Tuesday, April 21, 2015 journalrecord.com $1.00 • Vol. 120, No. 78 • Two Sections

What’s News State seismologist pins Fault lines quakes on disposal wells Bill would report lottery winners to SoonerCare BY SARAH TERRY-COBO The Oklahoma Lottery Com- THE JOURNAL RECORD mission could soon begin re- porting some winners to the NORMAN – Oil and gas waste- Oklahoma Health Care Au- water disposal wells are very thority as part of an effort to likely triggering the majority of reduce fraud and abuse of the earthquakes in northern and state’s Medicaid system. p3 central Oklahoma, said Austin Holland, state seismologist. Native Boutique co- However, due to the large owner sues wife, partner number of disposal wells and over clothing stores’ fi- earthquakes in that region, it’s nances Judge Rebecca B. difficult for scientists to prove Nightingale will consider a that a specific disposal well has temporary restraining order caused particular seismic Wednesday against Native swarms, according to a state- Boutique co-owner Michelle ment by the Oklahoma Geolog- L. Owens. The Tulsa County ical Survey obtained by The District Court hearing also Journal Record. may weigh arguments for Other scientists have naming a receiver over that pointed to the likely correlation Utica Square retailer. p7 between the Sooner State’s ex- ponential temblor increases. Orchids Paper an- The OGS statement represents nounces $110M plant Or- an evolution of scientific un- chids Paper Products Co. derstanding, Holland said. At intends to boost its produc- the end of 2014, the earthquake tion capacity by more than 50 percent with construc- See FAULT, PAGE 22 Austin Holland, state seismologist. FILE PHOTO BY BRENT FUCHS tion of a $110 million-plus plant in Barnwell, South Carolina. p12

Oil-field service com- pany sues Sand Springs City officials worry gun ruling could kill festivals business An oil-field serv- ice company filed a lawsuit BY BRIAN BRUS not be prohibited, because that would vio- events permit and pays the fees,” Knighton in Tulsa County District THE JOURNAL RECORD late state law and infringe on constitu- said. “They organize the talent and do all Court against a Sand Springs tional rights. the work. The part of the ruling that says company in an equipment NORMAN – City officials are concerned The ruling creates a bigger issue, Nor- the city cannot give (up) control to public dispute. p13 about the wider ramifications of a judge’s man Assistant City Attorney Rick areas is problematic, because that means ruling that keeps music festival organizers Knighton said, because it effectively now the city’s in control. from banning guns at the event. forces the municipality to play a manage- “And if we’re in control, that means Follow the news Cleveland County District Judge Thad ment role in events organized by private we’re potentially spending tax dollars for all day at Balkman’s decision on Friday favored the organizations. all the functions we require: security, journalrecord.com Oklahoma Second Amendment Associa- “These types of events are put on pri- tion’s position that licensed firearms could marily by the entity that gets the special See GUN, PAGE 22

CONTENTS People on the Move ...... 18A Briefs ...... 4A At Your Service ...... 19A Opinion ...... 6A Classified Marketplace ...... 21A Finance ...... 9A Innovators ...... 1B Focus on Leadership ...... 16A Public Notices ...... 2B 2A April 21, 2015 ■ The Journal Record ■ journalrecord.com

