Conference showcases nanotechThe growing field of nanotechnology and the products it yields will be showcased today and Friday in a combined NanoFocus and Oklahoma EPSCoR Annual State Conference at the Cox Convention Center. The conference will present the impact of nanotech in Oklahoma, as well developments in the area of biofuels and plant viruses, biodiversity and ecology. About 250 people have registered for the free event at the Oklahoma Nanotechnology Initiative's Web site, www.oknano.com. "We have doubled our participation from last year,” said Jim Mason, executive director of the Oklahoma Nanotechnology Initiative. The event will feature 48 speakers and breakout sessions in three tracks on both days, Mason said. The 12 Oklahoma companies that have applied for Oklahoma Nanotechnology Application Program grants will be introduced at the conference.
IN OTHER NEWS
GMX unveils record production, incomeGMX Resources Inc. on Wednesday announced record-setting production and cash results for both the final quarter of 2007 and the entire year. For the fourth quarter, the Oklahoma City company had net income of $4.9 million, more than double what it earned during the same time in 2006. For the entire year, the company reported net income of $16.9 million, compared with $9 million in 2006. For the entire year, it reported oil and natural gas production of 8.7 billion cubic feet equivalent, compared to 4.3 billion cubic feet equivalent in 2006. It also reported record-setting oil and natural gas sales for 2007 totaling $67.9 million, compared with $31.9 million in 2006. The company also will pay a quarterly dividend of about 58 cents per share of its stock on April 1 to share holders who owned the stock as of March 21, officials said.
Devon announces 16-cent dividendsDevon Energy Corp. of Oklahoma City announced Wednesday its board approved a quarterly cash dividend of 16 cents per common share. The dividend is payable on March 31 to stockholders who owned the stock as of March 17. Devon also announced a quarterly cash dividend on its preferred stock of about $1.62 per share, with the same ownership parameters applied. From Staff Reports