Oklahoma business briefs

Oklahoma business briefs for Aug. 8, 2014
Oklahoman Published: August 8, 2014
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Oklahoma briefs

Apco selects new chairman

Apco Oil and Gas International Inc. has named Rick Muncrief as its new chairman, the company announced this week. Muncrief, 55, succeeds James J. Bender, who has retired. Muncrief also is CEO of WPX Energy, which owns a 69 percent controlling interest in Apco. Apco’s other management, led by CEO Bryan K. Gunderian, will not change. “Orderly transitions at Apco have ensured the continuity of our focus and the successful execution of our drilling and development plans,” said Keith E. Bailey, who is chairman of the Apco board’s nominating committee. “We’re pleased to welcome Rick as our next chairman. He’s action-oriented, is a high-character, high-caliber leader and is someone who understands the fundamentals of our sector.”

Muddy Boggy credits released

Mitigation Solutions USA is offering more than 250 additional species credits in central and eastern Oklahoma after completing habitat enhancement activities. It is the company’s second release of Muddy Boggy Conservation Bank credits in Oklahoma. Muddy Boggy is home to the American burying beetle, a species listed as critically endangered by the U.S. Fish and Wildlife Service. It services unavoidable impacts due to development activities in the beetle’s range, which covers most of eastern Oklahoma.

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