Newspaper article THE JOURNAL RECORD

Tide West Plans $14 Million Purchase of Interests

Newspaper article THE JOURNAL RECORD

Tide West Plans $14 Million Purchase of Interests

Article excerpt

TULSA _ Tide West Oil Co. has agreed to purchase oil and gas interests in four separate transactions for a total of $14 million, the Tulsa-based company announced Tuesday. The interests are in 95 wells located in Oklahoma, Texas and New Mexico. The proved reserves from these operated wells are estimated to be approximately 20 billion cubic feet of gas equivalent. Tide West said the closing of these purchases is expected to occur prior to mid-July. Johnson Named to Corporation Commission Post

The Oklahoma Corporation Commission has named Ernest G. Johnson as its permanent public utility director, according to Jay T. Edwards, the commission's general administrator. Johnson's appointment completes a program of hiring permanent directors for all Corporation Commission divisions. Since becoming general administrator last November, Edwards has appointed permanent directors for five divisions that had been managed by acting directors.

"Permanent leadership provides stability for improving and upgrading our services for all who have contact with this agency," Edwards said.

Johnson, who has served as acting director since February 1993, joined the commission as a public utility attorney in December 1986. Prior to that, Johnson worked as an attorney for Legal Aid of Western Oklahoma. He was also an attorney for the United Auto Workers-General Motors Legal Services Plan, providing consumer law services for members of the Oklahoma City General Motors local of the auto workers group.

Johnson serves on the strategic issues subcommittee of the National Association of Regulatory Utility Commissioners. He is a member of the Oklahoma Bar Association and the Oklahoma Black Lawyers Association. Coachman Unit to Open Store in Virgin Islands

A unit of Coachman Inc. of Oklahoma City plans to open a store in the Virgin Islands, it was announced Monday. …

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