Polish for Park Avenue: Project 180 could renew retail options downtown

BY MOLLY M. FLEMING THE JOURNAL RECORD

OKLAHOMA CITY – Earlier this month, the city closed Park Avenue be- tween N. Robinson and N. Broadway av- enues to continue Project 180’s revitalization work. Weather permitting, the work is scheduled to be complete by early August. That hasn’t stopped the interest in growing the retail in the area, said Julie Kriegel, a broker with Wiggin Proper- ties. The company handles the leasing for about 1,900 square feet at 100 Park Ave. It also leases space in the 101 Park Avenue building. “There’s a lot of interest in the (100 Park Avenue building) and the location,” Kriegel said. “They’re not scared off by Project 180.” Project 180 seems to be the missing piece to developing Park Avenue, ac- cording to a the joint study by Down- town Works LLC and Kiku Obata & Co. that was commissioned by the Oklahoma City Economic Development Trust. The project is a collaboration between the municipal Planning Department, the Al- liance for Economic Development of Oklahoma City, the Greater Oklahoma City Chamber and Downtown Oklahoma City Inc. The study looked at the devel- Pedestrians walk by signs advertising space for lease on Park Avenue in downtown Oklahoma City. PHOTO BY BRENT FUCHS opment possibilities between Harvey Avenue and the Santa Fe Parking Garage. walks, landscaping, street lighting know it’s a temporary thing and the lo- have to come from the city’s general Throughout the study, the need for im- and benches, as well as new trash recep- cation is just too great.” fund. proved streetscapes was cited. tacles. The authors said Project 180 side- To get retailers to move to the area, Wiggin Property President Chuck “(Project 180) is a tremendous asset walks – being 10 to 15 feet wide – would Economic Development Program Man- Wiggin said he knows that retail can for Park Avenue,” the authors wrote. help attract foot traffic. The work will ager Brent Bryant said the Economic De- work on Park Avenue, referencing his “With continuing streetscape improve- also create a pedestrian plaza near Okla- velopment Trust would consider tenant BC Clark Jewelers. ments underway with (the project), Park homa Tower, at the corner of Park and offering incentives. “There have not been lots of retailers Avenue’s environment is poised to be- Harvey avenues. “I think we will take a serious look at flocking downtown,” Wiggin said. “I come something special.” This potential has kept people inter- (retail incentives) and consult with the think the consultant has it right that Once the east side is completed, the ested in the east side, Kriegel said. policymakers, including City Council, there’s untapped potential. We’ve all work will continue to Hudson Avenue, “Once Project 180’s done, the city is and see their interest in that option,” been used to thinking about downtown moving one block at a time. The com- looking at that as being the premier re- Bryant said. as historically quiet after hours. That’s pleted areas will have improved side- tail strip,” she said. “(Future tenants) Funds for a retail incentive would changing. It’s improved a lot.” Berkshire Hathaway unit buys 7 Tulsa-area newspapers

BY D. RAY TUTTLE with the website http://neo.neighbor THE JOURNAL RECORD news.com/, provided local news in the communities surrounding Tulsa, CPI TULSA – The media group that owns CEO Steve Trolinger wrote in a statement. the Tulsa World bought a daily paper and Trolinger was not available for fur- six weekly papers in the Tulsa area from ther comment. Community Publishers Inc. The pur- Masterson said the purchase will be chase becomes effective on May 1. mutually beneficial to all the newspapers The BH Media Group, a unit of and customers. Omaha, Nebraska-based Berkshire “We think that the synergies be- Hathaway Co., made the announce- tween the Tulsa World, the weeklies and ment Monday. Financial terms were daily will help us improve the product,” not disclosed. Masterson said. “We believe in local BH Media acquired the daily Tulsa journalism and are committed to local Business and Legal News and weekly pa- journalism.” pers the Broken Arrow Ledger, Sand The offices of the Broken Arrow Ledger at 524 S. Main St. in Broken Arrow. PHOTO BY RIP STELL In a statement, BH Media Group Springs Leader, Coweta American, Wag- CEO Terry Kroeger said the company oner Tribune, Owasso Reporter and The “I do not know who approached us, There are about 35 employees at the looks forward to the opportunity to con- Skiatook Journal. but someone approached us,” he said. “We CPI papers, Masterson said. The addi- tinue the tradition of community- Bentonville, Arkansas-based Com- do not, historically, approach anyone.” tional employees will push total employ- minded journalism that the Community munity Publishers placed the assets on Dirks, Van Essen & Murray repre- ment to more than 400 at the World, Publishers team demonstrated. the market, said Bill Masterson Jr., Tulsa sented CPI in the transaction, according Masterson said. BH Media Group now owns 30 daily World publisher. to a statement by BH Media. Community Publishers Inc., founded and weekly newspapers and related “They have been on the market for No changes are expected at the in May 1982, purchased 19 northeast weekly newspapers in Oklahoma, Ne- some time,” Masterson said. newly acquired papers. Oklahoma publications in December braska, Texas, Iowa, Virginia, North Car- In fact, CPI approached BH Media, “There are no plans to discontinue 2005 from Retherford Publications. olina, South Carolina, Alabama, Florida Masterson said. anything,” Masterson said. The Oklahoma publications, together and New Jersey. journalrecord.com ■ The Journal Record ■ April 21, 2015 3A

