June 7, 2022 archive

Completion reports for June 7, 2022

PONTOTOC COUNTY Citation Oil & Gas Corporation Commingled: Oil 56 Water 1961 Pump 27 2N 7E East Fitts Unit 21-23, December 15, 2021 SH, OIL, TD: 4302 ft Lat: 34.61620, Long: -96.56049 API: 35123238960000

Permits to drill for June 7, 2022

Beaver County BUTTCH #1-13, June 07 2022 13 4N 26EC CSWSW API: 00725434 LATIGO OIL AND GAS INC SH, RC, 6300 ft, LOVELL (TORONTO)(4850), KANSAS CITY(5440), MARMATON(5830), CHEROKEE(6115) Canadian County MARBLE 1307 #1SMH-34, September 24 2021 03 12N 7W NENENWNW API: 01725706 Lat: 35.550729433498866, Long: -97.93317765737814 CANVAS ENERGY LLC HH, AM, 14500 ft, MISSISSIPPIAN(9626) Canadian County MARBLE …

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Crude oil recovers and OK Energy stocks score big gains

  U.S. crude oil prices finished up 1% Tuesday at a three-month high, bouncing back from a slight drop in Monday’s trading. Traders said the gain was based on supply concerns and a number of other geopolitical issues including the prospects for demand growth in China where coronavirus lockdowns are finally being eased. It also …

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Gooney Bird to highlight civic meeting in OKC

  The Gooney Bird, the Unsung Hero of WWII is coming to this week’s Bradley Breakfast in Oklahoma City, a gathering of local leaders of business, private organizations, county, state and federal government officials who want to be involved in issues of importance to Oklahoma. The Tuesday morning event will feature the newly produced documentary …

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States to copy Texas law targeting financial firms over oil and gas

  More states are lining up to follow Texas and Oklahoma laws that stop financial companies from boycotting fossil fuel companies by withholding financial assistance. The original bill was passed last year in Texas and is being enforced this year reported Gizmodo. Click here for Gizmodo

Laredo exec joins others in cashing out on high prices

  As shares of Tulsa’s Laredo Petroleum soared from $36 to nearly $109 over the past year, company President and CEO Jason M. Pigott unloaded nearly 7,000 shares in the company. A filing by the company with the Securities and Exchange Commission showed Pigott sold 6,932 shares when prices hit more than $107. It resulted …

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Enviros cheer Ford’s EV decision in KC

  Clean energy advocates in Kansas City are applauding Ford Motor Company’s investment in electric vehicle production in Missouri. Last week, Ford announced it would invest $95 million in its Kansas City plant toward electric commercial van production, a move that would add about 1,200 jobs according to KRCG 13 news. Click here for KRCG …

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Southern Oklahoma also has $5 gas

  As one of our readers at OK Energy Today showed us, you don’t have to drive to southwest Oklahoma to find $5 gas. Phil Chivers forwarded the picture of fuel prices at the intersection of Interstate 35 and State Highway 7 in southern Oklahoma. In case you’re wondering where that is along I-35, it’s …

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Empire Petroleum to join Russell 3000 Index

Tulsa’s Empire Petroleum Corporation says it’s soon going to be trading over the broad-market Russell 3000 Index. The company, with current producing assets in Texas,  Louisiana, North Dakota, Montana and New Mexico, is set to join the  Index at the conclusion of the 2022 Russell indexes annual reconstitution on June 27, 2022. Empire is included on …

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Mammoth Energy to Puerto Rico—“enough is enough!”

  Mammoth Energy Services came out again this week with a demand that Puerto Rico pay the Oklahoma City company hundreds of millions it is owed over its power restoration work following Hurricane Maria in 2017. In a press release, Mammoth issued the call on the Puerto Rico Electric Power Authority, better known as PREPA, …

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