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Energy - 05.07.2012

Largest Chesapeake shareholder sends directives to CEO and board

Chesapeake Energy Corp.’s largest shareholder focused some direct language toward the company May 7 in an amendment to a previous document filed with the U.S. Securities and Exchange Commission that called for the energy company to set aside goals and practices it feels are not beneficial to current operations and focus on maximizing operational cash flow. It also urged the board to be open to any offers to acquire the whole company, with several provisions. Read more
 
Energy - 05.01.2012

McClendon no longer serves as chairman, continues as CEO

Chesapeake Energy Corp.'s Aubrey McClendon no longer will serve as chairman of the company's board of directors, but will continue as CEO. According to company officials, the board's nominating and corporate governance committee “is considering potential candidates with no previous substantive relationship with Chesapeake and will be soliciting input from major shareholders.” Read more
 
Energy - 04.26.2012

Chesapeake board clarifies agreement with McClendon

In response to recent media reports of shady dealings inside Chesapeake Energy Corp. and with its CEO, the board of directors does not plan to extend a lucrative well drilling program past its current deadline of Dec. 31, 2015. Read more
 
Energy - 04.19.2012

Chesapeake shares dip on news of McClendon's investment in wells

Chesapeake Energy Corp. shares sharply declined April 18 after a published report showed CEO Aubrey McClendon took out personal loans to the tune of at least $1.1 billion and used Chesapeake wells as collateral. Read more
 
Energy - 04.10.2012

Three Chesapeake deals to net $2.6 billion

Three oil and gas asset monetization transactions announced by Chesapeake Energy Corp. will result in proceeds of about $2.6 billion in cash.

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Energy - 04.02.2012

SandRidge announces pricing of $750 million offering of senior notes

SandRidge Energy Inc. announced April 2 the pricing of its private placement of $750 million of 8.125% senior notes due 2022. Read more
 
Energy - 03.28.2012

Dining at Devon

The oil and gas company serves up a towerful of options

Ready for some Downtown dining unlike anything the city has seen before? Devon Energy Corp. plans to open a full-service restaurant and banquet space in the top two floors of its new 50-story office tower, in addition to an expansive food court in its adjoining garden wing.

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Energy - 02.23.2012

Dining at Devon

The oil and gas company is serving up a pot full of options

Devon Energy Corp. plans to open a full-service restaurant and banquet space in the top two floors of its 50-story office tower, in addition to a food court in its adjoining garden wing. Read more
 
Energy - 02.15.2012

Devon reports 2011 earnings at $4.7 billion

Devon Energy Corp. reported for 2011 its net earnings bested 2010 by $100 million to end the year at $4.7 billion. Read more
 
Energy - 02.13.2012

Chesapeake details its financial plan for 2012

Company targets $10-12 billion in asset monetizations during the year

Chesapeake Energy Corporation today provided details on its financial plan to fully fund the company’s anticipated capital expenditures during 2012 and provide additional liquidity for 2013. The company is also projecting that its rapidly increasing liquids production will enable it in 2014 to reach equilibrium between its cash flow from operations and its planned drilling and completion capital expenditures. Read more
 
Energy - 02.06.2012

Oklahoma oil field services company acquired by Reservoir Group, Scotland

Warren & Christian, Inc. acquired by Empirica, the surface logging division of Reservoir Group, Scotland

ClearRidge Capital, an Oklahoma Investment Banking firm, announces the acquisition of Oklahoma oil field services company, Warren & Christian Inc. by Reservoir Group’s surface logging division, Empirica. Read more
 
Energy - 02.02.2012

Assets International opens Oklahoma office to expand mineral rights owners investigative services

Assets International, an asset recovery company specializing in locating missing heirs, mineral rights owners and other beneficiaries, is expanding its work in oil and gas in Oklahoma with the opening of a satellite office in Oklahoma City effective February 1, 2012. Read more
 
Energy - 01.19.2012

Chesapeake is top Oklahoma company on annual Fortune list

For the fifth year, Chesapeake and Devon make the Best Companies to Work For list; American Fidelity makes ninth appearance

Four Oklahoma companies – three based in Oklahoma City – made it on the Fortune 100 Best Companies to Work For list, a yearly compilation that seeks out employers around the country that go above and beyond for their employees. Read more
 
Energy - 01.06.2012

SandRidge plans offering of stock in Mississippian Trust II

Oklahoma City-based oil and gas company will offer $500 million in common units; awaiting SEC approval.

SandRidge Energy Inc. plans an initial offering of about $500 million in common units in its newly-formed Mississippian Trust II, according to filings with the U.S. Securities and Exchange Commission. Read more
 
Energy - 12.02.2011

ONEOK to sell marketing subsidiary

ONEOK, Inc. today announced that it has entered into a definitive agreement to sell its subsidiary, ONEOK Energy Marketing Company, to Constellation Energy Group, Inc. for $22.5 million plus working capital. Read more
 
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