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Latest Oklahoma Oil & Gas News

  • MARKET WATCH: Natural gas price falls, oil price rallies 25 Jul 2008 23:34 GMT
    ... (Oil & Gas Journal, July 25, 2008, 12:30 ... spot market, West Texas Intermediate at Cushing, Okla., was up $1.05 to $124.74/bbl. Heating oil ...

  • SemGroup's $3.2 billion failure shocks backers 25 Jul 2008 23:34 GMT
    ... little idea of the extent of the oil trading losses that sank it, sources said this ... two sources said this week. The Tulsa, Oklahoma-based company filed for bankruptcy on Tuesday after ... lenders, SemGroup revealed its massive bets that oil prices would fall had gone spectacularly wrong and ...

  • Filings: SEC investigating SemGroup 25 Jul 2008 22:37 GMT
    ... $2.4 billion in hedged trading on the oil futures markets, records show. The Securities and Exchange ... spokesman for the U.S. Attorney's Office in Oklahoma City, could not comment Friday on the ... Delaware, reported that its liquidity suffered as oil prices kept rising and the company was hit ...

  • Holly Energy Partners Declares Distribution 25 Jul 2008 22:35 GMT
    ... provides transportation and terminal services to the petroleum industry, including Holly Corporation, which currently owns ... Partnership owns and operates crude and product pipelines and terminals located in Texas, New Mexico, Oklahoma, Arizona, Washington, Idaho and Utah. In addition, ...

  • Quest Energy Partners Raises Quarterly Distribution to $0.43 per Unit and Declares Distribution for the Second Quarter o 25 Jul 2008 22:35 GMT
    ... QRCP) to acquire, exploit and develop natural gas and oil properties and to acquire, own, and operate related ... is located in southeast Kansas and northeast Oklahoma and holds a drilling inventory of nearly ...


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