Ascent Resources, LLC announced final results of its Dutch auction tender offer to buy up to $25 million in some of its common unit, showing 3.5 million units tendered at a purchase price of nearly $82 million. Ascent Resources, LLC announced the final results and expiration of its previously announced “unmodified reverse Dutch auction” …
The constitutional challenge of Oklahoma’s Energy Discrimination Elimination Act, the law targeting companies and their ESG policies discriminating against oil and gas, prompted some legislators to propose changes. The challenge, now in the hands of the Oklahoma Supreme Court, also led to a fight between Treasurer Todd Russ and Attorney General Gentner Drummond. Senate …
** Vaquero Midstream, a natural gas gathering and processing midstream company operating in the Delaware Basin, announced plans for two major system expansion projects – a new 70-mile 24-inch high-pressure pipeline loop and a 200 million cubic feet per day (MMcf/d) cryogenic processing plant to increase Vaquero’s gathering capabilities from the state line area down …
Legislation carried by Rep. Dell Kerbs, R-Shawnee, to modernize the process for selling state-owned railroad assets passed the Oklahoma House of Representatives by a vote of 81-8. Senate Bill 341 directs the Oklahoma Department of Transportation (ODOT) to initiate a request for proposals process for the sale of any railroad assets owned by the …
