A big week for three Oklahoma based energy companies as we learn more about their financial status during this prolonged oil and gas downturn. Devon Energy, Seventy Seven Energy Inc. and Williams Cos. will release their fourth quarter and full-year 201…
One of the strongest earthquakes in more than a few years in Oklahoma struck Saturday morning in Major County. It measured 5.1 magnitude and according to the U.S. Geological Survey struck at 11:07 a.m. and its epicenter was located 17 miles northwest …
Another dismal week has been reported of the rig counts in Oklahoma and the U.S. as both suffered losses—four for Oklahoma and 30 nationally according to the latest data from Baker Hughes Corporation in Houston, Texas.
Oklahoma dropped by four more …
With what some analysts described as a “deteriorating net income” at Oklahoma City-based Devon Energy, several of the firm’s top executives, including President and CEO David Hager sold off shares this week, according to filings with the Securities and…
Closer and closer to $1 a gallon for gasoline in Oklahoma. Will it happen? The cheapest gasoline in the state, according to Gas Buddy is $1.06 in south Oklahoma City. And more than a dozen stations and convenience stores are pumping gasoline in Oklah…
Optimism still abounds at Jones Energy, the Austin, Texas based independent energy company that is active in western Oklahoma and the Texas Panhandle. The company reported 2015 year-end reserves grew despite a nearly 60 percent cut in the company’s cap…
Oklahoma City-based Seventy Seven Energy Inc. will release its 2015 full year and fourth quarter operational and financial results before the market opens on Wednesday, Feb. 17.
A conference call will also be held to discuss the results later that day…
Fort Worth-based Black Mountain Oil and Gas LLC has announced the closing of a $150 million equity commitment from Natural Gas Partners through NGP Natural Resources, XI, L.P.
“Our partnership with NGP will allow us to evaluate a broad opportunity set…
As layoffs in Oklahoma’s energy sector grow weekly, is the story being heard in Washington D.C.’s Beltway? U.S. Senator James Lankford says it is among those like him who represent oil and natural gas states.
“I would disagree with those affected by …
Survival. It’s what oil and natural gas companies are dealing with as energy prices swirl lower and lower. The very idea that some major companies that once could afford to wait out the low prices now cannot because they accumulated too much debt in th…