Bill would report lottery Not cheating the system winners to SoonerCare

BY DALE DENWALT “I have not heard of any specific in- THE JOURNAL RECORD stance,” Melendez said. However, there are ways that the OKLAHOMA CITY – The Oklahoma OHCA can check to see if someone is Lottery Commission could soon begin lying or wrong about their income. reporting some winners to the Okla- “Our online eligibility system is homa Health Care Authority as part of very advanced,” she said. “We’re able to an effort to reduce fraud and abuse of the do those cross-checks with other state’s Medicaid system. agency databases so we can catch those Under the provisions of House Bill instances where someone is making 1619, the commission would notify the more money or receiving unemploy- OHCA when someone wins lottery ment that they might not have notified prize money. us about when they made their original “It’s to ensure people who are receiv- application.” ing SoonerCare benefits, that all their in- Alongside the state attorney gen- come was reported,” said the bill’s eral’s Medicaid Fraud Control Unit, the primary author, state Rep. David Derby, OHCA has an in-house review system to R-Owasso. look out for possible cases of waste, SoonerCare is the term used for the fraud and abuse. Medicaid benefits administration in “If it was something we felt was ex- Oklahoma. cessively fraudulent, then that may An amendment being offered by the trigger more of a look by our Medicaid bill’s Senate author would limit notifica- fraud unit,” Melendez said. “It would tions to wins of more than $1,000. The really just depend on how much of the bill has been placed on the floor agenda taxpayer dollars were fraudulently and can be heard this week. Lottery scratch-off tickets are on display at a Circle K in Edmond. PHOTO BY BRENT FUCHS used.” Derby said the Lottery Commis- This is the first time Derby has of- sion was not giving the OHCA infor- “If you earn $300,000, should we be pay- we’d have checks with other agency fered this legislation. He said there is no mation on who won lottery prizes. It’s ing for your health care? No.” databases, and that’s when an applicant way to know how many people have won important, he said, to check if their Jennie Melendez, a spokeswoman is applying for SoonerCare, or if it’s a re- lottery prizes that made them ineligible income would still qualify them for for the OHCA, said there are ways to newal,” Melendez said. for benefits. benefits. check on a person who receives Medi- There does not appear to be any data “It’s not been historically dissemi- “Part of their income that was falling caid benefits. on Oklahoma lottery winners who are on nated, so I don’t know the answer,” he through the cracks was lottery,” he said. “There’s usually two instances where Medicaid. said. “It just made sense to me.” Ex-justice official says bombing showcased security, liberty

BY TIM TALLEY tioned limits that had been placed on the ASSOCIATED PRESS FBI and national security agencies to monitor suspected terrorists, she said. OKLAHOMA CITY – Threats posed by Legislation strengthening security terrorist attacks like the Oklahoma City controls, including the Patriot Act that bombing force Americans to question authorized roving wiretaps, searches of the balance between security and civil business records and surveillance of in- liberties, a former Department of Justice dividuals suspected of terrorist-related official said Monday. activities, has been criticized as too inva- “When we’re afraid, we constrain sive and constraining of civil liberties. civil liberties,” said Jamie Gorelick, a for- “Have we given the government too mer U.S. deputy attorney general who much power?” Gorelick said. “It’s so im- was involved in the investigation of the portant that we have an inclusive society, 1995 bombing of the Alfred P. Murrah one in which we listen to one another.” Federal Building and helped assemble While preparing for the trials of the prosecution. When those fears abate, McVeigh and Nichols, U.S. Department the constraints are loosened, she said. of Justice officials wanted to counter Gorelick made the comments during critics who thought of federal law en- a ceremony where judges, prosecutors forcement officials as tyrants, she said. and defense attorneys who took part in “We wanted the American people to the trials of bombing conspirators Tim- see us as we saw ourselves, people who othy McVeigh and Terry Nichols were cared about civil rights and civil liber- honored with the Oklahoma City Na- ties,” she said. tional Memorial & Museum’s 2015 Re- McVeigh was convicted on federal flections of Hope award. Oklahoma Supreme Court Justice Steven Taylor, left, accepts his Reflections of Hope murder and conspiracy charges in 1997 More than 40 current and former medallion from Susan Winchester, right, chairwoman of the Oklahoma City National Me- and executed in 2001. Nichols was con- federal and state judicial officials were morial Foundation. AP PHOTO/SUE OGROCKI victed on federal and state bombing-re- recognized during the ceremony. Those lated charges and is serving multiple life present included Stephen Jones, lead de- In the 1950s, Gorelick said, commu- from the civil rights and anti-war move- sentences in a federal prison. fense attorney for McVeigh; former nism was deemed to be a threat to ments, but surveillance tactics became A $25,000 prize that accompanies Oklahoma City U.S. Attorney Patrick America’s domestic security and efforts more frightening than the security con- the award will be used to establish an en- Ryan, who was part of the prosecution were made to stop its spread, but those cerns, she said. dowment for the director of the Judge team; and Oklahoma Supreme Court tactics were criticized over time. In the And after the April 19, 1995, Okla- Alfred P. Murrah Center for Homeland Justice Steven Taylor, who as a district 1960s and 1970s, security agencies be- homa City bombing and the Sept. 11, Security Law & Policy at the Oklahoma judge presided over Nichols’ state trial. came worried about potential threats 2001, terror attacks, Americans ques- City University School of Law.

