Harvest Oil and Gas Corp., a Texas firm with operations in Oklahoma and throughout the Mid-Continent area has sold its South Texas Assets in a $135 million deal with Magnolia Oil and Gas Corporation based in Houston, Texas. The sale also includes 4.2 million newly issued shares from Magnolia to Harvest Oi land Gas. The …
Tulsa’s Magellan Midstream Partners, L.P. and Plains All American Pipeline, L.P. of Houston have sold their 50% interest in BridgeTex Pipeline company in a $1.4 billion joint venture with the Canadian pension plan OMERS. Once the $1.438 billion deal is finalized, OMERS will end up with a 30% interest from Plains and a 20% interest …
Schlumberger Limited’s already planning for the release of its third quarter 2018 earnings. The firm is planning an October 19 conference call to discuss the results for the quarter ending September 30, 2018. The results will be released at 7 a.m. Eastern time and the call will be held 90 minutes later. With major operations …
Northwest Pipeline LL , a wholly owned subsidiary of The Williams Companies, Inc., announced that it has priced an offering of $250 million of its 4.000 percent Senior Notes due 2027 through an add-on to its existing issue. The $250 million in aggregate principal amount of 4.000 percent Senior Notes due 2027, scheduled to be …
Two years after Oklahomans joined thousands of others in protesting the Dakota Access oil pipeline in North Dakota, one of the American Indian activists has reached a plea deal on charges of inciting a riot. Chase Iron Eyes will avoid jail time after the plea deal resulted in the charge being reduced to disorderly conduct. …
The White House announcement that it will be rolling back the Clean Power Plan of the Obama administration brought a round of applause from Oklahoma U.S. Sen. Jim Inhofe. “I applaud President Trump and Acting Administrator Wheeler for delivering on their promise to repeal President Obama’s illegal clean power plan,” said the Senator in a …
TransCanada has started legal moves to begin condemning private land in South Dakota in preparation for its Keystone XL oil pipeline. Eminent domain petitions were filed in state court against land in Harding County that is owned by two families, according to the Rapid City Journal. And one of them intends to put up a fight. …
A woman with knowledge about Oklahoma’s environmental problems and challenges has been named a commissioner on the Texas Commission Environmental Quality. Gov. Greg Abbott named Emily Lindley to the commission replacing Toby Baker who announced his resignation to become the agency’s executive director. Lindley had previously served as chief of staff for the Region 6 …
With the end of summer approaching, gasoline prices are falling in Oklahoma and across the country. The state’s new average this week is $2.59, down from the $2.62 a gallon reported last week by AAA Oklahoma. The national gas price average is $2.84, a drop of three cents from the beginning of the week. The …
For joining the Board of Directors at Chesapeake Energy Corporation this week, Mark A. Edmunds picked up nearly 22,000 shares in stock from the Oklahoma City company. He will also be paid an annual retainer of $100,000, according to an amended filing made Tuesday by Chesapeake Energy with the Securities Exchange Commission. Chesapeake announced his …