Firms move quickly to transfer to Houston Devon Energy is moving quickly to transfer its headquarters from Oklahoma City to Houston following its recent merger with Coterra Energy, a Texas firm. Merger and integration team members were recently named by the two companies. A recent Securities and Exchange Commission filing by Devon Energy Corporation indicated …
Shareholder offering made by Empire Petroleum Empire Petroleum Corporation, an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced that it has modified the terms of its previously announced subscription rights offering. The update affects shareholders of the Company’s common stock, par value $0.001 per share, …
Empire Petroleum Extends Revolving Credit Facility to 2028 Credit Facility Extension Supports Long-Term Strategy Tulsa-based Empire Petroleum Corporation has secured additional financial runway after executing a third amendment to its revolving credit facility with Equity Bank, extending the maturity date by two years. According to the company’s announcement and a filing with the U.S. Securities …
Cana Woodford leads all Oklahoma plays for drilling activity. The Cana Woodford remained Oklahoma’s most active play, accounting for 17 rigs, the highest total among the state’s producing regions. Other Oklahoma plays also showed no week-to-week changes: Granite Wash: 15 rigs Mississippian: 1 rig Ardmore Woodford: 4 rigs Arkoma Woodford: 2 rigs The consistency …
