Oklahoma City’s Riley Exploration Permian, Inc. announced it has launched an initial public offering of more than 6.6 million shares of common stock. Riley’s an independent Oklahoma oil and natural gas company whose exploration and developments are in the Permian Basin. The anticipated initial offering price is between $14 and $16 per share for 6,666,667 …
Tulsa’s Williams company announced it’s executed binding, 15-year commitments from two companies to transport natural gas through its proposed Leidy South expansion project along the East Coast. The commitments came from Seneca Resources Company, LLC and Cabot Oil and Gas Corporation. The two agreed to fill the line at 100 percent for the 580 million …
Wrecker operators in Oklahoma got notices this week of a change in the registration system maintained by the Oklahoma Corporation Commission. The Commission sent notices this week that the Commission’s IRP commercial vehicle registration system had been changed. The commission added a new vehicle type to the system to make sure vehicles in the system …
It’s a different kind of energy. But it’s still energy. Wheat and flour. Even OGE recognizes it. And this week, Archer Daniels Midland dedicated $32 million in improvements to its operations in Enid where Gov. Mary Fallin assisted during ceremonies on Monday. “This flour mill has served as an important hub for the region’s wheat …
Those interested in following the financial success of Anadarko Petroleum Corporation will get a third quarter release of financial and operating results on Oct. 30. The Texas company said it will hold an investor conference call at 8 a.m. on Oct. 31 where management will discuss the results. The results will be released after the …
While the price of oil is at its highest mark in four years, it also means higher prices at the pump. AAA Oklahoma says the nearly $76 a barrel price for oil has pushed pump prices higher across the country rather than the usual drop in prices after the busy summer driving season. In …
Oklahoma’s STACK play has seen no decline whatsoever in the number of productive wells. The Oct. 8 filing of daily completion reports from the Oklahoma Corporation Commission show some of the majors continue to hit producing wells. Continental Resources Inc. and Devon Energy Production Co. LP had hits in Blaine County. Two for Continental and …
The organizers of this week’s 22nd annual OERB Expo to be held in Oklahoma City expect to break the attendance record set last year when more than 3,650 people were on hand. “We’re expecting to break the record we set last year,” said OERB board member Tim Munson. He’s one of 21 members on the …
Did a mini-recession two years ago that sent oil and ag prices tumbling play more of a role in the election of Donald Trump as President than some speculators want to consider? Neil Irwin, a senior economics correspondent for the New York Times thinks it did. Writing in the Times this week, he explored how …
Colorado regulators have postponed indefinitely a move by Crestone Peak Resources to drill 140 new wells north of Erie, a city located due east of Boulder. The Colorado Oil and Gas Conservation Commission had scheduled a hearing on the energy company’s request but delayed matters as a Boulder county lawsuit against the firm was being …
