SandRidge Energy’s recently-announced-plan to make a $746 million merger and takeover of Bonanza Creek Energy based in Denver, Colorado is being opposed by a stockholder in the Oklahoma City energy company. Fir Tree Partners of New York announced its opposition this week with a statement, “Put simply, the proposed acquisition of Bonanza makes no economic …
The Bureau of Land Management is asking the Tenth Circuit Court of Appeals in Denver not to overturn or even consider its ruling against the challenge of four states to the Obama-era hydraulic fracturing rule on federal and Native American lands. It was in September when a three-judge panel rejected the challenges of Wyoming and …
Oklahoma City’s Chaparral Energy, Inc. announced this week it has wrapped up its $170 million sale of assets in the North Burbank and Texas Panhandle to Perdure Petroleum. The enhanced oil recovery assets represented nearly 5,700 barrels of oil equivalent a day out of Chaparral’s 24,500 Boe/d in total production. “We are pleased to announce …
A solar farm that would dwarf Oklahoma Gas and Electric’s Mustang solar farm in Oklahoma City has been opened in southwest Missouri. The Nixa Solar Energy Farm features 33,000 panels and is the largest of its kind in Missouri. OGE’s Mustang solar farm has 2,000 fixed and 8,000 sun-tracking panels which generate enough electricity for …
An estimated 600 jobs are being cut by electricity generator Luminant as it closes three coal-fired power plants and a mine in Texas. The layoffs are expected in January as Luminant, part of the Texas-based Vistra Energy Corp. is closing the Monticello, Big Brown and Sandow power plants. The company’s filing with the Texas Workforce …
Tulsa’s being held up in at least one national publication as how a city should best prepare for the risk of flooding. As E and E reports, Tulsa could even offer some lessons to the city of Houston. The report details how Tulsa, following devastating floods in the 1970s decided enough was enough in 1984 …
Despite opposition from environmentalists and some landowners, state regulators in Nebraska on Monday gave the green light for construction of the controversial $8 billion Keystone XL pipeline. The decision by the Nebraska Public Service Commission was on a 3-2 vote and came just days after a massive Keystone pipeline spill in South Dakota. The vote …
A lot of Americans will be traveling this Thanksgiving Holiday and that includes Oklahomans. AAA predicts 50.9 million will take a trip 50 miles or longer which represents a 3.3 percent increase from a year ago. The organization says it will be the highest Thanksgiving travel volume since 2005 with 1.6 million more hitting the …
The chemical manufacturer whose warehouse caught fire during the Houston, Texas floods has been sued by Harris County, Texas. The lawsuit filed by Harris County Attorney Vince Ryan asks a judge to order Arkema Inc. to improve its disaster safety plans and reimburse the county for responding to the incident. “We are going to seek …
Ardmore Rep. Pat Ownbey has announced he will no seek re-election next year at the end of his current term. Had the Republican legislator chosen to run again, it would have been for his final term because of term limits. Ownbey was elected to the House in 2009 for the District 48 seat. He was …