Dealership sold to David Stanley
NORMAN — The Marc Heitz Chevrolet dealership at Interstate 35 and Lindsey Street has been sold to the David Stanley Auto Group. Marc Heitz said the transition will be seamless with no interruption in sales, parts or service to customers. The 77,000-square-foot facility opened in 2008 and features a dog park, children's playground, wind turbine and indoor aquarium. “We owe a lot to our loyal customers over the years,” Heitz said. “With their help, we transformed this dealership into Oklahoma's largest Chevrolet store and one of the largest in the entire country.” Transaction details were not disclosed.
Track honors 2 millionth guest
Remington Park greeted its 2 millionth customer this year with more than $2,000 in prizes as he entered the Oklahoma City racetrack and casino on Dec. 14. Patrick Dang, a University of Central Oklahoma student, said he finished his college finals less than an hour before heading to Remington Park for his birthday celebration. Remington Park President Scott Wells attributed the attendance record to the level of horses racing at the facility, added amenities and the enhancement of both race-day and casino promotions and patron rewards. Wells said attendance has grown significantly since Global Gaming Solutions, a subsidiary of the Chickasaw Nation, purchased the track in late 2009.
Resource application sent
Grizzly Oil Sands LLC has submitted a resource application to the Alberta Energy Resources Conservation Board to develop an oil sands project that will yield 12,000 barrels of oil a day for up to 40 years. Grizzly's Thickwood project would include a plant site and associated facilities with four well pads for up to 33 wells for use in steam-assisted gravity drainage of bitumen, the solid form of oil found in the area. The company expects its application to be approved in the next 12 months to 18 months, with the first production coming about 18 months later. Oklahoma City-based Gulfport Energy Corp. owns about 25 percent of Grizzly.
TLP Energy sells for $655M
The assets of Oklahoma City-based oil and natural gas company TLP Energy has been sold for about $655 million, according to the private equity firm that funded its formation last year. NFR Energy will acquire TLP upstream and midstream assets, including about 64,000 net acres of leasehold in Oklahoma and the Texas Panhandle. TLP was founded by CEO David Le Norman in August 2011 with funding from Trilantic Capital Partners.
From Staff Reports