Two weeks FREE! Try THE JOURNAL RECORD Today. Call 405.278.2800 or go to journalrecord.com 4A April 21, 2015 ■ The Journal Record ■ journalrecord.com Briefs DEFINITELY NOT JOAN Commemorating the 20th anniversary Sculpture to honor Belt A dedication ceremony is scheduled at 4 p.m. Thursday for a new sculpture of John Lampton Belt, who died in 2013. The Paseo Arts Association and the Oklahoma City Community Foundation are hosts for the dedication ceremony. The sculpture, Flamenco, was created by Jonathan W. Hils of Norman and is in the Paseo Arts District at the intersection of Paseo Drive and NW 29th Street. Hils, an associate professor of sculpture at the Uni- versity of Oklahoma, will join Oklahoma City Mayor Mick Cornett, Oklahoma City Community Foundation President Nancy B. Anthony and Belt’s widow, Joy Reed Belt, at the dedication ceremony. Belt was an attorney who is credited with developing the Paseo Arts District. Bitsche to be awarded Ray Bitsche joined Sunbeam Family Services in 1999 and retired as CEO last year. This year, Sunbeam will present Former President Bill Clinton, left, holds the hand of former state Rep. Susan Winchester, right, the chairwoman of the Okla- him with the first Aspire Award. homa City National Memorial Foundation, during the ceremony for the 20th anniversary of the Oklahoma City bombing at the The Aspire Award will be presented at Oklahoma City National Memorial in Oklahoma City on Sunday. Winchester’s sister Dr. Peggy Clark died in the bombing. Sunbeam’s inaugural fundraising event, AP PHOTO/SUE OGROCKI Shine, on April 30 at the Oklahoma City Civic Center Hall of Mirrors. Tickets are available at www.shineokc.org. Federal funds issued $17,830 for the Muskogee Housing director and deputy director of the The nonprofit’s new CEO, Jim Priest, Authority. The Oklahoma Housing Memorial Institute for the Prevention said they didn’t need to think long about for veterans housing Authority was awarded two vouch- of Terrorism and major gifts officer who the first recipient should be. OKLAHOMA CITY – The U.S. De- ers – one for $88,201 for Oklahoma for financial development with Amer- “We wanted to create a way to publicly partment of Housing and Urban De- City and another for $33,075 for ican Red Cross. – Staff report recognize those who make a difference in velopment and the U.S. Department southern Oklahoma. – Staff report our community and continuously strive to of Veterans Affairs awarded $364,335 spread Sunbeam’s mission,” Priest said. Tulsa-area home to help homeless veterans in Okla- “Ray Bitsche is the epitome of that defini- Pratt joins Rose homa find homes. sales increase tion. He worked tirelessly the last 15-and- The rental assistance was provided State College TULSA – Closed home sales in the a-half years to lead and grow Sunbeam through the HUD-Veterans Affairs MIDWEST CITY – Tamara Pratt Tulsa area totaled 1,161 in March, up into what it is today.” Supportive Housing Program, which has joined Rose 8.9 percent from 1,066 for March Founded in 1907, Sunbeam Family combines rental assistance from HUD State College as 2014. Services is Oklahoma City’s oldest non- with case management and clinical associate vice The average sales price in March profit social service agency. services provided by VA. president for was $168,123, up