January-February 2017 Archives Page 2 of 4 - OILMAN Magazine
2017 January-February Contributors Jason Spiess 

Energy Scene with Jason Spiess

An Interview with Nick Candito, CEO and Co-founder, Progressly Jason Spiess: Since you are the founder, let’s start with the genesis of your company and then transition into what it is that you are doing today. Nick Candito: What we are with Progressly is a way for companies to digitize their internal procedures in a way where we can make… Read More
2017 January-February Louisiana 

Foothills Exploration, Magna Team Up on Labokay Prospect

Foothills Exploration Inc. in December entered into a participation agreement with Magna Operating LLC for the Labokay prospect, which covers 240 acres in Calcasieu Parish, Louisiana. The company said that Labokay is an amplitude versus offset oil (AVO) play in southwestern Louisiana targeting the Frio Nododaria Blanpiedi Sand. The agreement between the companies established an area of mutual interest for… Read More
2017 January-February Louisiana 

Swift Energy Sells Remaining Louisiana Assets

Swift Energy Company in December 2016 said it has sold its remaining 25% interest in the Burr Ferry and South Bearhead Creek Fields in central Louisiana. The company said that net proceeds of about $8 million from the sale will be used to reduce the amount of borrowings under the company’s credit facility, which was approximately $212 million prior to… Read More
2017 January-February Alex Mills Contributors Oklahoma 

Oklahoma AG Nominated as Director of EPA

President-elect Trump’s nominee for Director of the Environmental Protection Agency, Oklahoma Attorney General Scott Pruitt, has been met with praise and criticism from members of the Senate, who will be voting to confirm him soon after Trump takes office on Jan. 20. Praise has come from both Senators from Oklahoma, Jim Inhofe and James Lankford, and numerous conservative organizations. Opposition… Read More
2017 January-February Texas 

Texas Railroad Commissioner Sitton Joins Research Consortium on Seismicity

Texas Railroad Commissioner Ryan Sitton in November 2016 joined a research consortium that is working to understand both naturally occurring and potentially induced seismicity in the state and the associated risks. Sitton will collaborate with the Bureau of Economic Geology (BEG) Center for Integrated Seismicity Research (CISR), an industry-sponsored, multidisciplinary, trans-college research center. The research of CISR is designed to… Read More
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