Posts Tagged ‘Oklahoma’

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 [...]

Penn Virginia Corporation Announces Organizational Changes

November 18th, 2009

Penn Virginia Corporation (NYSE: PVA - News) today announced that to better position itself for growth opportunities in its oil and gas business, as well as to improve corporate efficiency, it will undertake organizational changes in both its financial and oil and gas operations groups.
PVA will move its corporate accounting functions from Kingsport, TN to [...]

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 [...]

Holly Corporation Third Quarter 2009 Earnings Release and Conference Webcast

October 15th, 2009

Holly Corporation (NYSE: HOC - News) plans to announce results for the quarter ended September 30, 2009 on November 5, 2009, before the opening of trading on the NYSE. The company has scheduled a webcast conference call on November 5, 2009 at 4:00PM Eastern time to discuss financial results.
Holly Corporation, headquartered in Dallas, Texas, is [...]

Credo Petroleum Q3 Profit Falls - Update

September 10th, 2009

(RTTNews) - Wednesday, Denver, Colorado-based Credo Petroleum Corp. (CRED: News ), posted a lower third-quarter profit as revenues fell impacted by substantially lower price realizations for both oil and natural gas.
Third-quarter net income fell down to $0.35 million or $0.03 per share from $3.34 million or $0.34 per share for the prior-year quarter.
Revenues [...]

Credo Petroleum Reports Financial Results for the Quarter and Nine Months Ended July 31, 2009

September 9th, 2009

DENVER–(BUSINESS WIRE)–Credo Petroleum Corporation (NASDAQ:CRED - News) today reported financial results for the quarter and nine months ended July 31, 2009.
For the third quarter, net income was $353,000, or $.03 per basic and diluted share, compared to $3,343,000, or $.34 per diluted share last year. Production increased 6% compared to last year, however, substantially lower [...]

Best Energy Services to Announce Second Quarter Results on Wednesday, August 19, 2009

August 18th, 2009

gy Services, Inc. (OTC Bulletin Board: BEYS - News) will announce its financial results for the three and six months ended June 30, 2009 on Wednesday, August 19, 2009.
In addition, management will host a teleconference on Thursday, August 20, 2009, beginning at 4:15 PM Eastern Time, and invites all interested parties to join a discussion [...]

ONEOK Partners Announces Common Units Public Offering

June 16th, 2009

TULSA, Okla., June 16 /PRNewswire-FirstCall/ — ONEOK Partners, L.P. (NYSE: OKS - News) today announced a public offering of 5 million of its common units, representing limited partner interests, subject to market and other conditions. The units will be offered by ONEOK Partners pursuant to an effective shelf registration statement on file with the Securities [...]

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 [...]

Precision Petroleum Corporation in Negotiations to Acquire Up to 88% of Producing Well in Pottawatomie County, Oklahoma

June 15th, 2009

Precision Petroleum Corporation (Nevada Company) (OTC BB:PPTO.OB - News). Precision Petroleum Corporation (the “Company”) is currently in negotiations to purchase up to 88% working interest of a producing well in Pottawatomie County, Oklahoma.
President Richard Porterfield, comments that the Company is in final negotiations with lease owners on a very substantial oil property located in Pottawatomie. [...]