from $160,959 a year Opera premieres The awards for Oklahoma were strategic commu- earlier, according to the Greater Tulsa part of a national announcement of nication and mar- Association of Realtors. The Oklahoma City Museum of Art will $65 million to help homeless veterans. keting. The average percentage of list present the world premiere of a new The Oklahoma awards included Pratt was a re- price to selling price in March was opera, Ascription. $59,386 for the Oklahoma City porter for KWTV- 96.5 percent. Performances are scheduled at 7 p.m. Housing Authority, $165,863 for the Channel 9, and 8 p.m. May 7. Tickets are $10 for mem- Tulsa Housing Authority and communications Tamara Pratt See BRIEFS, PAGE 5 bers and $15 for nonmembers. The interactive performance, inspired by the life of art forger Mark Landis, Mail subscription prices are $189 per year. Newsstand price is takes place inside the exhibition Intent to THE JOURNAL RECORD $1 per copy. To subscribe, call (800) 451-9998. Published daily except for Saturday, Sunday and major Letters to the Editor Deceive: Fakes and Forgeries in the Art Corporate Tower holidays by The Journal Record, 101 N. Robinson, Suite 101, The Journal Record welcomes original, signed let- World. Conceived as a series of short vi- 101 N. Robinson, Suite 101 Oklahoma City, OK 73102-9020, with an extra issue in De- gnettes, the opera features singers and ters of up to 200 words on any public issue. Oklahoma City, OK 73102 cember. Periodicals postage paid at Oklahoma City, OK, Longer submissions focusing on business topics with additional entry in Tulsa, OK. musicians who are mixed in with and 405.235.3100 may be considered for a guest column. Letters may www.journalrecord.com emerge from the crowd. POSTMASTER: Send address changes to be edited for length, style and content. Submissions A question-and-answer session Subscription Services, must be addressed to The Journal Record and in- Tulsa Bureau 10 Milk Street Ste 1000, Boston, MA 02108. clude your name, address and daytime telephone with the composer, Eric Lindsay, and li- 918.295.0098 number for verification. Letters submitted become brettist, Tracy Truels will follow each The Journal Record (ISSN 0737-5468) takes great care to pub- the property of The Journal Record, which retains performance. Capitol Bureau lish all suits, judgments, documents of record and other informa- all rights on if, when or how a submission is pub- 2300 N. Lincoln Blvd., Room 431 tion. These are not published to affect the credit or standing of the lished. Submit letters by one of three ways. E-mail: Oklahoma City, OK 73105 parties named. The publisher shall not be liable for errors in an [email protected]. Fax: (405) 278- David Page and Ted Streuli are filling in advertisement including public notices. If there is an error for 405.524.7777 2890. U.S. mail: Perspectives, c/o The Journal for Joan Gilmore, who is taking some time which the publisher assumes responsibility, that responsibility Record, P.O. Box 26370, Oklahoma City, OK shall be limited to a single republishing of the advertisement or 73126-0370. off from her column. public notice, or for a suitable adjustment on the billing not to ex- ceed the cost of more than one insertion. journalrecord.com ■ The Journal Record ■ April 21, 2015 5A Briefs

