CARTER COUNTY Continental Resources Inc 8 3S 3W Gallaway 2-8-7-6xhm, August 22, 2021 DH, DRY, TD: 13828 ft Lat: 34.30797, Long: -97.52941 API: 35019264480000 GRADY COUNTY Gulfport Midcon Llc 4 4N 6W Nelda 1-4x33h, December 20, 2021 DH, TA, TD: 15342 ft Lat: 34.84192, Long: -97.84053 API: 35051248750000
May 3, 2022 archive
Permits to drill for May 3, 2022
Alfalfa County MILLER C #2, May 03 2022 31 29N 12W CSENWNE API: 00323402 Lat: 36.95398880573761, Long: -98.53256425611518 TRANS PACIFIC OIL CORPORATION SH, RC, 5600 ft, MISSISSIPPI(4900), MISENER(5290), SYLVAN DOLO(5310), VIOLA(5360), SIMPSON(5430) Canadian County DOYAL SELVIDGE #2-15, May 03 2022 15 11N 10W S2N2S2NE API: 01723128 Lat: 35.42963802834459, Long: -98.24103754011529 DEVON ENERGY PRODUCTION CO LP SH, RC, …
Supreme Court Justices blast Attorney General for “failure” to represent OGE consumers
In the Tuesday Oklahoma Supreme Court ruling that upheld the constitutionality of an act allowing utilities to seek ratepayer bonds for 2021 winter storm costs, Attorney General John O’Connor was taken to the wood shed by one Justice for not standing up for the consumers of Oklahoma. “The utility consumers that the Attorney General …
Gulfport Energy reports strong quarterly showing
Improved earnings and natural gas production for Gulfport Energy Corporation led the company to expand its stock repurchasing program. The company reported Tuesday its first quarter financial results showing $235 million of adjusted EBITDA. The company also said it was moving to expand its stock repurchasing program from $100 million to $200 million. In …
OK energy stocks had a strong day in trading while oil prices dropped
Those worries about China and its nagging COVID-19 lockdowns dragged down oil prices by more than 2% on Tuesday as Europe moved closer to a total embargo of Russian crude oil. But Oklahoma energy stocks had a good trading day. West Texas Intermediate crude oil for June delivery in the U.S. dropped $2.76 before settling …
Magellan Midstream hit with lawsuit alleging monopoly practices
Tulsa’s Magellan Midstream was accused of “anticompetitive practices” and running a pipeline monopoly in a lawsuit filed this week by Converge Midstream, LLC in Houston, Texas. Converge’s lawsuit, Converge Midstream Partners, LLC v. Magellan Crude Oil Pipeline Company, L.P. and Magellan Midstream Partners, L.P. was filed Tuesday in State District Court in Harris County, Texas. The …
Supreme Court upholds winter storm bonding law
In an 8-0 ruling, the Oklahoma Supreme Court ruled Tuesday that the state’s controversial winter-storm bonding securitization law, one created after the disastrous February 2021 Winter Storm Uri, was constitutional. And it ruled the bonds in question were properly authorized. The decision came in the initial request of Oklahoma Gas and Electric in its …
Mammoth annual meeting to be in-person
Mammoth Energy’s approaching annual meeting of stockholders will be an in-person gathering in Oklahoma City. It will not be a virtual meeting like previous ones prompted by the COVID-19 pandemic. In announcing the in person meeting in a proxy statement filed with the SEC, Mammoth stated that it would continue to monitor the public …
Gulfport’s annual meeting to be held in June
Gulfport Energy is preparing for the company’s annual shareholders meeting in June. The Board of Directors for the Oklahoma City company set the date for June 14 at 9 a.m. It will be a virtual meeting where shareholders will decide on the election of five directors, compensation to company executives and the ratification of …
ONE Gas reports improved earnings
As Oklahoma Natural Gas awaits a state supreme court ruling on its $1.4 billion securitization request because of the February 2021 winter storm, its parent company, ONE Gas, Inc. reported improved first quarter earnings of nearly $99 million in net income or $1.83 per diluted share. In announcing the earnings, the company said …
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