ConocoPhillips has released terms of its tender offer totaling $1.8 billion for a range of senior notes. The notes range from 2.4% to 4.154% and are due beginning in 2022 and extending to 2034. The tender offer was originally announced to be $1.75 billion but was later expanded to $1.8 billion. 1) Includes the …
As she heads back to Oklahoma to become the new General Counsel to the Oklahoma Workers’ Compensation Commission, attorney Sarah Greenwalt is not finished with Washington, D.C. She’s departing as EPA Administrator Scott Pruitt’s legal counsel, having joined him when he left Oklahoma as Attorney General. She was considered one of his top aides as …
One of the candidates for the GOP nomination for Oklahoma Labor Commissioner, Cathy Costello is taking issue with claims that the state’s workplace injury rate is below the national average. In a statement this week, Costello disputed the conclusion that the state’s workplace injury rate of 3.8 compares to the national average of 5. She …
All four Oklahomans in the U.S. House helped pass the biennial water resources legislation this week in a 408-2 vote. The Water Resources Development act of 2018 provides the Army Corps of Engineers with the authorization to maintain the nation’s water infrastructure, something that Reps. Tom Cole, Frank Lucas, Markwayne Mullin and Steve Russell supported. …
Tax collections for the month of May in Oklahoma were a record $970.9 million according to State Treasurer Ken Miller. He said it brought the total gross receipts in the past 12 months to $12.09 billion, a figure that is only $14 million from matching the all-time 12 month high. Oil and gas gross production …
The city of Tulsa got good news this week in the form of a $45 million grant to help replace bridges on Interstate 44 in the city’s west side. It will help speed up work on a $350 million project to widen the interstate to six lanes and also replace the I-44/U.S. 75 interchange. “This …
Oklahoma City-based Chaparral Energy, Inc. has expanded its board of directors from seven to eight with the appointment of David Greenberg. He is a new independent member of the board effective immediately. All of the company’s directors will be up for re-election when the annual shareholders meeting is held June 29. “We are very pleased …
Something of a water war could be developing between New Mexico and Texas in a dispute that’s led one New Mexico politician to be pretty blunt in his claims. And it largely has to do with oil and gas drilling in the Permian Basin. “Texas is stealing New Mexico’s water,” said New Mexico State Land …
As the new Administrator at NASA, former Oklahoma Congressman Jim Bridenstine is offering some hope for those wondering whether climate science at NASA was on its way out. As the publication Science reports, Bridenstine suggests a change is coming and perhaps climate science missions might not be eliminated by the Trump administration. Bridenstine met with …
Oklahoma is getting yet another frac sand plant. Alpine Silica announced this week it intends to start construction on a plant near the small community of Fay located along State highway 33 in southeastern Dewey County. The company said it has secured nearly 51 million tons of reserves for the Oklahoma initiative. It estimates the …