BRIEFS from page 4 Visiting the Field of Empty Chairs The report is for homes in the Tulsa Metropolitan Statistical Area. The Tulsa MSA includes seven counties: Tulsa, Creek, Osage, Rogers, Pawnee, Okmulgee and Wagoner. – Staff report

Breedlove to receive Reagan award OKLAHOMA CITY – The U.S. Depart- ment of Justice will present Suzanne Kay Breedlove the Ronald Reagan Public Policy Award for creating poli- cies for crime victims’ compensation in tribal communities. The award will be presented Tues- day during the National Crime Victims’ Rights Service Awards ceremony in Washington, D.C. Breedlove, who has worked for the Oklahoma District Attorneys’ Council since 1983, developed a new crime vic- tims’ compensation policy that in- cluded tribal cultural services, which has since been used as a model throughout the country. As the director of victims services, she serves as the ad- ministrator of the Oklahoma Crime Victims Compensation and Victim As- sistance Programs. – Staff report People move into the Field of Empty Chairs, where bombing victims are memorialized, after a ceremony for the 20th anniversary of the Oklahoma City bombing at the Oklahoma City National Memorial in Oklahoma City on Sunday. About 1,000 people gathered at Armbruster receives the former site of the Oklahoma City federal building to commemorate the 20th anniversary of the terrorist bombing there that regional award killed 168 people and injured many others. AP PHOTO/SUE OGROCKI OKLAHOMA CITY – Gary Arm- bruster, principal and architect for MA+ Architecture in Oklahoma City, control parts from its aircraft tear-downs The grant money will be used to im- Water reuse forums set with Nordam’s component repair. plement a new emergency child care was awarded the Cornerstone Award at NORMAN – Three educational out- – Staff report assistance program. The program will the Council of Edu- reach forums have been scheduled to offer an hour of emergency child care cational Facility provide information and get input for for every class credit hour at partnering Planners Interna- Lankford names Oklahoma’s water resource planning. tional Southern Re- metro-area certified child care centers. – Staff report The forums are scheduled from 6 gion Conference in press secretary p.m. to 8:30 p.m. Thursday, May 14 San Antonio. WASHINGTON – Aly Beley has been and June 18 at the National Weather The Cornerstone appointed as press secretary for Repub- Pesticide disposal Center, 100 David L. Boren Blvd., Award is presented lican U.S. Sen. James Lankford. Norman. to a regional mem- She was with the office of Susan set in Purcell The forums are being presented by ber for dedication Wagle, president of the Kansas Senate. PURCELL – The Oklahoma Depart- the Oklahoma Water Survey, faculty and commitment to Gary Armbruster Beley also served on the staffs of ment of Agriculture, Food and Forestry members at the University of Okla- the growth and Kansas Speaker of the House Michael will be collecting unwanted pesticides homa, and staff members with the overall success of the region. The O’Neal and Kansas state Treasurer Ron from 8 a.m. to 1 p.m. Wednesday at the Oklahoma Water Resources Board, CEFPI Southern Region includes Okla- Estes. She worked on the campaign of McClain County Fairgrounds in Purcell. Oklahoma Department of Environmen- homa, Texas, Arkansas and Louisiana. Kansas Gov. Sam Brownback. She is a The collection is open to anyone who tal Quality, city of Norman and Garver, Armbruster is Oklahoma governor graduate of the University of Kansas. uses pesticides, including homeowners, an engineering, planning and environ- for the Southern Region. – Staff report – Staff report farmers, ranchers, nurseries, green- mental services firm. houses, commercial and noncommer- There is no fee. Participants should Nordam to provide OSU-OKC awarded cial certified applicators and dealers. register at www.oklahomawater Herbicides, insecticides and fungicides survey.org. – Staff report flight control systems child care grant are allowed. TULSA – A partnership between Tulsa- OKLAHOMA CITY – The Women’s Unwanted pesticides become unus- based Nordam and GE Capital Aviation Foundation of Oklahoma awarded a able as originally intended for various Business networking Services Asset Management Services $5,000 Single Mothers Academic Re- reasons. They may be leftover pesti- breakfast set in Noble will provide airlines with flight control source Team, or SMART, grant to Okla- cides, no longer registered in the state NOBLE – Business 4 Breakfast, a free systems beginning July 1. homa State University-Oklahoma City of Oklahoma or lacking labels or means monthly networking event, is sched- The program begins with Airbus to expand educational opportunities for of identification. There is no cost for the uled from 8:15 a.m. to 9:30 a.m. April 28 A320 flight controls in Tulsa. It will ex- and assistance to single mothers. first 2,500 pounds of pesticides brought at the Noble Public Library, 204 N. pand to “Higher education is paramount to in by a participant. Liquid pesticide Fifth St., Noble. include ensuring economic security,” said weighs about 10 pounds per gallon. There is no registration fee. Registra- flight Brad Williams, OSU-OKC vice presi- This collection will take only pesti- tion is requested at www.reiwbc.org. controls dent of student services. “That’s why cides. No other hazardous waste will be Event partners for the breakfast are for other aircraft types, with a goal of we must find ways to support single accepted such as oil, paint or an- the Pioneer Library System, Oklahoma expanding the program to other air- parents, so that they don’t have to tifreeze. Dealers are asked to preregis- State University Cleveland County Ex- craft products. choose between parenting and going ter due to the potential of large tension, Noble Chamber of Commerce, Announced in 2014, the partnership to school to improve their lives and the quantities coming from multiple deal- and REI Women’s Business Center. combines GECAS’ inventory of flight lives of their family.” ers or multiple locations. – Staff report – Staff report 6A April 21, 2015 ■ The Journal Record ■ journalrecord.com Perspectives Editorial

