OK Energy Headlines
Record cold weather this week in Oklahoma
State Climatologist Gary McManus with the Oklahoma Mesonet says there’s no doubt about it, Oklahoma had record low temperatures this week. He says just compare the readings this week… to those already... Read More
Cheaper prices at the gas pumps in Oklahoma
Gasoline prices in Oklahoma dropped four cents on average in the past week reaching a new average of $2.32 a gallon while nationally the average increased a penny to $2.61 a gallon. AAA... Read More
Oryx Midstream completes $135 million purchase of pipelines in Permian Basin
Oryx Midstream, a Houston firm founded in part by Tulsa’s WPX Energy and other investors six years ago is acquiring crude oil gathering assets in the Permian Basin in a $135 million deal... Read More
San Antonio leaders take stand against proposed new pipeline
Austin, Texas isn’t alone in its stand against new pipelines. The City Council in San Antonio has approved a similar stand against a new line to carry crude products out of the Permian... Read More
Icahn leery of Occidental Petroleum’s big debt
Investor Carl Icahn says he might not be finished selling his shares in Occidental Petroleum after stating it is “extremely dangerous” to own shares in the company. Icahn, who engineered a 2018 take... Read More
Brief energy news
** Murphy Oil in El Dorado, Arkansas announced it plansto offer $550 million in Senior Notes due 2027. The company said it intends to use the net proceeds to purchase up to $550 million in outstanding... Read More
Unit Corporation makes offer on notes
Tulsa’s Unit Corporation announced an offer to exchange some of its outstanding Senior notes due 2021 for newly-issued Senior notes due in 2024 and for Junior Secured notes due 2025. The offer... Read More
Cypress Energy sees increased revenues
Cyprus Energy Partners, L.P. in Tulsa reported a third quarter 2019 increase in revenue and net income as well as adjusted earnings. Revenues reached $108.9 million which was a 28 percent increase... Read More
Chesapeake Energy shares drop again—-CEO expresses confidence
As Chesapeake Energy shares dropped to their lowest price in more than 25 years in trading on Tuesday prompting one investment firm to dump its shares in the company, CEO Doug Lawler issued a statement... Read More
Completion reports for November 12, 2019
Completion reports filed on November 12, 2019. CANADIAN COUNTY Chaparral Energy Llc Woodford(10740): Oil 274 Gas 1999 Water 1180 Flwg 15 11N 7W Lassen 1107 4wh-15, September 21, 2019 HH, OIL, TD: 15848... Read More
