July 9, 2023 archive

OG&E Update on Electric Service Restoration Following July 9 Storms

In the wake of significant overnight storms with 70+ mph winds, OG&E began working to restore electrical service in areas affected by an outage. Field personnel continued to make good progress restoring power to 90% of customers who experienced an outage across its service area. As of 5 p.m. on Sunday, approximately 1,000 customers remain …

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Latest IPO in Permian Basin involves two former Ring Energy executives

Two former executives of Texas-based Ring Energy are forming their own company—Rise Oil & Gas. Hart Energy reported that Kelly Hoffman and Daniel Wilson have started laying the groundwork for an IPO of their Permian Basin E&P startup. Hoffman was CEO of Ring Energy and Wilson was Ring’s executive vice president and COO. Click here …

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