Author's posts
Blueknight Energy to Make Presentation
Oklahoma City-based Blueknight Energy Partners L.P. plans to make a presentation this week at the Master Limited Partnership Association’s 2016 MLP Investor conference in Orlando, Florida. Mark Hurley, Chief Executive Officer, Brian Melton, Vice-President of Business Development and Alex Stallings, Chief Financial Officer will make the presentation at 11 a.m. Eastern Time on Thursday, June …
US House Passes Energy Reform Bill—-Oklahoma Representatives Supported It
Environmentalists don’t like it but the U.S. House has approved a new version of the energy policy overhaul on a 241-178 vote that was along party lines. Oklahoma’s U.S. Representatives James Bridenstine, Tom Cole, Frank Lucas, Markwayne Mullin and Steve Russell were among the 241 who passed the bill that resurrects the Keystone XL pipeline …
Boren Makes $200,000 Sale of Continental Resources Shares
In what is considered ‘legal’ insider trading, University of Oklahoma President David Boren sold 5,000 shares this week he had as a board of director member at Continental Resources. The May 20 sale, according to The Market Digest showed Boren sold the shares at $41.10 a share for a total value of $205,502. The sale …
Harold Hamm Remains Oklahoma’s Richest Man Even after Losing More than $9 billion in 20 Months
Even after losing more than $9 billion over a year and a half period, Oklahoma oilman Harold Hamm, the man who founded and still runs Continental Resources remains the richest man in Oklahoma. He is still sitting pretty as he manages his vast fortune and empire. Forbes reports the $9.4 billion lost over the past …
SEC Gives Go-Ahead to Williams Companies to Mail Merger Ballots
The U.S. Securities and Exchange Commission has granted approval to Williams Cos. of Tulsa to its Form S-4 document required for shareholders to be able to vote on the controversial proposed merger with Dallas-based Energy Transfer Equity. The approval came Wednesday in which the SEC ruled the form is “effective.” It is a document used …
Wichita Tech Firm Doubling Employment
At least 100 new years will be added in the coming year by SNT Media based in Wichita, Kansas. The 5-year old company announced plans to more than double the current workforce of 80 employees over the next 12 months. “We are solidly operationalizing here in Wichita,” said Tonya Witherspoon, a spokeswoman for the company …
Biomass Electricity Production Increases Most in the South
When it comes to the use of biomass in producing electricity across the nation, the country’s deep south is leading the way. While Oklahoma is considered part of the southern states creating the electricity, the increased use of biomass really occurred in Virginia, Florida and Georgia. US electricity generation, according to the U.S. Energy Information …
South Central Kansas Oilman Indicted in $8 million Scheme
A south central Kansas man has been indicted on charges of running a nearly $8 million oil and gas scheme and if he’s convicted could get up to 20 years in prison. Federal prosecutors in Wichita revealed the indictment this week against David Lawson of Hillsboro, Kansas. the 70-year old was the owner and director …
Senator Contends Wind Industry is Doing Nothing to Help the State
When the State Senate approved SB 1577 this week, only two Senators voted against cutting the tax credit for the state’s at-risk oil wells. One of them was Sen. Ralph Shortey of Oklahoma City who led the debate against putting a $12.5 million cap on the credits that were expected to swell to $25 million …
Inhofe Cites Proof Feds are using WOTUS for Overreach
Oklahoma U.S. Sen. Jim Inhofe says he and his supporters are still fighting the “overreach” of the federal government, especially when it comes to the Waters of the U.S. Rule that is on hold in the federal courts. “I have heard concerns that the Corps and EPA are continuing to expand federal control over land …