Monthly Archive: May 2015

SandRidge Energy CEO Talks Liquidity Move

SandRidge Energy’s Chief Executive Officer and President gave a statement Friday on the company’s move to increase its liquidity. The company is working to revise its revolving bank credit facility containing leverage covenants that are less restrictiv…

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U.S. Oil Crosses $60 Mark Again on Friday

U.S. crude oil prices jumped back above the $60 mark on Friday, but now the question is how long it can stay at this level. July West Texas Intermediate crude gained $2.62 to end trade at $60.30 a barrel on the New York Mercantile Exchange. July Brent …

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Completion Reports June 1 2015

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Gasoline Prices Hold Steady in Oklahoma

While U.S. gasoline prices climbed higher for two straight weeks, prices in Oklahoma held steady in the past week, increasing only a penny to an average $1.83 a gallon, according to the Fuel Gauge Report from AAA Oklahoma.
The cheapest gasoline is sti…

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Texas Accused of Violating EPA Clean Air Act

Environmental groups have gone to the Environmental Protection Agency accusing the State of Texas of working with the coal industry to illegally exempt 19 coal-fired power plants from parts of the Clean Air Act, according to a report from Inside Climat…

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Walker Threatens Fight with EPA Clean Power Plan

Wisconsin Governor Scott Walker, a possible Republican candidate for President has joined the growing list of other governors who are fighting the Environmental Protection Agency’s plan to limit carbon emissions from coal-fired power plants like those …

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Kansas Governor Signs Energy Bills into Law

The state of Kansas will have a new law in one month that converts the mandates of the Kansas renewable portfolio standard into a “voluntary goal.” Governor Sam Brownback signed the measure last week after the legislature approved SB 91 in early May. …

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Governor Signs Bill Protecting Oil and Gas Industry

Oklahoma Governor Mary Fallin’s signing of SB 809 into law on Friday drew immediate support and applause from the Oklahoma Oil and Gas Association. The bill, in direct response to a vote in Denton, Texas last year to ban fracking, reaffirms the Oklaho…

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Oklahoma Added Rigs while Nation Lost Rig Count

Oklahoma added two rigs to its rig count in the past week while the nation lost another ten according to the latest weekly figures released by Houston-based Baker Hughes Company. The state’s rig count grew to 106 but still lags behind the 199 oil and …

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Permits to drill June 1, 2015

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