Weeden & Co. Analyst Joins Chesapeake Board
Charles T. Maxwell has been elected to Chesapeake Energy's board of directors for a term expiring in 2003.
Maxwell is the senior energy analyst at Weeden & Co., an institutional research and brokerage firm in Greenwich, Conn. He is the author of more than 1,000 publications related to oil and natural gas issues and has been a frequent energy commentator on numerous television programs, including Wall Street Week and similar business programs on CNBC, CNN, ABC, and Bloomberg TV.
He is a 1953 graduate of Princeton University.
Entering the oil and natural gas industry in 1957, Maxwell worked for Mobil Oil for 11 years in the United States, Europe and Africa. In 1968, Maxwell joined C. J. Lawrence, an institutional research and brokerage firm, as an international oil analyst. He rose to the position of managing director of C.J. Lawrence/Morgan Grenfell and retired from the firm in 1997, several years after it was acquired by Deutsche Bank. In 1999, Maxwell returned to energy industry analysis when he joined Weeden and Co.
Maxwell's appointment increases the size of Chesapeake's board to seven. Management is represented by Aubrey K. McClendon and Tom L. Ward, the company's co-founders. The other four members are Edgar F. Heizer Jr. of Chicago, Breene M. Kerr of Easton, Md., Shannon T. Self of Oklahoma City and Frederick B. Whittemore of New York City.
Gasoline prices rise
Self-serve regular in Oklahoma on Tuesday was averaging $1.314 per gallon, up 1.4 cents from Aug. 17 but down 28.3 cents from a year earlier, according to AAA Oklahoma.
Oklahoma City and Tulsa prices have been on the upswing, with some areas of Oklahoma City reporting increases on Monday and Tuesday of 7 and 8 cents per gallon, bringing the citywide average to $1.29 per gallon. Tulsa was averaging $1.303 on Tuesday, up 3.8 cents since Sept. 5.
The nationwide average price of self-serve regular gasoline rose 0.8 cent per gallon since mid-August, from $1.40 to $1.408 per gallon, AAA said Tuesday.
The modest increase in the nationwide average gasoline price continues a six-month trend of fuel price stability begun last April, when the nationwide average gasoline price was $1.552 per gallon.
News that Iraq has agreed to "unconditional" arms inspections by the United Nations has dropped the price of crude oil by nearly $1 to approximately $28 per barrel.
OPEC is scheduled to meet Thursday to discuss price and production levels. A decision to boost output is widely expected, according to AAA.
Express ranks in top 15
Oklahoma City-based Express Personnel Services was ranked among the top 15 staffing firms in the nation by Staffing Industry Analysts Inc.
The rankings were based on U.S. sales in 2001. The top 15 staffing firms combined for 28 percent of the market share, according to the report. Express was one of five private firms in the top 15.
"Because we choose to remain a privately held firm, we are not as large as some of our competitors," said Robert A. Funk, Express founder and CEO. "However, we believe it has allowed us to give better, more personalized service to our associates and clients."
Express had sales of $781 million in 2001.
Energy Advocate Awards
Energy Advocate of the Year Awards will be presented at the 10th annual International Energy Policy Conference on Oct. 24-25 in Oklahoma City.
The awards will be presented to Mike Oxley, president, of Tulsa- based Oxley Petroleum, individual award; Schlumberger, corporate award; L.O. "Lew" Ward, Enid, lifetime achievement; and Great Britain, the international award.
Speakers at the conference will include Ambassador Jeane Kirkpatrick, Henry McLeish, former first minister of Scotland; Marianne S. Kah, senior chief economist for ConocoPhillips; Rita Bajura, director of the National Energy Technology Laboratory/U.S. Department of Defense; Bob Sullivan, Oklahoma secretary of energy; Bruce H. Stover, senior vice president, Anadarko Petroleum; and Oxley.
Hosts for the conference are the Society of Energy Advocates, Sarkeys Energy Center/University of Oklahoma and The State Chamber.
