Those sliding oil and natural gas prices have taken a hit on another Oklahoma based energy company as its trading on the New York Stock Exchange has dropped to such low points that it has been warned of being in non-compliance.
Seventy Seven Energy In…
Category: Oil & Gas
Exchange Warns Seventy Seven Energy
Chesapeake Energy Suspends Quarterly Dividends
While other companies have reported quarterly dividends, Oklahoma City-based Chesapeake Energy has suspended payments on each series of its outstanding convertible preferred stock effective immediately.
Money problems have caught up with the company a…
Some say Oklahoma Should Follow Arkansas in Earthquake Actions
If the state of Arkansas responded and solved its earthquake problem apparently caused by energy industry injection wells, why can’t the state of Oklahoma do the same thing? It’s what News 9 reporter Alex Cameron investigated and reported on this week…
Oil Exploration Continues in Oklahoma Despite Falling Prices
Oil prices might be around $27 to $28 a barrel, but exploration companies keep drilling in Oklahoma as witnessed by some of the latest completion reports published on OK Energy Today.
Oklahoma City-based Continental Resources filed completion reports …
Oil Exploration Continues in Oklahoma Despite Falling Prices
Oil prices might be around $27 to $28 a barrel, but exploration companies keep drilling in Oklahoma as witnessed by some of the latest completion reports published on OK Energy Today. (See OK Energy Today)
Oklahoma City-based Continental Resources fil…
Quarterly Distribution Announced by EnLink Midstream
Dallas-based EnLink Midstream companies announced Thursday quarterly distributions for EnLink Midstream Partners LP and EnLink Midstream LLC for the fourth quarter of 2015.
The quarterly distribution on the Master Limited Partnership’s common units wi…
Energy Group Praises SandRidge and State Earthquake Agreement
The Oklahoma Oil and Gas Association is calling an agreement between the state and SandRidge Energy a “positive outcome” in the move to reduce injection well operations suspected of causing earthquakes in northern Oklahoma.
“The processes at the Corpo…
What Looms Ahead for Oil and Gas Companies
No telling what fourth quarter earnings will be like for some of the oil and gas firms in Oklahoma when they issue reports in the coming days. But here’s an indication why Devon Energy is making layoffs and other companies are retrenching their product…
Biggest Oil Pipeline Yet Approved in North Dakota
The biggest capacity crude oil pipeline proposed for North Dakota won approval this week by North Dakota regulators. The $3.8 billion line, stretching 1,150 miles across four states, would move nearly 600,000 barrels daily from the Bakken oil patch t…
Devon Energy to Start Layoffs Amidst Downturn in Prices
Devon Energy has become another major energy company in Oklahoma to blink in the midst of the oil price downturn. The Oklahoma City based company confirmed Wednesday it is preparing to make layoffs over the next few months, calling it a “necessary part…