Helmerich and Payne leaders in Goldman Sachs Energy conference

Executives of Helmerich and Payne, Inc. in Tulsa are taking part in this week’s Goldman Sachs Global Energy Conference 2020 in Miami, Florida. John Lindsay, President and CEO and Mark Smith, Vice President and CFO and Dave Wilson, Director of Investor Relations are taking part in the conference. John Lindsay will participate in a panel …

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Sister SCOOP wells produce 4,100 barrels a day for Marathon Oil

Houston’s Marathon Oil Company reports two sister wells drilled  in the SCOOP brought in more than 4,100 barrels of oil a day when they were completed in October 2019. Completion reports filed this week on the two Bowser 0304 wells drilled at 17 3N 4W in Garvin County or about 6 miles south of Lindsay …

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NGL extends credit borrowing agreement

  Before 2019 came to an end, Tulsa-based NGL Energy Operating, LLC signed an agreement with its credit facility to extend its borrowing agreement by another $125 million. A filing with the U.S. Securities Exchange Commission showed NGL Energy Operating, a wholly-owned subsidiary of NGL Energy Partners LP entered into an agreement with Deutsche Bank …

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Chesapeake board member acquires more shares in company

  A filing with the Securities Exchange Commission shows another member of the board of directors for Chesapeake Energy acquired more shares in the company. Thomas L. Ryan, a director since May 2013, acquired 29,070 shares valued at 86 cents each or $25,000 total. The acquisition was made on January 2, 2020 and leaves him …

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New board member named at Gulfport Energy

Oklahoma City’s Gulfport Energy Corporation has appointed Al Bledsoe to the board of directors effective the first of the year. He is a former executive with PricewaterhouseCoopers International Limited which is considered one of the Big Four accounting firms. “We are very pleased to welcome Al to our Board as a new independent director,” commented …

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Coal firm hires executive to manage its oil and gas operations

Tulsa based Alliance Resource Partners, L.P., a major coal-mining operation in the U.S. has reached out to a Houston oil and gas firm to hire an executive to focus on Alliance’s own oil and gas ventures. Alliance announced Kirk Tholen, who once was a consultant for Devon Energy has joined the executive team as Senior …

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Federal mining agency to assist in search for missing Welch girls

The U.S. Department of Interior’s Office of Surface Mining Reclamation and Enforcement plans to take part this week in a two-day meeting in a search for two young northeast Oklahoma girls who disappeared in December 1999. It will be the first time the federal agency will assist in searching hundreds of mines where law enforcement …

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OKC continues to work with Denver lawyer on state’s water issues

Denver, Colorado attorney Brian Nazarenus will continue to represent Oklahoma City in its water battles in 2020. As the Oklahoman’s William Crum reported this week, Nazarenus recently created a new law firm, Nazarenus, Stack and Wombacher LLC and the city continued with its agreement with him. It was last month when the city agreed to …

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Number of strong earthquakes continues to drop in Oklahoma

Oklahoma is no longer experiencing as many of the strong earthquakes it once did. A review of data from the Oklahoma Geological Survey showed a drop in the number of earthquakes stronger than 3.0 magnitude in 2019 for a fourth consecutive year. The survey recorded 62 such strong quakes last year, far below the 203 …

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Argument made to increase Oklahoma’s minimum wage

Legislators in Oklahoma are under growing pressure to increase the state’s minimum wage. The latest cry came from Tulsa World Editor Wayne Green who argued Oklahoma’s minimum wage is now less than the minimum wage paid in Arkansas. Click here to read his column.