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Oklahoma tornadoes: Oklahoma energy companies contribute millions to relief efforts

Several of Oklahoma's largest energy companies have pledged more than $7.5 million to aid in disaster relief efforts after deadly tornadoes struck the state.
BY JAY F. MARKS jmarks@opubco.com Published: May 22, 2013
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Some of Oklahoma's largest energy companies are digging deep to aid in recovery efforts after this week's deadly tornadoes.

Chesapeake Energy Corp., Devon Energy Corp., Continental Resources Inc., ONEOK Inc. and OGE Energy Corp. have pledged more than $7 million so far.


Devon and Continental announced Tuesday each has committed $2.5 million toward relief efforts.

Continental will give $1 million to the American Red Cross and up to $1.5 million as community needs are assessed.

The company also has placed a donations link on its website, clr.com, so vendors, investors and others can contribute to the Red Cross' relief efforts.

“We're standing together with other Oklahomans affected by this tragedy. This is our home,” CEO Harold Hamm said.

Chesapeake pledged $1 million Monday night to the Red Cross, while promising to lend its employees and equipment to the relief effort.

Tulsa-based ONEOK's contribution consists of $750,000 to relief organizations and $250,000 to the ONE Trust, a charitable organization that helps company employees in times of personal crisis. Employees, retirees and directors who contribute to the trust fund will have their donations matched on a two-for-one basis.

The OGE Energy Corp. Foundation said it will commit $500,000 to relief efforts after a deadly tornado struck Moore on Monday afternoon.

SandRidge Energy Inc. is donating items for relief workers and working to identify volunteer opportunities while also providing funding to relief organizations, spokesman Greg Dewey said.

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