Special Address: Tom Petrie, Petrie Partners (2016)
Tom Petrie, chairman of Petrie Partners LLC.
ConocoPhillips Posts Smaller Loss, Cuts 2016 Capex
Excluding items, the company lost 66 cents per share, while analysts on average had expected loss of 70 cents, according to Thomson Reuters.
Chesapeake Shores Up Capital With $1.25 Billion Debt Deal
Chesapeake Energy closed a private placement of $1.25 billion of debt, shoring up capital for debt repayment 10 months after it said it had no plans to file for bankruptcy.
Chesapeake Receives DOJ Subpoena Regarding Acquisition Accounting Methodology
Chesapeake said in a regulatory filing on Sept. 29 that it had engaged in discussions with the DoJ, the U.S. Postal Service and state agency representatives and continues to respond to such subpoenas and demands, Reuters reported.
TPH Partners With Oklahoma-Focused Antioch Energy
The company, headquartered in Oklahoma City, plans to focus on the acquisition and development of conventional and unconventional oil and gas properties primarily in the Sooner State.
EPA To Shut Some Oklahoma Wastewater Wells After Quake
Local news website NewsOK reported that the EPA told the Oklahoam Corporation Commission in a letter on Sept. 4 that it would order Osage County wastewater wells to be shut, but did not specify how many would be affected.
Oklahoma Rocked By One Of Its Strongest Earthquakes
The magnitude 5.6 quake, which was felt from South Dakota to Texas, prompted the closure of some 35 wastewater disposal wells in the area, officials said.
Report: First US LNG Shipment On Its Way To China
The news is the latest sign that the expanded Panama Canal is allowing U.S. exports to reach the world's top LNG buyers in Asia.
Rimrock Resource Partners Buys 24,500 Net Acres In The Scoop
Rimrock was formed last year to pursue Midcontinent acquisitions targeting the Woodford Shale, following a $75 million equity commitment from Post Oak Energy Capital and Ceja Corp.
Midcontinent: DUCs Charge Up Demand For Pressure Pumping Services
Midcontinent service providers anticipate an increase in well stimulation pricing from the current average of $38,000 per stage, largely reflecting activity in the Scoop and Stack plays.