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Oklahoma business briefs

Oklahoma business briefs for June 14, 2014
Oklahoman Published: June 14, 2014


Federal funds for energy available

Oklahoma has about $17 million in federal funds available this summer to help low-income households pay their cooling bills. The Oklahoma Department of Human Services, which administers the federal Low-Income Home Energy Assistance Program, will begin taking applications for cooling assistance funds July 8. The agency will distribute funds until Oklahoma’s allotment is depleted. Households may receive up to $250.

Seventy Seven adds to executive team

A veteran Halliburton executive has been tabbed to serve as chief operating officer at oil-field services company Seventy Seven Energy, which will spin off from Chesapeake Energy Corp. next month. Karl Blanchard has been with Houston-based Halliburton since 1981. He most recently served as the company’s vice president of production enhancement. “Karl is a great addition to the existing management team at Seventy Seven Energy,” CEO Jerry Winchester said. “With his extensive background in the oil-field services industry, Karl is a perfect fit as we become a stand-alone company.”

From Staff Reports