Candid cameras, crisis of trust Luis Rodriguez, Moore, Feb. 14, 2014. Eric Garner, New York, July 17. John Crawford III, Beavercreek, Ohio, Aug. 5. Michael Brown, Ferguson, Missouri, Aug. 9. Eric Harris, Tulsa, April 2. It is a crisis of trust. One way society maintains trust in law enforcement, or any public body, is through the accountability inherent in an open government. The ability to keep an eye on how public servants are serv- ing the public has changed dramatically; there was a time when the circum- stances of a person’s death at the hands of police would have been known only by the recounting in the police report. Now, most people’s cellphones provide full-time access to a video camera that can be deployed in an instant. The editorial cartoon above does not necessarily reflect the views of The Journal Record. We believe in and facilitate a free exchange of ideas from both ends of the political spectrum. Law enforcement officers are now easily equipped with portable, auto- matic video recorders in their cars and on their uniforms. The recordings can quickly exonerate good officers who stand wrongly accused. Last year, state Sen. David Holt, R- Joe Oklahoma City, was instrumental in the passage of several open-government HIGHT OklahomaJOE bills, notably one that made dash-cam recordings a record indisputably avail- able to the public. That is as it should be, and the exceptions were reasonable. Smartphones shutter photo studio The bill was hailed by freedom-of-infor- mation advocates as a step to the side of Karen Moore could be considered a his graduation in 2010. Other ones the large tropical fish tank. That will accountability and the trust that goes survivor. feature a young woman named Eun- go to her granddaughter, Madison. with it. She survived a bone marrow trans- byeol, a toddler named Easton and As her husband of 55 years, Max, This year the Legislature started out plant more than 23 years ago when the Leon wedding in 2013. A back walked into the studio, she remem- the other direction, prompted in part by she had leukemia. She survived room is filled with props, including a bered the year in the late 1980s when law enforcement officials, including through the beginning of the digital worn kitty puppet used to garner chil- she took photos of two babies and a district attorneys. On first pass the bills age and even added her son, Mark, as dren’s attention. child she knew were ill, and it would were terrible, proposing a shopping list part of her photography business. Homes across the metro area, in- be their last photos. She then hesi- of exceptions to the law that, laid end- However, Karen Moore Studio in cluding my own, have framed photos tated before mentioning 1991 when to-end, could have stretched to Kala- Edmond will not survive the smart- of children and families either signed she was in the hospital for seven mazoo and back. The holes in the phone age. After 31 years, the business by Karen Moore or stenciled with weeks after her transplant. She was in cheese would have been so broad that a will be closing by May 1. “Karen Moore Studio” by her son. the isolation room where visitors had mouse could not have made a meal of “So many people don’t realize the Moore said she went to one home that to wear gowns, masks and gloves. She the remainder. difference between a professional was filled with her photos from the had planned her funeral and talked to The present version of House Bill photographer, and someone who time the children were babies to her minister. 1037 proposes a more reasonable stan- takes pictures. Everyone and their when they were high school seniors. However, she also remembered the dard. Everyone wants police and prose- dog have smartphones,” she said, ”It almost brings you to your knees many letters and cards, including one cutors to have the tools necessary to sitting on a sofa in her downtown to see that. It’s so humbling to think from an entire class at St. Elizabeth remove criminals from our midst. A studio. “What they don’t know is that I’ve made an impact in so many Ann Seton in Edmond. recording from a police body cam that about lighting, composition or other homes,” she said. “I’ve loved every “I never thought I was going to captures a conversation with a confi- techniques used by professional minute of being here – being a pho- die. I just believed I was going to get dential informant shouldn’t be avail- photographers.” tographer. I treasure all the people well,” she said, adding she “broke all able for the world to see. That’s not an When walking into her studio, you I’ve met.” sorts of records” such as getting out issue with a camera mounted in a pa- are taken back in time through the The 72-year-old will freelance for of the hospital much earlier than ex- trol car, but a body cam goes wherever photos. Large photos and photo dis- The Edmond Sun and take portraits pected and never having a fever. the officer goes. plays line the tan and brown walls. A when people call her. Her 42-year-old She survived then and seems The bill will end up in a conference pewter bowl is filled with 100s of son has taken a job in sales at a fork- confident she will survive through committee, but we are encouraged that postcards and cards announcing grad- lift company but will also freelance. the smartphone age, even without a it looks like it’s headed for a compro- uations, weddings and wishing others Her studio in the building she studio. mise that keeps the public’s business happy holidays. There’s Jade posing owns along Broadway Avenue will be public without hampering the chore of in 2011. Abby in 2014. Edmond Santa taken over by a shoe store called Head Joe Hight is a Pulitzer Prize-win- crime-fighting. Fe star Courtney Walker announcing Over Heels. She’s selling most of the ning and Oklahoma Journalism Hall of It is a step toward ending the crisis of her signing ceremony to Texas A&M display photographs and CDs to the Fame editor who is now president of trust. in 2011. A book on a coffee table is families who want them. Most every- his family-owned business Best of filled with photos of Zac announcing thing else will be sold, too, except for Books in Edmond. journalrecord.com ■ The Journal Record ■ April 21, 2015 7A

The Native Boutique location at Utica Square in Tulsa. PHOTO BY RIP STELL Legal entanglements Native Boutique co-owner sues wife, partner over clothing stores’ finances

