Archive | Public Companies

Group M increases investment on 11th

As work moves steadily forward at one project, one Tulsa company is moving down the street. Group M. Investment Inc., the real estate developers currently renovating what will become the Campbell Hotel & Event Center, recently purchased the three buildings next door, 2604, 2608 and 2620 E. 11th St., formerly comprising Wiemann Iron Works, further [...]

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Williams approved to expand in Southeast

Williams Partners LP announced today that the Federal Energy Regulatory Commission has approved a proposal to expand its Transco natural gas pipeline to serve markets in the southeastern U.S. New service from the Mobile Bay South II Expansion project would be available in May 2011. The project has been designed to create an additional 380,000 [...]

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Knight Capital completes acquisition of Urban Financial

Knight Capital Group Inc. announced yesterday the completion of the acquisition of Tulsa-based Urban Financial Group Inc., an independent mortgage company and leading originator of home equity conversion mortgages, or reverse mortgages, insured by the Federal Housing Administration. Terms of the acquisition were not disclosed. “Knight has acquired one of the leading originators of reverse [...]

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SandRidge, Arena amend merger agreement

SandRidge Energy Inc. and Arena Resources Inc. today jointly announced they have agreed to amend the merger agreement under which SandRidge will acquire Arena. Pursuant to the revised terms, every outstanding share of Arena will be converted in the merger into the right to receive 4.7771 shares of SandRidge common stock plus $4.50 per share [...]

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Newly formed Caballo Energy pins financial commitment

Caballo Energy LLC, headquarted in Tulsa, announced today that it has secured a private equity commitment from EnCap Energy Infrastructure Fund LP, managed by EnCap Investments LP and EnCap Flatrock Midstream. Caballo Energy was formed to acquire, develop and manage natural gas gathering, compression, treatment, processing and marketing assets. Company activities will be concentrated in [...]

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LaBarge’s Tulsa facility to manufacture for aerospace company

LaBarge Inc. announced today that Parker Aerospace’s electronic systems division has selected the company as a manufacturing partner. LaBarge estimates the value of the work is approximately $5 million a year. The LaBarge-built printed circuit card assemblies will be used for a variety of military and commercial aircraft programs, including the Boeing C-17 military transport [...]

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