Oklahoma Congressman Frank Lucas is among those who contends the Green New Deal pushed by Democrats is really a “bad deal” for American consumers. He says Congress should hold immediate hearings into the plan to determine what is actually in the plan and how it will affect the country. “The vague document we’re trying to …
Chesapeake Energy Corporation in Oklahoma City says its private offers to exchange new 8% Senior Notes due 2026 resulted in $883.5 million in offerings. The company said it totaled 59.7% of existing notes as of 5 p.m. New York City time on March 18, 2019. The following table sets forth the approximate …
Former Oklahoma Attorney General Drew Edmondson will be one of the speakers when an Oklahoma Water Lobby Day is held next week at the State Capitol. He will be among those taking part in the March 27 event. Others include Delaware County community organizer Pam Kingfisher and Ponca Tribe Councilwoman Casey Camp-Horinek. Edmondson, a …
Oklahoma City’s Chaparral Energy Inc. saw shares jump 26 percent in trading on Tuesday. In higher than average trading, the oil and gas company saw stock prices add $1.16 and closed the day at $5.62 per share. It turned out to be the largest percentage gainer on the New York Stock Exchange for the day. …
Oklahoma City’s MidCentral EnergyPartners LLC announced it has joined Orion Energy Partners, L.P. in a strategic financial partnership. Under the agreement, the senior secured credit facility from Orion Energy will provide MidCentral with capital to support the organic expansion of its market-leading pressure control business and select growth opportunities in adjacent businesses. MidCentral is an …
The massive fire at the Houston-area petrochemicals terminal is expected to burn for another day or two according to officials at the scene. The fire began over the weekend at the Intercontinental terminals Company in Deer Park which is about 15 miles southeast of Houston. Fortunately, no one has been hurt in the incident as …
Sales of company shares by management at Oklahoma City’s Chesapeake Energy were reported this week in a company filing with the U.S. Securities Exchange Commission. CEO Robert D. Lawler disposed of 97,200 shares valued at $2.97 each leaving him with 5,181,132 shares in the company. Executive Vice President and Chief Financial Officer Domenic Jr. Dell’Osso …
The environmental law group Earthjustice is asking a federal judge in the District of Columbia to grant a summary judgment in its fight to stop Oklahoma from regulating the disposal of coal ash. The new filing is the latest in the lawsuit brought by Earthjustice after the Environmental Protection Agency under the control of then-administrator …
Tulsa-based Cypress Energy Partners, L.P. reported a 28% increase in fourth quarter revenues totaling $88.9 million. The increase was from 2017. Revenue for 2018 totaled $315 million and increased 10% compared to $286.3 million at the end of 2017. The company said the increase occurred even though two saltwater disposal operations in Texas were sold …
Pipeline operator Tallgrass Energy, LP announced the promotion of Chief Operating Officer Bill Moler to President. The move is effective immediately and David G. Dehaemers Jr. will remain as CEO and Moler will also keep his current COO title. A 30-year veteran of the oil and gas industry recognized for his deep expertise in the …
