While Chesapeake Energy prepared to release its quarterly and yearly earnings for a year that hasn’t been kind to the Oklahoma City-based company, it was announced Houston-based Haymaker Resources just purchased mineral and royalty interests invo…
Rubio to Campaign at Devon Tower on Friday
In announcing Marco Rubio’s campaign appearance set for Friday in Oklahoma City, his campaign also confirmed that Larry Nichols, co-founder of Devon Energy Corp. is an energy advisor to the Florida U.S. Senator who’s hoping to pick up the Republi…
Lucid Energy Gets $350 million From EnCap Flatrock Midstream
Dallas-based Lucid Energy Group II, LLC announced it has secured an initial equity commitment of $350 million from EnCap Flatrock Midstream, a San Antonio company with offices in Oklahoma City and Houston, Texas.
Lucid’s a company with a midstre…
WOTUS Decision to be Made by federal Court in Cincinnati
The 6th U.S. Circuit Court of Appeals in Cincinnati says it will rule on the challenges of the Environmental Protection Agency’s Waters of the U.S. or Clean Water Rule. In a 2-1 ruling, the judges said they had the jurisdiction to hear the numer…
Sanders Bringing his Anti-Fossil Fuel Campaign to Oil-Rich Tulsa
Bernie Sanders will bring his campaign promoting climate change and free education to Tulsa on Wednesday, a city that was built on the state’s rich oil history but an industry that Sanders wants to eliminate. He will speak during an appearance in…
Farm Organization Blasts Environmental Working Group
The non-profit Environmental Working Group says its mission is to empower people to live healthier lives in a healthier environment. But those with the National Farmers Union would disagree. They believe the EWG’s intent is to put livestock production …
Idaho Legislature Works to Speed Oil and Gas Production
In Idaho, a Senate committee has voted 8-1 in favor of an industry-backed bill speeding up natural gas and oil production in the state. The bill approved by the Senate Resources and Environment Committee would change the state’s decision making …
IEA Outlook Boosts Crude Prices on Monday
A signal that the International Energy Agency has confidence the oil markets will rebalance over the next couple of years pushed crude prices higher on Monday. March West Texas Intermediate crude added $1.84 to settle at $31.48 a barrel on the New York…
ONEOK Reports Full Year, Fourth Quarter Profit
ONEOK pushed itself to a profit in 2015. The Tulsa based company had a full year net income of $1.16 a share compared to $1.49 cents a share in 2014. The fourth quarter was profitable as well at 12-cents per diluted share. Fourth quarter 2014 net incom…
Devon Energy Closes on Stock Sale
Devon Energy has closed its public offering of common shares to help expand its liquidity position. The company originally offered 69 million shares of its common stock. The underwriters option was exercised with added more than 10 million more shares….
