June 2023 archive

Offering announced of 1.3 million shares of Gulfport Energy Corporation

  Gulfport Energy Corporation announced Wednesday an underwritten public offering of 1.3 million shares of its common stock by certain stockholders. The Oklahoma City-based energy firm explained the selling stockholders intend to grant the underwriters a 30-day option to buy another 195,000 shares to cover any overallotments. Gulfport will not sell any shares of its …

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Exploring more politics of energy—Mitchell Talks Energy

  The ever changing world of energy, whether it’s the politics of government decisions, crude oil production or the environment—-you never know what will be included in the weekly discussion by Scott Mitchell and his “Mitchell Talks Energy” program where he interviews Jerry Bohnen of Oklahoma Energy Today. This week? This week Scott and Jerry discuss …

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Sen. Lankford wants Biden to withdraw Labor Secretary nomination

  Oklahoma U.S. Sen. James Lankford and more than 30 other senators, Markwayne Mullin among them, say it’s time President Biden withdraw his nomination of Julie Su to be Secretary of Labor. He was also joined by Sen. Mike Braun of Indiana, Senate Minority Leader Mitch McConnell of Kentucky and 30 fellow GOP Senators in …

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Nearly 88,000 PSO customers remain without power while OGE might be finished with restoration efforts

  The goal is Saturday evening for all of the Public Service Company customers who lost power in last weekend’s severe weather to have service restored. PSO said it had restored electricity to more than 117,000 customers as of Wednesday evening but another 87,633 were still without power. At one point, 204,000 PSO customers were …

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Senators take on California’s engine ban and EPA as well

  Oklahoma U.S. Sen. Markwayne Mullin along with senators from Kansas and Nebraska contend California should not have the right to ban car engines that rely on fossil fuels and allow the EPA to grant waivers from an existing environmental law. He and Sen. Roger Marshall of Kansas and Sen. Pete Ricketts of Nebraska are …

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Earthquakes recorded this week in southern Colorado

  Southern Colorado experienced two earthquakes this week around the Trinidad area, a region where some studies claimed to have linked the seismic activity to oil and gas wastewater injection wells. The Monday morning earthquakes were only five minutes and seven miles apart, reported the U.S. Geological Survey. The first measured 3.8 magnitude near the …

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OGE urges shareholders to reject mini-tender offer

  An unsolicited mini-tender offer by TRC Capital Investment Corporation is being opposed by OGE Energy Corp. TRC, a Canadian private investment corporation, included OGE Energy Corp. among other mini-tender offers over the past weeks. One was made for the purchase of up to 500,000 shares of Home Depot’s common stock and Home Depot responded …

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Latest EPA regulations could affect CVR biodiesel production at Wynnewood

  Just how the latest Biden administration setback for makers of bio and renewable diesel will affect the CVR refinery in Wynnewood in southern Oklahoma isn’t clear yet. But the setback handed such refineries involves federal quotas for the fat-based fuel that advocates say ignore a surge in production and a wave of investment in …

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Headlines of other energy stories

** A government watchdog group filed an ethics complaint against Special Presidential Envoy for Climate John Kerry on Tuesday morning, alleging he spread misinformation about climate change. In its complaint, Protect the Public’s Trust (PPT) alleged that Kerry violated federal scientific integrity policy — which requires officials to communicate scientific information accurately based on the best available evidence …

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Completion reports for June 20, 2023

BEAVER COUNTY Wynn-crosby Operating Lp Wabaunsee(3624): Water 160 Pump 19 6N 20E Gribi Trust A 1, April 13, 2023 SH, DRY, TD: 7000 ft Lat: 36.96654, Long: -100.94311 API: 35007223950001 CARTER COUNTY Ardmore Production & Exploration Co Fusulinid Low(5532): Oil 12 Gas 1 Water 4 Pump 35 3S 2W Aou 15-2, February 06, 2023 DH, OIL, TD: 6074 ft Lat: 34.24963, Long: -97.37462 API: 35019264460001 …

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