OklahomaMinerals.com

Snippets

• Chord Acquires Williston Basin Acreage in $375 Million Deal
  Chord Energy Corp. has strengthened its position in the Williston Basin with an agreement to...
  Chord Energy Corp. has strengthened its position in the Williston Basin with an agreement to acquire core acreage from Exxon Mobil Corp. subsidiary XTO Energy Inc. and affiliates for $375 million cash.
  
  The acquisition was announced on May 22 as Chord sheds non-core acreage outside the basin.
  
  The nearly one-year-old company, formed by a merger of Whiting Petroleum and Oasis Petroleum in 2022, will add about 62,000 acres—of which about three-quarters is undeveloped—within or adjacent to its near-term development program, the company said in a news release.
  Read More
• Oil majors offer a reality check on the energy transition
  The world is not on track to achieve net-zero emissions...
  The world is not on track to achieve net-zero emissions by 2050, the risk of stranded oil and natural gas assets is overblown and profitability remains a key driver of renewable project investment, ExxonMobil and Shell said in recent statements, debunking prevalent myths surrounding the energy transition. Their comments shed light on the realities of the ongoing energy transition and underscore the need for a more nuanced understanding of the energy landscape, writes energy policy analyst David Blackmon.
  Read More
• With Bakhmut in Ruins, Ukraine Shifts Focus to City’s Outskirts
  Russian forces are engaged in “mopping up” operations to clear the remaining Ukrainian soldiers from...
  Russian forces are engaged in “mopping up” operations to clear the remaining Ukrainian soldiers from the ruins of Bakhmut, a senior Ukrainian official said on Monday, as Kyiv’s military commanders seek to shift the focus from their apparent loss of the city to the battle for its outskirts.
  
  The commander of Ukraine’s ground forces, Gen. Oleksandr Syrsky, conceded over the weekend that only a small contingent of Ukrainian soldiers is now inside Bakhmut, a tacit acknowledgment that Russia had prevailed in its nearly yearlong campaign to seize the city.
  Read More
• Halliburton Elects 13 New Directors, Declares Dividend
  Halliburton Co.’s shareholders elected a baker’s dozen of nominees to the company’s board, according...
  Halliburton Co.’s shareholders elected a baker’s dozen of nominees to the company’s board, according to a recent press release. Following the stockholder's meeting, the board met and declared a second-quarter 2023 dividend.
  
  The dividend is payable on June 28 to shareholders of record at the close of business on June 7
  Read More
• ☕️What Else is Brewing Monday Morning
  A SpaceX rocket blasted off to the International Space Station in a mission organized by the private...
  A SpaceX rocket blasted off to the International Space Station in a mission organized by the private space company Axiom Space. It’s carrying the first Saudis to go to space since 1985.
  
  National Treasure won the Preakness Stakes, capping an emotional day for trainer Bob Baffert. In an earlier race, one of Baffert’s horses was euthanized after suffering an injury.
  
  The US esports industry is hurting, with viewership down 32% from 2021 and organizations selling their teams.
  
  Manchester City won the Premier League for the fifth time in the last six years. And two more trophies could be in store this spring for Pep Guardiola’s dominant squad.
  
  
  Read More

• Prev
• Next