The Journal Record

Okc-Based Kerr-Mcgee to Drill Offshore Angola

Kerr-McGee Angola Ltd., a wholly owned affiliate of Kerr-McGee Oil & Gas Corp., today announced it has signed an agreement with Angola's national petroleum company, Sonangol, to explore for hydrocarbons on block 10 offshore Angola. The agreement gives Kerr-McGee a 25 percent contract interest in block 10, which is operated by Devon Energy Corp. with a 35 percent contract interest. Sonangol and affiliates retain a 40 percent contract interest.

Faa Credit Union to Open Branch in Capitol Hill Area of Okc

FAA Credit Union plans to open a branch office this fall at 3805 S. Western Ave. in the Capitol Hill area. Establishing a location within the Capitol Hill community is a natural progression for us, said Steve Rasmussen, FAA Credit Union president. The number of members residing in that area has increased in recent years, so this new facility will make it easier for them to do business with us. We also feel the diverse ethnic fabric of the Capitol Hill area bodes well for the community's conti...

F&M Bank Opens New Okc Banking Office

F&M Bank has opened a new banking office at 17100 N. May Avenue. The new location is directly across from the Rose Creek Golf Course. A grand opening is scheduled June 10.

Washita County, Okla., District Court Rules for Gold Bank

Ok State House Passes College Savings Accounts

The state House unanimously passed a bill to increase the amount of money Oklahomans can place tax free in college savings accounts. Senate Bill 448, by state Rep. Susan Winchester, would raise the maximum deduction granted to Oklahomans who invest their money in a college savings plan from $2,500 per account per year to as much as $20,000 per account. The costs of a college education continue to rise, said Winchester, R-Chickasha. This bill puts Oklahoma's families in a better position to pa...

Midwest City-Based Rose State College Adds Finance Degree

Pending approval by the Oklahoma State Regents for Higher Education, the Rose State College Business and Information Technology Division will offer a new degree in consumer finance administration. The degree option was designed to prepare students for employment in personal financial planning, financial institutions/loan offices, corporate finance departments, consumer lending and personnel and payroll departments. Specialty courses will include financial accounting, personal income tax, prin...

Osu Facility Helps Keep Product Development Funds in Oklahoma

Keeping Oklahoma dollars in the state is the goal of the Oklahoma Food and Agriculture Product Research and Development Center on the Oklahoma State University campus in Stillwater. In 1987, state Sen. Robert Kerr saw the need for Oklahoma to diversify its economic base. Not only was the state dependent on the oil industry, but its agricultural raw-to-finish dollars were leaving the state for manufacturing elsewhere, said Stanley Gilliland, food biologist, regents professor and Sittingdon Chair.

Okc-Based Jordan Associates Helps Firm Refocus with New Name: Techrizon

When executives with Lawton-based Telos-OK decided the company was in need of rebranding they turned to Jordan Associates of Oklahoma City. The technology company was seeking a name that would more accurately reflect the firm's vision for the future.

Sbc Oklahoma's Deregulation Bid Runs Into Snag

SBC Oklahoma's effort to release its landline telephone service from pricing regulation faces delays as the telephone utility fights a request for information made by the Oklahoma Corporation Commission. For the time being, SBC falls under the Oklahoma Plan, a regulatory structure meant to bridge the gap between treating the communications utility as a monopoly and more relaxed supervision of a competitive telephone market. SBC's various services are categorized into four baskets, based on th...

Okc Metro Dealers See Renewed Interest in Cars

There was a time when four-door sedans lost a bit of popularity as auto buyers went for sport utility vehicles and trucks. Those days appear to have slipped away, partly due to today's higher gasoline prices.

Okc Events: May 24, 2005

Red Earth Inc., presenter of the annual Red Earth festivals, has named its 2005 Ambassador of the Year and Honored One. They are Lou Kerr, a civic leader who is active in preserving and honoring the traditions of Native American people, and Harvey Pratt, whose work is featured on the 2005 official festival poster. The 2005 Festival, scheduled June 3-5 at the Oklahoma State Fair grounds, is celebrating its 19th year to draw participants from all over North America. The festival, a project of R...

Oklahoma Franchise Tax Bill Advances

Thousands of small businesses in Oklahoma could be spared the hassle of dealing with the franchise tax under a bill approved by lawmakers on Monday. House Bill 1738, by state Rep. Randy Terrill, would eliminate the state franchise tax for any business owing $10 or less annually. Qualifying businesses would also be freed from having to file a franchise tax return. The franchise tax is defined as a privilege tax that is imposed on any corporations chartered in Oklahoma. It's basically a tax bus...

Fox to Distribute Okc-Based Graymark Productions Film

Twentieth Century Fox Home Entertainment will distribute Graymark Productions' film Cloud 9 in the United States and Canada under an agreement with Out of The Blue Productions, a subsidiary of Graymark Productions of Oklahoma City. Graymark's first film, Cloud 9, is a comedy starring Hollywood icon Burt Reynolds, Angie Everhart, D.L. Hughley, Paul Rodriguez, and volleyball champ Gabrielle Reece. The film was produced by Academy Award winners Al Ruddy (Million Dollar Baby, Godfather, The Longe...

Oklahoma City Oilman Turns Humor Writer

In his day job, Bill Dutcher is president of Dutcher & Co., an Oklahoma City oil and gas property management company he founded in 1987. But the oilman has turned both humorist and publisher with the publication of Fictoids. The company recently opened its publishing and photography division in Norman. The division, headed by his daughter Emily Dutcher, published and is now marketing the book. According to Dutcher, a fictoid is a bit of fictional history, telling a story or making a statement...

Wilson Research Strategies Opens D.C. Office

Wilson Research Strategies has opened a new office in Washington, D.C., just steps from the U.S. Capitol, the Republican National Committee and U.S. House office buildings. Wilson said the office, at 324 Second St. SE, would house Washington staff and serve as a base for WRS client federal affairs operations outside of Oklahoma.

Oklahoma City National Memorial Launches Final Push

The Oklahoma City National Memorial has launched a final push to bring its Second Decade Campaign fund-raiser to its $5 million goal. Recent contributions include $500,000 from the Inasmuch Foundation; $500,000 from the E.L. and Thelma Gaylord Foundation; $500,000 from The Samuel Roberts Noble Foundation; $150,000 from OGE Energy; $150,000 from Oneok; $129,000 for the Oklahoma Children's Health Foundation; $100,000 from the Chickasaw Nation; $100,000 from the Ethics and Excellence in Journali...

Tulsa-Based Wiltel Communications Expands Canadian Business

Oklahoma Senate Approves Labor Definition

Deep Well Drilling Exemption Advances in Oklahoma

Drug Sale Ban in Oklahoma Approved by House

The House of Representatives on Monday passed Senate Bill 640, which would prohibit the sale of drugs or medicines to those without a license from the Board of Pharmacy. SB 640 by state Sen. Frank Shurden, D-Hanna, and state Rep. John Nance, R-Bethany, would expand the Board of Pharmacy's authority regarding the sale, manufacture and packaging of dangerous drugs to include rulemaking provisions for new or renewal application requirements for both in and out-of-state wholesale distributors, ch...