Invenergy, the Chicago-based wind energy company with operations throughout Oklahoma announced this week the signing of a 120 MW wind power purchase agreement to provide EM with renewable energy largely from its Gunsight Wind Energy Center locate…
Black Mountain Gets $150 million Commitment
Fort Worth-based Black Mountain Oil and Gas LLC has announced the closing of a $150 million equity commitment from Natural Gas Partners through NGP Natural Resources, XI, L.P.
“Our partnership with NGP will allow us to evaluate a broad opportuni…
EPA Administrator Taken to the Wood Shed over WOTUS
In case you missed it! Gina McCarthy, head of the Environmental Protection Agency was taken to the woodshed in a recent appearance before the U.S. House Agriculture committee.
She was scolded and accused of violating federal law in the implemen…
Supply and Demand Worries Plague Crude Prices on Thursday
Another down day for crude oil which helped pull stock markets lower around the globe. March West Texas Intermediate crude lost $1.24 to settle at $26.21 a barrel on the New York Mercantile Exchange. April Brent crude slipped 78 cents to end trade at $…
Harold Hamm To Be Inducted into Horatio Alger Association
Continental Resources Founder, Chairman and Chief Executive Officer Harold Hamm can add a new title, inductee to the Horatio Alger Association of Distinguished Americans. Horatio Alger, Jr. was an author who focused on the merits of honest, courage and…
State Budget Hole Grows—-Oil and Gas Downturn Blamed
State finance officials broke the news Thursday afternoon that the Oklahoma government budget hole will grow to $1.3 billion, not $900 million and certainly not $1.1 billion as some had speculated as the state legislature returned to work. And the down…
Analysts Wonder About Williams Merger
When Tulsa-based Williams Cos. releases its 4th quarter earnings next week, there’ll be plenty of anxious investors watching closely, according to one market website. Seeking Alpha, a crowd-sourced content service for the financial markets is skeptical…
New Member to Help Study Oklahoma’s Tax Incentives
Oklahoma Governor Mary Fallin announced this week the appointment of James Denton to the Incentive Evaluation Commission, an eight-member commission that will study the state’s tax incentives.
Denton is from Edmond and is an auditor with a private aud…
Bill to Eliminate Daylight Savings Time in Oklahoma Wins Committee Support
If the state were really to move in that direction of eliminating the Daylight Savings Time program, it would obviously affect any resident of the state. But judging by the indications from a State House committee that passed HB 2557 by Rep. Harold Wri…
Harold Hamm Not Ready to Say Who He’ll Support in GOP Presidential Race
Don’t expect Oklahoma billionaire oilman Harold Hamm to spill the beans about who he’s supporting in the Presidential campaign. As Politico’s Morning Energy Report revealed Thursday, Hamm, the chairman and founder of Continental Resources based in Okl…