Small quake hits Southwest Kansas

The string of weak earthquakes in Oklahoma and Kansas moved to southwest Kansas on Tuesday. A 2.8 magnitude quake was recorded at 9:55 a.m. near the community of Kingsdown, Kansas along highway US 54. The community is west of the town of Bucklin and about 22 miles southeast of Dodge City. The U.S. Geological Survey …

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Big jump in net income for Continental Resources

  A huge jump in net income was reported by Oklahoma City-based Continental Resources for the third quarter of 2018. The company indicated it soared from $10.6 million in the third quarter of 2017 to $314 million in the third quarter of 2018. Total revenues for the quarter were $1.28 billion and company leaders don’t …

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20% increase in earnings for coal company based in Tulsa

  Coal mining’s Alliance Resource Partners, L.P of Tulsa announced a more than 20 percent in earnings for the third quarter of 2018 compared to a year ago.  Alliance is the second largest coal producer in the eastern part of the U.S. with eight underground mining complexes in Illinois, Indiana, Kentucky, Maryland and West Virginia. …

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Enable Midstream Partners to release 3Q results next week

Oklahoma City pipeline operator Enable Midstream Partners plans to release its third quarter 2018 earnings report on Wednesday, Nov. 7, 2018. The firm will make known the report before the open of market then hold a conference call at 7 a.m. Oklahoma time. Figures will pertain to Enable’s 13,300 miles of natural gas and crude …

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Holly Energy reports increased 3Q earnings

Holly Energy Partners, L.P. the Dallas firm with a refinery in Tulsa announced increased third quarter earnings of $45 million or 43 cents a share.  The earnings were up from the $42.1 million and 66 cents a share reported in the third quarter of 2017. The distributable cash flow was $66.6 million for quarter which …

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Chesapeake announces $4 billion purchase of Houston firm while it finalizes $2 billion sale of Utica shale holdings

Just as Oklahoma City’s Chesapeake Energy announced it has completed the nearly $2 billion sale of its nearly 1,500,000 acres and holdings in the Utica Shale operating area of Ohio to Houston’s Encino Acquisition Partners, it’s announced the nearly $4 billion purchase of a Houston exploration company. Chesapeake said it’s entered into an agreement to …

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Devon finds more success in Kingfisher County

Devon Energy Production is reporting three more Kingfisher county wells in Oklahoma’s STACK play including one producing more than 1,000 Boed. The completion reports issued Monday by the Oklahoma Corporation Commission showed all three wells were drilled on the same pad located at 4 16N 9W located midway between Kingfisher and Watonga. The Mosasaurus 4-16n-92 …

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Corporation Commissioner Anthony reappointed to national regulatory board

Oklahoma Corporation Commissioner Bob Anthony has been reappointed to the Board of Directors of the National Association of Regulatory Utility Commissioners. The appointment was made by NARUC’s president John W. Betkoski and the new term ends Oct. 31, 2022. While Anthony was a member of the Association, he was elected chairman of the National Regulatory …

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Altus police get big donation from CenterPoint Energy

The Altus Police Department got improved technology this week, thanks to a donation of 40 mobile data laptop terminals from CenterPoint Energy. The company is in the process of replacing these laptop terminals used for field technician trucks; the donated units will support field officers of the Altus Police Department. “Safety is one of CenterPoint …

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ONE Gas reports drop in 3Q earnings

Tulsa’s ONE Gas, Inc. is reporting third quarter 2018 net income of $16.3 million or 31 cents a share, a drop from the $18.8 million and 36-share earnings reported a year ago. Year-to-date 2018 net income is $127.5 million or $2.41 per diluted share which is better compared to a year ago when the net …

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