For more information, call 715-1917.
Syntroleum names president
Jack Holmes Jr. will become president and chief operating officer of Syntroleum on Oct. 1.
Holmes will assume the role of president from Kenneth Agee, who remains Tulsa-based Syntroleum's chairman and CEO.
Syntroleum also announced the promotions of Kenneth R. Roberts to vice president, finance, planning and administration and chief financial officer; Carla S. Covey to vice president, finance and corporate controller; David Hardwicke to vice president, general counsel and corporate secretary; and Jeff Bigger to vice president, engineering.
"Syntroleum's gas-to-liquids technology gives it a compelling strategic advantage in a market that is demanding new and better solutions to critical problems," Holmes said.
Holmes, 55, was chief operating officer of El Paso Merchant Energy in Houston, a division of El Paso Corp. Holmes also was president of El Paso Production Co. and president and chief operating officer with Zilkha Energy.
"The creation of this new management team represents a second step in our efforts to refocus and re-energize Syntroleum," Agee said.
Roberts, 51, has been with Syntroleum for five years. He was chief financial officer for the Caspian Pipeline Consortium in Moscow and senior project finance consultant for Oman Oil Co.'s India refinery project development team in Houston. Roberts also served 12 years with Arco Oil and Gas. He is a graduate of the University of Texas at Austin.
Covey, 30, reports to Roberts. Covey joined Syntroleum in 1997. Covey is a graduate of Drury University in Springfield, Mo., and has a master's degree in management from Southern Nazarene University in Bethany.
Hardwicke, 50, joins Syntroleum from ChevronPhillips Chemical Co. in Houston, where he was commercial counsel. He also was a senior attorney for Phillips Petroleum in Bartlesville. Hardwicke started his legal career as an assistant district attorney in Oklahoma City and has his law degree from the University of Oklahoma College of Law.
Bigger, 48, was Syntroleum's business development manager. He was Arco's gas-to-liquids technology manager. He is a graduate of the Illinois Institute of Technology.
University of Phoenix
Troy Thomas has been named business development specialist and April Appleton has been named enrollment counselor for the University of Phoenix's Oklahoma City campus.
Thomas will increase and maintain a positive awareness of the university, develop opportunities that will result in lead generation for enrollment counselors and participate in campus functions as it relates to students, businesses or other potential customers.
Thomas is a graduate of Oklahoma State University and has a master of business administration from the University of Phoenix. He joined the school in 1999. Thomas was an account executive at New Horizons Computer Learning Center in Oklahoma City.
Appleton's responsibilities include implementing marketing strategies to attract students, advising students and potential students in the areas of admissions, degree options, requirements and progress, and providing information on university policy, practices and rules.
Appleton is pursuing a bachelor of science degree from the University of Phoenix, Oklahoma City. She was a Naval Reserve recruiter for the U.S. Navy.
The State Historic Preservation Office is seeking nominations for the 2003 Shirk Memorial Award for Historic Preservation and for the State Historic Preservation Officer's Citation of Merit, it was announced by Deputy State Historic Preservation Officer Melvena Heisch.
The Shirk Award is presented to an individual, organization or firm that has made statewide contributions to the preservation of Oklahoma's historic properties, said Heisch. A few Shirk Award recipients have included the Oklahoma Main Street Program, the Oklahoma Archeological Survey, Southwestern Bell, and first lady Cathy Keating.
The State Historic Preservation Office's Citation of Merit is presented in recognition of special contributions of individuals, organizations and firms that support historic preservation efforts in their local communities or across the state.
Criteria for the awards and nomination forms can be acquired by contacting Shea Otley at 521-6249 or sjotley…
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information: Article title: Weeden & Co. Analyst Joins Chesapeake Board. Contributors: Not available. Newspaper title: THE JOURNAL RECORD. Publication date: September 18, 2002. Page number: Not available. © 2009 THE JOURNAL RECORD. Provided by ProQuest LLC. All Rights Reserved.
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