A leak of chlorine gas over the city of Atchison, Kansas in the fall of 2016 has led to a guilty plea by MGP Ingredients Inc. and its agreement to pay a $1 million fine for violating the Clean Air Act. MGP Ingredients is a manufacturer of food, alcohol and cleaning products and was the …
Fort Worth’s Approach Resources is the latest oil and gas firm to file for bankruptcy. Company leaders also indicated they will consider options including a restructuring of the balance sheet and possible sale of the firm. The firm’s chapter 11 filing was made Monday as Approach became the latest oil and gas drilling company to …
Not only was SandRidge Energy Inc.’s SandRidge Mississippian Trust 1 delisted from the New York Stock Exchange as OK Energy Today reported this week. So was the Oklahoma City-based company’s SandRidge Mississippian Trust II removed from trading. It leaves only one other SandRidge Trust still traded on the exchange. The SandRidge Permian Trust has not …
Kansas City-based Compass Minerals International, Inc. announced it intends to offer, subject to market conditions and other considerations, $500 million in aggregate principal amount of new senior notes due 2027 in a private offering. The Notes will be senior unsecured obligations of Compass Minerals and will be guaranteed by certain of its domestic subsidiaries. Compass …
Tallgrass Energy, LP in Kansas City through its affiliate Tallgrass Pony Express Pipeline, LLC announced a binding open season soliciting shipper commitments for crude oil transportation from a new origin near Carpenter, Wyo., to Pony Express destinations in Colorado. Based on commitments received in this binding open season, Pony Express plans to build approximately 25 …
Houston’s EOG Resources is planning more drilling near Blanchard in Oklahoma’s McClain County. So is Newfield Exploration. Drilling permits were issued Tuesday for 3 wells at 21 8N 4W—all on a single pad. The Terri 1621 and Terri 2116 wells will be located about one mile northeast of Blanchard. Chisholm Oil and Gas Operating LLC …
Oklahoma’s October jobless rate increased slightly to reach 3.3 percent as at least 600 workers in the Mining and Logging sector, which includes oil and gas lost their jobs. For the year, the loss was more than 2,000 workers in the state as the oil and gas slowdown affects not only company’s quarterly earnings reports …
HART’s annual DUG Midcontinent Conference and Exhibition is underway in Oklahoma City. More than 20 speakers will make presentations about capital sourcing, recipes for superior well completions, mineral rights and midstream infrastructure. They represent companies that perform in the SCOOP, STACK, MERGE and SCORE plays including the Meramec, Sycamore, Caney, Mayes, Osage and Woodford shale …
The SandRidge Mississippian Trust I was notified by the New York Stock Exchange that its trading was suspended this week and removed from the exchange. The Exchange also said proceedings would be started to delist the Trust units because the Trust no longer satisfied standards. The average closing price of the Trust shares fell below …
Oklahoma City-based Panhandle Oil and Gas Inc. plans to release its results for its fiscal 2019 year ended Sept. 30,2019 in a few weeks. The earnings report will be made available Dec. 12 after the close of trading on the New York Stock Exchange. The company will also hold a conference call to discuss the …