Oklahoma City-based Continental Resources, Inc. reported fourth quarter and full-year 2015 operating and financial results on Wednesday, showing a fourth quarter loss of $139.7 million or $0.38 per diluted share. The net loss for the quarter totaled $8…
Category: Oil & Gas
Brockovich Pushes Legislature to Attack Earthquake Problem
Environmental activist Erin Brockovich took her anti-fossil fuel message to the state Capitol on Wednesday, hoping to influence legislators to take steps to end earthquakes that many believe are being caused by wastewater disposal wells. She is seekin…
Pipeline and Refinery Operations are Kind to Holly Energy
Dallas-based Holly Energy Partners, L.P., the firm which owns part of a 135-mile crude oil pipeline from Cushing, Oklahoma to El Dorado, Kansas as well as a refinery in Tulsa announced its fourth quarter and yearly earnings showing growth in both.
Cas…
Chesapeake Energy Unloads 8,500 Wells in Debt Relief Effort
While Chesapeake Energy prepared to release its quarterly and yearly earnings for a year that hasn’t been kind to the Oklahoma City-based company, it was announced Houston-based Haymaker Resources just purchased mineral and royalty interests involving …
Rubio to Campaign at Devon Tower on Friday
In announcing Marco Rubio’s campaign appearance set for Friday in Oklahoma City, his campaign also confirmed that Larry Nichols, co-founder of Devon Energy Corp. is an energy advisor to the Florida U.S. Senator who’s hoping to pick up the Republican no…
Lucid Energy Gets $350 million From EnCap Flatrock Midstream
Dallas-based Lucid Energy Group II, LLC announced it has secured an initial equity commitment of $350 million from EnCap Flatrock Midstream, a San Antonio company with offices in Oklahoma City and Houston, Texas.
Lucid’s a company with a midstream foo…
Sanders Bringing his Anti-Fossil Fuel Campaign to Oil-Rich Tulsa
Bernie Sanders will bring his campaign promoting climate change and free education to Tulsa on Wednesday, a city that was built on the state’s rich oil history but an industry that Sanders wants to eliminate. He will speak during an appearance in the s…
Idaho Legislature Works to Speed Oil and Gas Production
In Idaho, a Senate committee has voted 8-1 in favor of an industry-backed bill speeding up natural gas and oil production in the state. The bill approved by the Senate Resources and Environment Committee would change the state’s decision making proces…
New Chairman at Oil States International
The former CEO of EOG Resources, Mark Papa has taken over as chairman of the board of Oil States International Inc. in Houston. He replaces Stephen Wells who has resigned after 10 years leading the company. Wells will continue as director of the compan…
Erin Brockovich to Headline Earthquake Forum in Edmond
An earthquake forum to be held Tuesday on the campus of the University of Central Oklahoma will feature environmentalist Erin Brockovich, the advocate whose life story was turned into a movie starring Julia Roberts.
She and others will discuss the num…