Mississippian Lime

SemGroup to Buy Back Rose Rock Midstream for $391M

Five years after spinning off its crude oil gathering, transportation, storage and marketing assets in several North American shale plays into a master limited partnership (MLP), SemGroup Corp. said it plans to buy back Rose Rock Midstream LP in an all-stock transaction valued at $391 million. Read More

Oklahoma Governor Signs Bill Clarifying State's Authority to Act on Quakes

In an effort to reinforce the response to seismic activity in the state, Oklahoma Gov. Mary Fallin signed a bill clarifying that state regulators -- specifically, the Oklahoma Corporation Commission (OCC) -- has the authority to declare an emergency in matters pertaining to the oil and natural gas industry, and to take appropriate action when an emergency occurs. Read More