Monthly Archive: September 2015

Permits to Drill October 1 2015

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WTI Slips While Brent Makes Gains on Wednesday

It was a split decision for crude prices on Wednesday. November West Texas Intermediate crude slipped 14 cents to settle at $45.09 a barrel on the New York Mercantile Exchange. November Brent crude gained 14 cents to end trade at $48.37 a barrel on the…

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Chesapeake Energy Makes Changes to Its Revolving Credit Facility

Just a day after laying off 15 percent of its workforce, Chesapeake Energy announced Wednesday it has amended its five-year, $4 billion revolving credit facility agreement maturing in 2019 with its bank syndicate group. The credit facility moves from a…

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OGE Energy Corp Increases Dividend

OGE Energy Corp announced Wednesday it was increasing its dividend. The Board of Directors decided to increase the quarterly dividend from a quarter a share to 27 and a half cents a share. It is a ten percent increase which equates to a dividend of $1….

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New Wind Farm On Line in Texas

The state of Texas has another wind farm in operation. Pattern Energy Group Inc. says its 200 megawatt Longan’s Gap Wind Power in Comanche County, Texas has been completed, making it the fourth operational wind farm for the company.
“We are now…

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New Wind Farm On Line in Texas

The state of Texas has another wind farm in operation. Pattern Energy Group Inc. says its 200 megawatt Longan’s Gap Wind Power in Comanche County, Texas has been completed, making it the fourth operational wind farm for the company.
“We are now servi…

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Former Arrow Trucking CEO Awaits Sentencing in Tulsa

Some blame him directly for the Christmas 2009 demise of the once-Tulsa-based Arrow Trucking Co. but former CEO James “Doug” Pielsticker blames the economy and is asking a federal judge to go lightly in sentencing him next month for being part of a $25…

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Did Quake Damage Bring Down Cushing Building?

Some are blaming the earthquakes around Cushing for the Tuesday night collapse of a building that once was an apartment house before it was turned into a hobby store. Police said the building continued falling apart Wednesday morning as officers block…

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Congressman Blames Obama Energy Policies for Chesapeake Layoffs

The layoff of 740 workers at Oklahoma City-based Chesapeake Energy on Tuesday is being blamed by Oklahoma Congressman Steve Russell in part on President Obama and his economic policies. The Republican Representative issued a statement only hours …

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Congressman Blames Obama Energy Policies for Chesapeake Layoffs

The layoff of 740 workers at Oklahoma City-based Chesapeake Energy on Tuesday is being blamed by Oklahoma Congressman Steve Russell in part on President Obama and his economic policies. The Republican Representative issued a statement only hours after …

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