Eagle Energy sells properties
TULSA — Houston-based Midstates Petroleum Co. has closed on its $650 million move to buy all of Tulsa-based Eagle Energy LLC's oil and gas properties. The deal, announced in August, includes Eagle's developed and undeveloped acreage primarily in the now popular and liquids-rich Mississippian Lime trend of northern Oklahoma and southern Kansas. The overall properties, in the Mississippian and Hunton plays, contain 114 gross producing wells spread out over 103,000 net acres. Eagle's team will operate those assets over a one-year transition period. Eagle CEO Steve Antry said he expects Midstates to hire much of the Eagle staff over that time.
Magnir expands into OKC
TULSA — Magnir, a Tulsa-based provider of information management services, has opened an Oklahoma City office to meet the needs of energy firms and other companies in the area. “We continue to see growth in Oklahoma City, and we decided we could best serve our clients and potential customers by making this expansion,” Managing Director Fred Menge said in a statement. The new office is at 4618 N Classen Blvd. Magnir provides information management services in the areas of litigation readiness, mergers and acquisitions, information systems audits and assessment. Magnir specializes in energy and utilities, manufacturing, aerospace and government.
Princeton salutes OSU programs
STILLWATER — For the second consecutive year, Oklahoma State University's four-year-old School of Entrepreneurship is among a handful of schools nationwide recognized by Princeton Review and Entrepreneur magazine for both its top-notch undergraduate and graduate programs. Of more than 2,000 programs reviewed, OSU's graduate entrepreneurship program ranked No. 14, while its undergraduate program ranked No. 22, Dean Larry Crosby said. Last year, the programs ranked No. 23 and No. 24, respectively. Evaluation criteria included the schools' percentage of faculty, students, and alumni actively and successfully involved in entrepreneurial endeavors and the number and reach of their mentorship programs, grants and scholarships funding, and support for school-sponsored business plan competitions.
Joining OSU in both the undergraduate and graduate 2012 rankings are Babson College, the University of Southern California, Washington University in St. Louis, Arizona, Oklahoma, Temple, the University of Missouri-Kansas City, Utah, DePaul, Maryland, and North Carolina. To view the rankings, go to www.entrepreneur.com/topcolleges or check out the October issue of Entrepreneur.
TFCU car show wins award
Tinker Federal Credit Union has received Children's Miracle Network's Fundraising Event of the Year award for the 11th Annual TFCU Miracle Car Show. The event raised $23,595.14, which included a $10,000 Miracle Match from CO-OP Financial Services, for Children's Miracle Network Hospitals. Funds were raised through car registration fees, raffles, concessions, and sponsorships. Free for spectators and open to the public, the event featured 147 vehicles in 18 categories. It has been held at Tinker Federal Credit Union's corporate offices since 2001. At the awards luncheon, Oklahoma's Credit Unions for Kids was recognized as the Children's Miracle Network's Sponsor of the Year with the Jean Gumerson Founder's award. Tinker Federal Credit Union collaborates with credit unions from across the state each year to support Children's Miracle Network. Since 1997, Credit Unions for Kids has raised $1.9 million for Children's Miracle Network Hospitals in Oklahoma. Children's Miracle Network funds children's medical research and works to enhance children's lives in Oklahoma. All of the money raised stays in Oklahoma and benefits Children's Hospital Foundation.
Venture Foods wins honor
FORT WORTH, Texas — Ventura Foods, provider of oils, soup bases and dressings, recently was named supplier of the year by Ben E. Keith Foods, the nation's eighth largest broadline food service distributor. Category winners are Combs Produce, produce; McCain's USA and Rich Products, frozen foods; Tyson Foods and Wayne's Farms, Center of the Plate; Ventura Foods LLC and McCormick & Co. Inc., grocery; Georgia Pacific, nonfoods; and The Vollrath Company, equipment and supply.
From staff reports