Chaparral Energy in Texas Supreme Court Fight

Oklahoma City-based Chaparral Energy finds itself in a Texas State Supreme court battle with Oncor Electric Delivery Company as the two sight over a breach of contract claim. The Texas Supreme Court on Friday agreed to hear oral arguments as Oncor Electric challenged a trial court judgment that sided with Chaparral Energy LLC. The suit …

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Production Records Squabble Develops for One STACK Operator

A Texas exploration company with a strong presence in Oklahoma’s STACK finds itself in a battle with a southwestern Idaho couple over production records. Randy and Thana Kauffman made a formal complaint with the Idaho Oil and Gas Conservation Commission, asking to have records produced by Alta Mesa .   “The state of Idaho is …

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SandRidge Responds to Icahn’s Criticisms of Energy Purchase

Oklahoma City-based SandRidge Energy is responding in its public battle with investor Carl Icahn, calling some of his criticisms of its recent acquisition of a Colorado energy company “inflammatory.” In a filing made Monday, Dec. 11 with the Securities and Exchange Commission, SandRidge Senior Vice President and General Counsel Philip T. Warman laid out responses …

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Inhofe, Lankford and Others Get Marching Orders on Biofuels Compromise

Oklahoma U.S. Senators Jim Inhofe and James Lankford and a handful of other oil-state Republicans have their marching orders from President Trump when it comes to a biofuels compromise. “Trump wants us to come to him with something that’s going to make both sides happy, and I believe we can do it and believe he …

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Chesapeake Exec to Keynote National Convention in Houston

Chesapeake Energy President and Chief Executive Officer Doug Lawler will be the keynote speaker at the 2018 NAPE Global Business conference in Houston. His address will be part of the 25th annual NAPE Summit week taking place Feb. 5-9, 2018. “NAPE’s 25th Anniversary is occurring during a pivotal time in our industry. While production levels are …

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Fledgling OKC Energy Firm Wraps up $285 million Purchase in Williston Basin

Oklahoma City’s based Valorem Energy, LLC has closed on its acquisition of LINN Energy, Inc.’s Williston Basin interests in a $285 million deal. Backed by Kayne Private Energy Income Fund, L.P., the fledgling independent oil and natural gas company purchased nearly 20,000 net acres in North Dakota, South Dakota and Montana. It includes an estimated …

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Tallgrass Energy Makes $250 million Offering

Tallgrass Energy Partners LP is trying to come up with more cash by making a $250 million offer of some of its senior notes that are due in 2028. Based in Leawood, Kansas, a suburb of Kansas City, the company’s offering involves 5.50% Senior Notes.  Tallgrass and Tallgrass Energy Finance Corp., a subsidiary of TEP …

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Summons Served in Lawsuit Over Tarcreek Superfund Buyout Audit

Updating the open records lawsuit filed by a Washington, D.C. based nonprofit watchdog against the state over the Tar Creek Superfund buyouts, the case has been assigned an Oklahoma County District court judge. The Campaign for Accountability filed suit in late November against Attorney General Mike Hunter and Oklahoma Auditor and Inspector Gary Jones, accusing …

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AAA Kept Busy With Dead Car Battery Calls in Cold Snap

It was cold enough this week in Oklahoma that AAA Oklahoma was kept busy with more than 1,200 calls—-most for dead car batteries. That’s since early Wednesday when temperatures dropped below freezing and undoubtedly the number grew as temperatures dropped into the teens and approached single digits in some places with the approach of the …

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BLM Announces Two-Year Delay of Obama Methane Emissions Rule

In a decision that won’t affect Oklahoma, the Trump administration plans to announce a two-year delay in implementing the 2016 Obama-era rule meant to curb methane emissions from natural gas drilling on public lands. However, Oklahoma firms carrying out exploration on public lands in other states could be affected. The Bureau of Land Management, in …

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