Shareholders have overwhelmingly approved a merger of Tallgrass Energy Partners, LLP and Tallgrass Energy GP, LP in Kansas City, firms that operate oil pipelines leading to Cushing, Oklahoma. It was a stock-for-unit merger transaction in which TallGrass Energy GP will acquire the nearly 47.6 million of Tallgrass Energy Partners common units held by the public. …
While Continental Resources of Oklahoma City unloaded some of its assets in the Bakken this week, a Denver, Colorado-based company has done the same thing. Samson Oil and Gas USA, Inc, a wholly-owned subsidiary of Samson Oil and gas Limited made a $40 million sale of its assets in the Williston Basin in North Dakota …
In the Bakken oil play of North Dakota where Oklahoma’s Continental Resources and founder Harold Hamm have made a fortune, a new operator has acquired production in the Williston Basin and cut a deal with Continental. Minneapolis-based Northern Oil and Gas Inc. announced it has entered into a definitive agreement to acquire the assets operated …
The office of Oklahoma Lieutenant Governor sometimes opens the door to becoming governor. Look at David Boren. George Nigh and Mary Fallin. Such will not be the case for Todd Lamb who lost Tuesday’s GOP primary election to Mick Cornett and Kevin Stitt. So it means one of three persons in the race to …
The race for the GOP nomination in the race for Oklahoma Corporation Commissioner is set—-one between a nearly 30-year incumbent and a former legislative leader with a background in the oil and gas industry. After getting the most votes in the primary on Tuesday, Commissioner Anthony issued a statement. “In this volatile political climate, it’s …
He might be considered the most widely known of anti-wind legislators in the Oklahoma House, but voters still gave Rep. Mark McBride of Moore his party’s nomination in Tuesday’s primary election. He easily won the Republican nomination for House District 53. McBride received 66.88% of the 5,018 votes cast in the election, getting 3,356 votes. …
Runoffs will be necessary in the races for the Republican and Democratic nominations for Corporation Commissioner in Oklahoma. They are among at least 13 runoff races for statewide offices for both parties as well as those for Congress. No one won their party’s nomination outright in the race to see who will sit on the …
Oklahoma City-based Chaparral Energy announced it has priced $300 million in unsecured notes due 2023. The company intends to use the proceeds from the 8.750% notes to pay down the outstanding balance of its revolving credit facility and for general corporate purposes. The offering is expected to close June 29. The company said the senior …
Having one of his nominees named chairman of Oklahoma City-based SandRidge Energy and being in control of its board of directors apparently is enough for investor Carl Icahn. After final results of the annual shareholders’ meeting were announced Monday, Icahn indicated he did not intend to be among those seeking to buy the company. The …
While Baker Hughes renamed and expanded work at its Oklahoma City oil and gas research center, it also picked up new contracts. The company announced Monday it was awarded a contract to develop a large part of Norway-based Equinor’s drilling and well construction expansion activities in the Norwegian sector of the North Sea. It falls …
