Cromwell oil company owner Kevin Wieck has been found guilty of defrauding investors in his firm. He was convicted by an Oklahoma City federal jury on ten counts of wire fraud and five counts of money laundering. Wieck, 52 owned and operated Wieck Oil Company, LLC and received $1.17 million from investors in Tulsa, Edmond, …
The U.S. Geological Survey reported at least two small earthquakes in Oklahoma over the weekend along with others in southern Missouri and West Texas. The strongest of the Oklahoma earthquakes measured 2.7 magnitude and occurred in an area where there is active oil and gas drilling and wastewater injection wells. Scientists contend the wastewater wells …
A $30,000 donation has been made by Houston’s Newfield Exploration Co. to the National Wild Turkey Federation to improve grassland bird habitat in Oklahoma. The donation was part of the company’s partnership with the Oklahoma Department of Wildlife Conservation and its Oaks and Prairies Join Venture. The program is focused on increasing songbird and game …
Several earthquakes have been recorded in the past week in northern Oklahoma and southern Kansas where there is a heavy presence of oil and gas operations. Scientists at the U.S. Geological Survey have linked many of the quakes to wastewater disposal well activity. One of the latest was Thursday night at the state line where …
Drones aren’t just for military use. And it’s becoming a bigger and bigger business and energy attraction in Oklahoma. Witness the recent Unmanned Aerial Systems Tech Forum held in Broken Arrow where 225 researchers, educators and business leaders were on hand. So was Gov. Mary Fallin. “It’s exciting to see all the investment that we’re …
Ground has been broken on a new development of Pryor’s MidAmerica Industrial Park. The former ammunition plant site that covers more than 9,000 acres will soon become a place where employees can not only work but live. It’s already home to such firms as Google which gets its electrical power from Oklahoma wind farms. The …
Oklahoma has received enough rain in the past few months that 61 percent of the state is reporting no drought conditions. Only a small part of the southwest corner of the state is listed in the Extreme Drought category, the fourth worst of the five drought categories. It means farm ponds across the state have …
Oklahoma City’s Devon Energy announced it hopes to complete its $4 billion share-repurchase program by early next year, finishing with a repurchase of nearly 20 percent of the company’s outstanding common stock. In a statement, the company said the completion of the initial accelerated share repurchase was made after it began in early August. To …
The latest filing by Tulsa’s NGL Energy Partners with the Securities and Exchange Commission was made this week. It concerns a change in share ownership by one of the corporate officers. The filing can be read by clicking here.
On October 1, 2018 a new $100 IRP Apportioned Registration CMV Service Fee (ARCS Fee) will go into effect. The fee is $100.00 on every vehicle registered under IRP for which Oklahoma distance is reported and the vehicle effective date is on or after October 1, 2018. This $100.00 apportionable fee is applied against the Oklahoma apportioned percentage so …