A filing with the Securities Exchange Commission shows another member of the board of directors for Chesapeake Energy acquired more shares in the company. Thomas L. Ryan, a director since May 2013, acquired 29,070 shares valued at 86 cents each or $25,000 total. The acquisition was made on January 2, 2020 and leaves him …
New board member named at Gulfport Energy
Oklahoma City’s Gulfport Energy Corporation has appointed Al Bledsoe to the board of directors effective the first of the year. He is a former executive with PricewaterhouseCoopers International Limited which is considered one of the Big Four accounting firms. “We are very pleased to welcome Al to our Board as a new independent director,” commented …
Coal firm hires executive to manage its oil and gas operations
Tulsa based Alliance Resource Partners, L.P., a major coal-mining operation in the U.S. has reached out to a Houston oil and gas firm to hire an executive to focus on Alliance’s own oil and gas ventures. Alliance announced Kirk Tholen, who once was a consultant for Devon Energy has joined the executive team as Senior …
Federal mining agency to assist in search for missing Welch girls
The U.S. Department of Interior’s Office of Surface Mining Reclamation and Enforcement plans to take part this week in a two-day meeting in a search for two young northeast Oklahoma girls who disappeared in December 1999. It will be the first time the federal agency will assist in searching hundreds of mines where law enforcement …
OKC continues to work with Denver lawyer on state’s water issues
Denver, Colorado attorney Brian Nazarenus will continue to represent Oklahoma City in its water battles in 2020. As the Oklahoman’s William Crum reported this week, Nazarenus recently created a new law firm, Nazarenus, Stack and Wombacher LLC and the city continued with its agreement with him. It was last month when the city agreed to …
Number of strong earthquakes continues to drop in Oklahoma
Oklahoma is no longer experiencing as many of the strong earthquakes it once did. A review of data from the Oklahoma Geological Survey showed a drop in the number of earthquakes stronger than 3.0 magnitude in 2019 for a fourth consecutive year. The survey recorded 62 such strong quakes last year, far below the 203 …
Gross production tax collections on Oklahoma oil and gas dropped in December
Oklahoma Gross Receipts to the Treasury for calendar year 2019 paint the picture of a sound, but slowing state economy, State Treasurer Randy McDaniel announced Monday. And much of it can be attributed to dropping revenue from oil and gas gross production taxes. Gross receipts during all of 2019 are 5.7 percent more than during …
Acquisition targets in 2020?
Enverus, an oil and gas data analytics company says several oil and gas firms active in the Permian Basin could be ripe for acquisition in 2020, including a handful of Oklahoma-based firms. The Austin, Texas based company released its summary of 2019 deal activity and outlook for 2020, suggesting the trend of buying small and …
Dallas company hit with $30 million fine in Pennsylvania
Dallas-based Energy Transfer has been hit with a $30 million fine for violating numerous environmental regulations during construction of the firm’s Revolution pipeline in Western Pennsylvania. The fine was levied by the Pennsylvania Department of Environmental Protection and was one of the agency’s largest-ever civil penalties according to the Dallas Morning News. The state Department …










