Speakers selected for business summit
NORMAN — Holly I. Schick, director of the U.S. Small Business Administration’s Office of Government Contracting/Business Development, and David L. Nimmo, CEO of Chickasaw Nation Industries Inc., will be luncheon speakers at the Indian Country Businesses Summit.
The event is scheduled for Aug. 30-31 at the Embassy Suites Hotel and Conference Center in Norman and is designed to promote strategies in government contracting and offer one-on-one matchmaking sessions with prime contractors and government contracting officers.
Registration is $175 until Aug. 14, when it increases to $225. Registration is available online at icbsshow. com or by phone at 227-0382.
OCU economist is E Foundation fellow
Oklahoma City University economist Russell Evans has been named a distinguished fellow at E Foundation.
Evans is executive director of the Steven C. Agee Economic Research and Policy Institute and director of the Center for Regional Economic Forecasting at OCU. he will serve as economic adviser to the executive team and directors at the E Foundation, lead an economic round table discussion with other fiscal policy experts and produced
a state budget that aligns strategic interests with sound economic underpinnings, the foundation said Monday.
“Dr. Evans brings a wealth of knowledge and a passion for solving root causes; likewise, his character is something we are excited to have on our team,” E Foundation CEO Michael Carnuccio said. “The capacity for Oklahoma to be economically vigorous has not gone away, and Dr. Evans sees that clearly. We believe Oklahoma’s best days are within reach, and welcome Dr. Evans leadership to bring that potential into a focused reality.”
enhancing long-term value for our unitholders,” said CEO Joseph W. Craft III said. “ARLP’s performance for the 2017 quarter met our expectations and, with our outlook for the second half of the year intact, we continue to believe ARLP should deliver full-year results within our existing guidance ranges.”
ONE Gas Inc.
TULSA — ONE Gas Inc. on Monday reported a second-quarter profit of $20.6 million, or 39 cents a share, up from a net income of $20.3 million, or 38 cents a share, in the year-ago period.
Revenues increased to almost $280 million, up from $246 million in the second quarter of 2016. Operating income increased to $44.1 million, up from $43.6 million one year ago.
The natural gas utility company said it had 556 heating degree days across its service area in the second quarter, which is 16 percent warmer than normal, but 6 percent cooler than the year-ago quarter. Executives on Monday narrowed the company’s 2017 net income guidance to a range of $152 million to $162 million.
“We remain focused on investing in our systems to deliver natural gas to our customers safely and reliably,” CEO Pierce H. Norton II said. “Our solid results in the second quarter reflect this strategy, and we are on target to achieve our full-year 2017 guidance.” Oklahoma crude oil prices as of 5 p.m. Monday:
Oklahoma Sweet:
Sunoco Inc. — $46.75 Oklahoma Sour:
Sunoco Inc. — $34.75 Oklahoma oil and gas drilling activity posted July 18: COMPLETION
No postings.
INTENT TO DRILL
Blaine: Newfield Exploration Mid-Con Inc.; Sawyer 1613 No. 1H-27X Well; NW¼ NE¼ NE¼ NE¼ (BHL) of 27-16N-13W; TD 22,131.
Kingfisher: Devon Energy Production Co. LP; Showboat 10-3-16N-9W No. 10HX Well; NW¼ NW¼ NE¼ NE¼ (BHL) of 03-16N-09W; TD 18,931. Devon Energy Production Co. LP; Showboat 10-3-16N-9W No. 11HX Well; NE¼ NW¼ NE¼ NE¼ (BHL) of 03-16N-09W; TD 18,787. Devon Energy Production Co. LP; Showboat 10-3-16N-9W No. 12HX Well; NW¼ NE¼ NE¼ NE¼ (BHL) of 03-16N-09W; TD 18,927. Noble: Blake Production Co. Inc.; Thedford No. 2-12H Well; E½ NW¼ NE¼ NW¼ (SL) of 12-20N02W; TD 9,200.
Roger Mills: JMA Energy Co. LLC; Hutson Farms No. 3-13H Well; NW¼ NE¼ NW¼ NW¼ (SL) of 13-11N-23W; TD 17,460. SOURCE:
CORP. OIL-LAW RECORDS