Halliburton Company is already planning for the release of its third quarter financial results. The company announced it will make the release before the start of a conference call scheduled for Thursday, Nov. 7, 2024. The call will begin at 8 a.m. Central Time. The Company will issue a press release regarding the third …
Category: Oil & Gas
ONEOK offers $7 billion in notes to pay for acquisitions
ONEOK, Inc. announced that it has priced an offering to sell $7.0 billion of senior notes, consisting of: $1.25 billion of 3-year senior notes at a coupon of 4.25%. $600 million of 5-year senior notes at a coupon of 4.40%. $1.25 billion of 7-year senior notes at a coupon of 4.75%. $1.60 billion of 10-year senior notes at …
Northern Arkansas Electric Cooperative drops one CEO and hires another
A northern Electric Cooperative has quietly removed its CEO Jeremiah Sloan and replaced him with a new interim boss. The change in leadership put Jeremiah Sloan out of a job as head of the Craighead Electric Cooperative. He’s been replaced by Mel Coleman, CEO of the North Arkansas Electric Cooperative and Coleman is pulling …
Oil and gas groups angry over federal judge’s ruling against Gulf of Mexico oil and gas operations
The Maryland Federal Judge’s ruling to vacate approval of some oil and gas drilling operations in the Gulf of Mexico has angered several oil and gas and energy groups. Six of them came out Tuesday opposing U.S. District Judge Deborah Boardman’s recent decision to vacate the 2020 Gulf of Mexico Biological Opinion, a ruling they …
AARP Town hall to focus on latest rate hike requests of OGE and PSO
Just as we reported this week about the expanding growth of utililty rate hikes around the country, AARP Oklahoma announced it intends to host an interactive telephone town hall and focus on rate hike proposes from two of the state’s largest utilities. The September 17 townhall, starting at 10 a.m. will take aim …
Energy briefs
** The Biden administration is approving a major electric power transmission project as well as a solar project in Nevada, it announced Monday. The Greenlink West Transmission Project will create a system of new power lines from North Las Vegas to Reno. When completed, the project could transmit enough energy for 4.8 million homes. ** U.S. House representatives from …
Crude oil plummets to lowest levels in 3 years
Crude oil prices hit their lowest level since December 2021 after trading ended on Tuesday. Each fell nearly 4%. It came after OPEC+ reconsidered and lowered its demand forecast for 2024 and 2025, a move that offset supply worries from Tropical Storm Francine, according to Reuters. The final results? West Texas Intermediate crude dropped $2.96 …
EIA anticipates return to $80 oil
Will crude oil prices rebound back into the $80 range? The U.S. AEnergy Information Administration thinks so. The EIA came out this week with its review of oil prices and stated it expects that Brent crude oil prices will return to above $80 per barrel this month, after dipping to $73 per barrel on …
More than $524 million offered for Gulfport Energy Corporation’s senior notes
Oklahoma City’s Gulfport Energy Corporation announced the final results and expiration of the previously announced cash tender offer by Gulfport Energy Operating Corporation, a wholly owned subsidiary of Gulfport, to purchase any and all of the outstanding 8.0% Senior Notes due 2026 of Gulfport Operating. As of 5:00 p.m.on Monday, New York City …
Valor Energy wraps up asset acquisitions in Oklahoma Panhandle and SW Kansas
The Dallas-based company, Valor Energy Partners, LLC, has completed the acquisition of the Northwest Flats Unit, a water flood project development located in Texas County, OK and Morton County, KS in a privately negotiated transaction. It is a deal that gives Valor more holdings in the Oklahoma Panhandle and southwest Kansas. Morton County’s largest …







