Share “Oklahoma business briefs for June 26”

Oklahoma business briefs for June 26

Oklahoma business briefs for June 26
Modified: June 25, 2013 at 8:15 pm •  Published: June 26, 2013
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Sam's Club opens hiring center

Sam's Club has opened a welcome center in Edmond to facilitate the hiring of about 200 employees for a new location set to open this fall. There will be a meet-and-greet event from 10 a.m. to 4 p.m. Saturday at the center, 3208 S Broadway, to showcase job opportunities. Available positions include meat cutters, cart pushers and more. Both full- and part-time jobs are available.

PostRock cuts issuance program

PostRock Energy Corp. said Tuesday it has suspended sales under its at-the-market issuance program for the foreseeable future. Since beginning in June 2012, about 3 million new common stock shares have sold for net proceeds of $4.7 million, including more than 530,000 shares for about $800,000 in 2013's second quarter. “The ATM was a welcome but modest source of liquidity as we began to develop our oil projects,” CEO Terry W. Carter said. “However, additional sales do not appear necessary in the near future. Now that our oil development program has begun to bear fruit and results have justified a modest increase in our borrowing base, we believe we have sufficient liquidity to continue our plans.”

From staff reports