By Paul Monies Business Writer firstname.lastname@example.org | Updated: Fri, Jan 22, 2016
Chesapeake Energy Corp. shares got a brief boost Friday morning after the company announced it would free up $170 million in cash annually by suspending dividends from its preferred stock. The gains were short-lived as shares went over $4 in morning trading before falling again to close at $3.51.
By Paul Monies Business Writer email@example.com | Published: Wed, Jan 13, 2016
The Oklahoma Corporation Commission said Wednesday it has asked operators of 27 saltwater disposal wells in the Fairview area to limit volumes following an outbreak of seismic activity.
Regulators also said they're looking closely at recent winter storms in the area that knocked out power to...
By Paul Monies Business Writer firstname.lastname@example.org | Updated: Tue, Jan 12, 2016
Oklahoma officials and SandRidge Energy Inc. are working on a possible settlement that could resolve a month-long dispute over whether the energy company should voluntarily shut down saltwater disposal wells in an area of recent earthquake activity.
"Talks are underway," Corporation Commission...
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.