MCCLAIN COUNTY Red Rocks Oil & Gas Operating Llc Hunton(ls Chmnl) Chmnl Sycamore Viola: Oil 8 Gas 166 Water 45 Flow 32 5N 4W Mcfall 1-32, September 18, 2020 SH, GAS, TD: 12200 ft Lat: 34.86080, Long: -97.65027 API: 35087220120002
May 12, 2021 archive
Permits to drill for May 12, 2021
Alfalfa County PIPER TRUST A #1-33, May 12 2021 33 29N 11W CNWSE API: 00323399 Lat: 36.947767836215895, Long: -98.38916243631581 TRANS PACIFIC OIL CORPORATION SH, DR, 5600 ft, TONKAWA(4150), KANSAS CITY(4380), MARMATON(4670), CHEROKEE GROUP(4800), MISSISSIPPIAN(4950), SYLVAN DOLO(5400) Grady County LINTON #3-32-5XHW, May 12 2021 29 6N 6W SWNWSWSE API: 05124826 Lat: 34.959238108898845, Long: -97.85457251773067 CONTINENTAL RESOURCES INC MU, …
New officers picked at OERB
The Oklahoma Energy Resources Board (OERB) is announcing a new slate of officers and two new board members. David Le Norman was elected as the Chairman of the Board of Directors and Kristin Thomas was elected as the Vice-Chairman. David Le Norman is managing partner of Reign Capital Holdings LLC. He has more than …
8-week high hit by US crude oil prices
With another increase in Wednesday’s trading both in the US and in Europe, crude oil prices hit an eight-week high and approached the $70 a barrel mark overseas. Oklahoma energy stocks didn’t go with them. West Texas Intermediate crude went up 80 cents or 1.2% to finish the day at $66.08 on the New …
Ascent Resources Utica Holdings reports 1Q 2021 operating and financial results
The first quarter of 2021 for Oklahoma City-based Ascent Resources Utica Holdings was so strong that it not only generated $54 million of free cash flow but made enough to eliminate all debt maturities until the second quarter of 2024. The company reported adjusted EBITDAX of $240 million and net cash provided by operating …
Continental resumes STACK and SCOOP exploration
One of Oklahoma’s major oil and gas producers is slowly expanding its exploration efforts in the STACK and SCOOP plays. Continental Resources recently received a drilling permit for Blaine County, one of the three principal counties that make up the STACK. It intends to drill the SLAGELL #2-20-29-32XHM, at a site southeast of Thomas and …
SandRidge Energy 1Q earnings doubled
SandRidge Energy reported a major jump in adjusted earnings of $21.7 million in the first quarter 2021 compared to $9.1 million in the previous quarter. The company also saw improved net cash by $48.2 million to a net cash position of $56.5 million compared to a net cash position of $8.3 million …
ALLETE’s CEO named board chair
The board of directors of ALLETE Inc., the Duluth, Minnesota energy firm with wind farms in southern and western Oklahoma picked company President and CEO Bethany M. Owen to be chair of the board. The move was effective Tuesday of this week. Owen has served as ALLETE’s president since 2019 and chief executive officer …
Two solar farms coming to Southeast Kansas
Work is underway on the construction of two solar farms near Girard in Southeast Kansas and once they’re up and running, they will provided enough electrical power for 80,000 homes. KSN reported that Heartland Rural Electric Cooperative partnered with the Greenbush Education Service Center and Today’s Power Incorporated to help give renewable energy …
KCI airport now powered 100% by wind energy
A wind farm in southwest Kansas is now providing 100% of the electricity to power the Kansas City International Airport. The electrical power comes from the Cimarron Bend wind farm in Clark County where Ashland is the largest city. KSHB 41 also reported that in addition to the municipally owned airport, KCMO said …
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