …
Monday’s trading did not produce the kind of turnaround that leaders of some Oklahoma and other energy companies wished would happen. As Friday prices slipped, so did those on the opening day of trading for the week. Alliance Resource Partners lost 5 cents or about 2% to slide to $2.63 a share. Blueknight Energy …
