Ag program sign-ups to begin
The U.S. Agriculture Department will conduct a four-week Conservation Reserve Program (CRP) general sign-up beginning Monday and ending on June 14. Agriculture Secretary Tom Vilsack also announced the restart of sign-up for continuous CRP, including the Conservation Reserve Enhancement Program, State Acres for Wildlife Enhancement Initiative, the Highly Erodible Land Initiative, the Grassland Restoration Initiative, the Pollinator Habitat Initiative and other related initiatives. Sign-up for continuous CRP began on May 13 and will continue through Sept. 30. “As always, we expect strong competition to enroll acres into CRP, and we urge interested producers to maximize their environmental benefits and to make cost-effective offers,” Vilsack said.
Hospitals to join forces
Okeene Municipal Hospital and St. Anthony Hospital have completed an agreement for the regional affiliation of Okeene Municipal Hospital. The affiliation was finalized in a signing ceremony Tuesday in Okeene. Under the agreement, Okeene Municipal Hospital, Weatherford Regional Hospital and St. Anthony will work collaboratively to bring enhanced health care service offerings to the residents of the region.
Enerlabs to purchase testing lab
The Oklahoma City-based energy and environmental laboratory company Enerlabs Inc. has signed a deal to buy a third testing lab for $600,000. The new laboratory specializes in hydrocarbon testing. The deal is expected to close within the next 90 days.
Atlas Sales opens new office
Commercial air conditioning equipment distributor Atlas Sales & Rentals Inc. has opened a full-service office in Oklahoma City. The new office is at 1300A Cornell Parkway.
NEW SOURCE ENERGY PARTNERS LP
New Source Energy Partners LP on Wednesday reported a net loss of $6.7 million, or 99 cents a unit, since its initial public offering in February through the end of the first quarter. New Source attributed the loss to $7.7 million in equity-based compensation and $5.3 million in derivative losses during the quarter. Those losses were partially offset by a $12.1 million income tax benefit due to a change in tax status. New Source also reported net production of 3,141 barrels of oil equivalent a day. New Source's board declared a prorated cash distribution of 27.417 cents a unit for the first quarter.
From Staff Reports