OGE rate hike request to be met with protest rally

When the Oklahoma Corporation Commission votes later in the month on OGE’s nearly $78 million rate hike request, it will be met with a protest rally to be held by the Sierra Club. The group is among those opposed to the utility’s request that was filed to recover costs after $534 million in emissions improvements …

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Chevron won’t budge from original bid to buy Anadarko Petroleum

Chevron Corporation announced Thursday it won’t increase the $33 billion or $65 a share offer to acquire Anadarko Petroleum Corporation. It will also not offer a counterproposal and plans to let the four-day match period expire, making way for Occidental to buy Anadarko with a $38 billion or $76 a share offer. Chevron indicated it …

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Devon Energy helps finance new STEM center in Weatherford school

   Burcham Elementary students in Weatherford celebrated their new STEM (science, technology, engineering, mathematics) Center thanks to the Cal Ripken, Sr. Foundation and Devon Energy. The partnership created a STEM Center featuring the latest science and math equipment, including new computers, a 3D printer, tablets and instructional coding software. After the installation was revealed during …

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Key Energy reports another quarter of financial losses

Key Energy Services Inc. says it suffered a net loss of $23.4 million or $1.15 a share in the first quarter of 2019.  It’s about the same loss it reported in the fourth quarter of 2018. The 2018 fourth quarter losses totaled $23.1 million and $1.14 a share for the Houston, Texas company that has …

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Lakes brimming with floodwaters in Oklahoma

Lakes all over Oklahoma are being hit with floodwaters following heavy rains in the past week to 10 days. Most lakes are reporting higher elevations including Kaw Lake in northern Oklahoma where the level is 21 feet higher than normal. Floodwaters are being released in massive amounts from the Lake Altus-Lugert. In the northeast, Keystone …

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Rocky tornado is rated an EF2 with winds up to 135 MPH

  The tornado that hit the western Oklahoma town of Rocky this week has been rated an EF2 by the National Weather Service. An EF2 has winds ranging from 111 mph to 135 mph. The tornado hit in an area where there are wind turbines but it’s unclear yet if any were destroyed or damaged …

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SandRidge Energy reports more losses but also saw improvements

Oklahoma City-based SandRidge Energy posted a net loss of $5 million or 15 cents a share in the first quarter of 2018. The company said it was still an improvement from a year ago when SandRidge reported a net loss of nearly $41 million or $1.18 per share. Total revenues for the first quarter of …

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Marathon Oil brings in large well in STACK

A STACK well drilled by Marathon Oil in Blaine County is producing more than 1,300 barrels of oil a day. A completion report filed this week with the Oklahoma Corporation Commission shows the Hr. Potter 1511 8-3-34mxh well is located at 3 15N 11W or about 5 miles north of the community of Greenfield. It …

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Broken levee leaves parts of city of Sayre flooded

A levee apparently couldn’t contain the amount of rainfall that fell in the western city of Sayre and broke early Wednesday morning, resulting in a flooded that damaged homes and businesses. There were no reports of injuries. It was Tuesday night when severe weather moved out of the Texas Panhandle and into Western Oklahoma, producing …

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State regulators forced by court ruling to increase OUSF charges on phone bills

“Oklahomans should pay more attention to the obscure, yet ever-increasing OUSF charges on their phone bills.” Corporation Commissioner Bob Anthony.   Phone bills will  likely be going up soon in Oklahoma because of a State Supreme Court ruling. And Corporation Commissioners don’t like it but their hands are tied. Faced with the ruling, the Oklahoma …

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