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Oklahoma business briefs for April 10, 2019

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OKLAHOMA CITY

Choctaw Nation job fair scheduled

Choctaw Nation Career Development is hosting its first job fair at Oklahoma City Community College.

The job fair is scheduled for 10 a.m. to 2 p.m. April 18 in the Main Building on campus, located at 7777 S May Ave.

Representatives from 55 tribal entities, colleges and universities and private sector employers are scheduled to attend. The event is designed for adults looking for employment and college graduates entering the job market.

The job fair is free and open to the public. It is recommended that those attending bring copies of their resume and dress professionally. Additional information is available at 580-380-8633 or mherron@choctawnation.com.

PAWHUSKA

Petro River Oil completes Osage County well

Petro River Oil Corp. last month successfully completed drilling the South Red Eagle 3-35 well located in the West Blackland field in Osage County, the company said Tuesday.

The well is the first of 10 the company is scheduled to drill this year, including two scheduled for this month.

"We are happy with the progress of our 2019 drilling program in Osage County," Petro River President Stephen Brunner said. "We look forward to further development of our domestic operations in Osage County, Oklahoma, as well as Horizon Energy Partner's operations in Kern County, California, and the offshore projects in the North Sea, both Denmark and the United Kingdom."

BETHANY

Stockyards fundraiser supports The Children’s Center

The Oklahoma National Stockyards Co. recently led a Longhorn Opportunities Sale, which included a special fundraiser for The Children’s Center Rehabilitation Hospital in Bethany.

Justin and Amanda Rombeck, owners of JBR Longhorns LLC & Bar R Cattle Company in Kansas City, Kansas, and coordinators of the Longhorn Opportunities Sale, donated Bar R Royally Spicy, female longhorn, for auction to raise money for The Children’s Center. The auction raised $5,500.

“It’s generosity like theirs that allows The Children’s Center Rehabilitation Hospital to serve thousands of children throughout the state and region," The Children's Center CEO Albert Gray said. “We are also thankful for the Oklahoma National Stockyards for hosting and promoting this great event."

TULSA

Williams completes sale

Williams announced this week it has sold its interest in the the Jackalope Gas Gathering Services system in Wyoming to an affiliate of its former partner, Crestwood Equity Partners, for $484.6 million.

Before the sale, Williams operated the system, and officials said the company will use both the sale cash and another $90 million it had planned to spend this year on maintaining the system to boost spending on other growth projects and to reduce its debt.

“We continue to optimize our portfolio to improve our credit metrics while maintaining the growth embedded in our guidance,” said Alan Armstrong, president and chief executive officer of Williams. “This win-win transaction frees up capital that we can re-deploy into high-return assets that are better linked to our strategy."

Williams plans to provide updated 2019 financial guidance with its first-quarter 2019 earnings release, officials said.

Staff reports

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