By Adam Wilmoth, Energy Editor | Updated: Sat, Nov 15, 2014
Oklahoma City-based Continental Resources Inc. supports proposed rules designed to make it safer for oil to be carried by rail throughout the country, said Jeff Hume, Continental’s vice chairman of strategic growth initiatives.
Continental Resources Inc. CEO Harold Hamm’s ex-wife Sue Ann Hamm intends to appeal Monday’s ruling by an Oklahoma County judge that she was entitled to about $995 million after being married to the billionaire oilman since 1988, her attorney told The Oklahoman on Friday.
By Paul Monies, Business Writer | Published: Thu, Nov 13, 2014
Oil and gas development in Oklahoma has outpaced the ability of electric utilities to build infrastructure needed to serve new demand. Much of the slack has been picked up by distributed generation in the oil patch, according to panelists at the Strategic Energy Forum in Oklahoma City.
CEO Jim Palm said 90 percent of Gulfport's production is oil, including sweet crude from Louisiana that sells at about a $25 premium to the West Texas Intermediate produced in Oklahoma and surrounding states.