Oklahoma City’s Continental Resources, Inc. released what it called “outstanding” first quarter results for 2021 showing net income of $260 million and 72 cents earnings per share. At the same time the company leadership projected $3.1 billion for full-year 2021 cash flow from operations and $1.7 billion projected full-year 2021 cash flow at …
April 28, 2021 archive
Completion reports for April 28, 2021
CANADIAN COUNTY Citizen Energy Iii Llc 5 11N 5W Switzer 5-8-11-5 3wxh, November 02, 2018 HH, DRY, TD: 19125 ft Lat: 35.46344, Long: -97.75675 API: 35017252640001 Citizen Energy Iii Llc 5 11N 5W Switzer 5-8-11-5 4mxh, November 17, 2018 HH, DRY, TD: 18830 ft Lat: 35.46350, Long: -97.75675 API: 35017252610001 Citizen Energy Iii Llc 5 11N 5W Switzer 5-8-11-5 2mxh, …
Permits to drill for April 28, 2021
permits: none were processed today
Devon to seek more investors at May presentation
Another effort to reach out to potential new investors will be made next month by Oklahoma’s Devon Energy Corp. The company announced its management will make a presentation at the Citi Global Energy & Utilities Virtual Conference to be held Wednesday, May 12. The presentation will begin at 8:30 a.m. Central Time and will …
Another big gain as crude oil prices reach 6 week high
Crude oil prices made another big gain in Wednesday’s trading finishing close to $64 a barrel in the US and more than $67 a barrel in Europe. It was their highest finish in six weeks and at the same time, Oklahoma energy stocks soared. Investors responded a day after OPEC+ decided to continue gradually …
Completion reports for April 27, 2021
CREEK COUNTY Terrain Energy Llc Red Fork-skinner Lower: Oil 45 Water 60 Pump Big Lime-oswego: Oil 5 Water 20 Pump 32 19N 7E Terrain 1-32, September 10, 2019 SH, OIL, TD: 3095 ft Lat: 36.08474, Long: -96.59200 API: 35037294210001 GRADY COUNTY Roan Resources Llc Mississippian: Oil 287 Gas 526 Water 1335 Pump 15 9N 5W Victory Slide 22-27-9-5 2mxh, September 22, 2020 HH, OIL, TD: 19167 ft Lat: …
Permits to drill for April 27, 2021
Creek County VANORSDOL #3, April 27 2021 29 15N 9E NWSENENE API: 03729476 Lat: 35.75089223220521, Long: -96.37059493033016 WFD OIL CORPORATION SH, DR, 2550 ft, TRUE LAYTON(1250), SKINNER(2300), RED FORK(2500) Creek County MANNING #2, April 27 2021 29 15N 9E NWSESWNE API: 03729475 Lat: 35.749980028056456, Long: -96.37564979226927 WFD OIL CORPORATION SH, DR, 2450 ft, TRUE LAYTON(1200), SKINNER(2300) Harper …
Improved quarterly finances for Alliance Resources
Tulsa’s Alliance Resource Partners L.P., one of the largest coal-mining operations in the U.S. reported a large gain in net income in the just concluded quarter. Its net income soared $169.5 million to $24.7 million or 19 cents a basic and diluted limited partner unit. The increase in the quarter that ended March 31 …
New law requires Oklahoma regulators to file natural gas report
As of Dec. 1 of this year, the Oklahoma Corporation Commission will be required to report on recommendations to the legislature about the ability and appropriateness of natural gas utilities to buy, transport and deliver renewable natural gas to customers. Gov. Kevin Stitt recently signed Moore Rep. Mark McBride’s House Bill 1815 into …
Inhofe blasts Democrats’ National Climate Bank Act
Oklahoma U.S. Sen. Jim Inhofe let Democrats know at a hearing on their National Climate Bank Act that he was opposed to it, calling it phase one of their far-left climate agenda. In opening remarks as a member of the Senate Environment and Public Works Subcommittee on Clean Air, Climate and Nuclear Safety, Sen. …
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