Posts Tagged ‘Oklahoma City’

Devon Energy Announces $1.3 Billion Agreement with Maersk Oil in First of Planned Gulf of Mexico and International Divestitures

December 22nd, 2009

OKLAHOMA CITY, Dec. 22 /PRNewswire-FirstCall/ –Devon Energy Corporation (NYSE: DVN) today announced it has agreed to sell its interests in three Lower Tertiary development projects in the Gulf of Mexico to Maersk Oil for $1.3 billion. The agreement covers Devon’s 50-percent working interest in the Cascade project and its 25-percent working interests in the Jack [...]

New poll reveals Oklahomans support wind energy

November 8th, 2009

Nov. 7–Big companies used to talk about their potential expansion plans with large metro areas in Oklahoma
Now smaller communities are the focus of their attention.
“Wind development is bringing new money and new energy into Western Oklahoma like I’ve never seen,” said LaVern Phillips, president of Woodward Industrial Foundation. “We’re riding a tide of new opportunities.”
“The [...]

Nitro Petroleum Incorporated Tests First Alberta Well and Participates in Second Well

June 15th, 2009

OKLAHOMA CITY, OKLAHOMA–(MARKET WIRE)–Jun 12, 2009 — Nitro Petroleum Incorporated (OTC BB:NTRO.OB - News) is pleased to announce that it has completed testing on its first Alberta well. On June 5, 2009, Nitro announced it was participating in a two well project. The first well has completed testing. The meters were pulled on June 9th [...]

Enterra Energy Trust’s Credit Facility Renewed

June 11th, 2009

Enterra Energy Trust’s (”Enterra”, “We”, “Our” or the “Trust”) annual credit facility renewal process has been completed with its Bank Syndicate lenders, The Bank of Nova Scotia, HSBC Bank Canada and Union Bank of California. The credit facility revolving period has been renewed until June 25, 2010 and has a further one year term out [...]

Pickens: Renewable energy sources a must for US

November 29th, 2008

OKLAHOMA CITY — As he prepares to address a wind-power conference in Oklahoma, billionaire energy magnate T. Boone Pickens said it shouldn’t seem strange that he is interested in wind and other alternative energy sources.
“It’s not totally unrelated to the oil business,” Pickens told The Associated Press. “It’s an energy business. It’s easy for [...]

Planned Okla. tax credit for geothermal heat pumps

November 22nd, 2008

By Sean Murphy, Associated Press Writer
Okla. House speaker unveils plan to give tax credit for installation of geothermal heat pumps
OKLAHOMA CITY (AP) – Oklahomans who buy geothermal heat pumps for their homes or businesses would receive a 5 percent state tax credit under a proposal unveiled Thursday by state House Speaker Chris Benge.
Benge, R-Tulsa, announced [...]

Cost of gasoline at $2.50 in Tulsa

October 19th, 2008

By ROD WALTON World Staff Writer
10/18/2008
Last Modified: 10/18/2008 2:16 AM
Drivers are happy area gas stations have some of the lowest prices in the nation.
Linda Sunday walked to the gas pump Friday with a spring in her step, a smile on her face and, truth be told, a little roll of the eyes. Regular [...]