Energy Transfer Equity is taking steps that may enable it to renegotiate its $20 billion cash-and-stock acquisition of Williams Companies, Inc., Reuters reported late Monday evening. The companies are seeking to reduce the number of days specified for completing some of the deal’s administrative requirements, which would give them time to engage in renegotiation of terms …
Oil futures fell below $45 a barrel on Monday as traders sold some of their positions after a nearly 20% climb in April, according to Bloomberg MarketWatch. Data that reportedly shows a significant weekly rise in stockpiles at the Cushing, Oklahoma storage hub, rising output from major oil producers, and some downbeat U.S. economic figures …
Oklahoma’s gasoline prices have risen steadily to a statewide average of $1.95 while the national average is at $2.22, according to the latest Fuel Gauge Report issued by AAA Oklahoma. The national gas price average is at its highest level in more than six months – it has remained above $2 per gallon for 40 …
The slumping energy sector has claimed more local jobs, according to the Tulsa World. Zeeco Inc., a Broken Arrow-based manufacturing company with a global presence, held a round of layoffs Friday, the company confirmed Monday. The provider of combustion equipment and advanced environmental systems says that the cuts are a result of the weak state …
BLAINE COUNTY Continental Resources Inc Mississippi Lime(10881): Oil 1817 Gas 4381 Water 1434 Flow 2 15N 11W Compton 1-2-35xh, January 05, 2016 HH, GAS, TD: 21137 ft Lat: 35.79827, Long: -98.34322 API: 35011235410000 COAL COUNTY Bp America Production Company Woodford: Gas 3792 Flow 13 3N 11E Smalley 5-12h, December 15, 2015 HH, GAS, TD: 14053 …
Kingfisher County STANGL 25-16-9 #6H, May 02 2016 25 16N 9W NENENENE API: 07325287 Lat: 35.84065340734049, Long: -98.10141044401607 CHESAPEAKE OPERATING LLC HH, DR, 19200 ft, MISSISSIPPI LIME(9000) Kingfisher County STANGL 25-16-9 #6H, May 02 2016 25 16N 9W NENENENE API: 07325287 Lat: 35.84065340734049, Long: -98.10141044401607 CHESAPEAKE OPERATING LLC HH, DR, 19200 ft, MISSISSIPPI LIME(9000) Pontotoc …
Ever since the election of President Obama, the nation’s use of coal to generate electricity has tumbled 29 percent from its peak of 1,045 million short tons. The latest figures show coal use has dropped in every state including Oklahoma where the amount of coal used in the coal-fired electric generating plants is 24 percent …
An administrative law judge will begin Tuesday what could be a several-week long hearing into a more than $92 million rate hike request by OG&E. The request was filed weeks before the utility won approval in a controversial Corporation Commission decision on making $500 million in environmental improvements to the firm’s coal-fired Sooner Power Plant …
Oklahoma City-based Blueknight Energy Partners, L.P. will announce its first quarter 2016 financial results after the market closes on Wednesday. The company plans to discuss the results during a conference call on Thursday, May 5 at 1:30 p.m. CDT. The company has assets of 7.4 million barrels of crude oil storage in Oklahoma and …
Tulsa-based WPX Energy wrapped up its cash tender offer on Friday for purchases of its outstanding 5.250 percent Senior Notes due 2017. The offer ended Friday at 5 p.m. and indicated $93 million or nearly 31 percent of the outstanding Notes had been tendered and accepted. The total purchase price offered for each $1,000 principal amount …