BY KIRBY LEE DAVIS minimal statements received raised THE JOURNAL RECORD more concerns. “The bank statements provided by TULSA – Judge Rebecca B. Nightingale Mrs. Owens showed numerous trans- will consider a temporary restraining fers in and out of the account to and order Wednesday against Native Bou- from other bank accounts in whole dol- tique co-owner Michelle L. Owens. lar amounts, as well as transactions The Tulsa County District Court which strongly suggest use of the ac- hearing also may weigh arguments for count for nonbusiness related pur- naming a receiver over that Utica chases,” wrote Conner & Winters Square retailer. attorney P. Scott Hathaway, who pre- Pediatric dentist James F. Owens, pared the petition with Isaac R. Ellis. along with Native LLC and Rockin The plaintiffs also pointed to exam- Sooner Ranch LLC, requested the TRO ples where statements did not seem to last week to prevent Michelle Owens reflect business income and expenses. from damaging Native Boutique “At this point, it appears as though records or mishandling company funds. Mrs. Owens is using the business bank The Owens created the two limited account as a personal piggy bank from liability corporations in 2012 to own which to pay for her personal ex- their two Tulsa retail clothing stores. penses,” Hathaway wrote. Both became co-owners, with Michelle According to the lawsuit, James Owens managing daily operations. This Owens paid $22,758 to settle almost a continued as James Owens initiated di- year of back rent on Native Boutique’s vorce proceedings in May 2014, which south Tulsa location, shutting it down. remain before the Tulsa County court. The store allegedly owes more than His concerns over Native Boutique $5,000 on the Utica Square lease. operations rose later that year, accord- “Dr. Owens has already made sev- ing to the lawsuit, as the Broken Arrow eral payments to Utica Square to dentist learned the store had fallen sev- avoid litigation and will likely have to eral months behind in lease payments personally incur additional expense at both locations. going forward in order to avoid litiga- “I personally made several pay- tion,” Hathaway wrote. ments on that (Utica Square) lease be- Besides the TRO request, the plain- cause Michelle represented to me that tiffs seek immediate discovery for a per- there was insufficient revenue from the manent injunction hearing and naming business to do so,” James Owen said in a receiver to handle the business until an affidavit. the divorce case is settled. James Owens His wife could not be reached for also seeks an accounting of the opera- comment. tions, plus damages and other fees. Those lease concerns led to mul- “I have not received any income tiple financial records requests, ac- from the businesses since their incep- cording to the lawsuit. It said the tion,” Owens said in his affidavit.

subscribe.journalrecord.com 8A April 21, 2015 ■ The Journal Record ■ journalrecord.com THE JOURNAL RECORD INDEX

25 JR Index ADVANCERS NET GAINER NET LOSER PCT. GAINER PCT. LOSER DECLINERS Gulfport Paycom Panhandle Oil PostRock rises Energy Corp. Software Inc. and Gas Inc. Energy Corp. 14 Debt worries in Greece and new trad- +3.38 -1.66 +10.42% -9.07% ing regulations in China had investors running for the hills as the weekly ses- SOURCE: TRADE TRENDS INC., (509) 280-3896 sion ended Friday, but the Journal Ticker Price Price Net Pct YTD 52-wk 52-wk Shares Market ($000) Record Index logged a sturdy increase Exchange symbol Company name 04.17.2015 04.10.2015 chg chg chg high low outstanding capitalization for the week. Increases in consumer NASD AAON AAON Inc. 23.59 23.85 -0.26 -1.09% 5.36% 24.84 16.78 54060 1275275.4 NASD AEY ADDvantage Technologies Group Inc. 2.36 2.40 -0.04 -1.67% -3.28% 3.46 2.18 10040 23694.4 prices had Wall Street wondering if the NASD AHGP Alliance Holdings GP LP 51.63 51.92 -0.29 -0.56% -15.35% 74.00 48.25 59860 3090571.8 Fed will decide to raise interest rates NASD ARLP Alliance Resource Partners LP 32.75 33.75 -1.00 -2.96% -23.93% 53.84 31.13 74190 2429722.5 sooner rather than later. Financial regu- NASD BANF BancFirst Corp. 59.55 59.58 -0.03 -0.05% -6.06% 69.49 55.51 15500 923025 lators in China, concerned about the NASD BKEP Blueknight Energy Partners LP 8.28 7.92 0.36 4.55% 24.51% 9.50 5.48 32920 272577.6 rapid rise of markets there, warned that NASD BOKF BOK Financial Group 63.50 61.44 2.06 3.35% 5.76% 69.56 53.01 69110 4388485 borrowing might be tightened. Greece’s NYSE CHK Chesapeake Energy Co. 15.45 14.93 0.52 3.48% -21.05% 29.92 13.38 663320 10248294 persistent insolvency and possible de- NASD CCLP CSI Compressco LP 20.66 20.73 -0.07 -0.34% 57.35% 30.25 12.70 33140 684672.4 fault added to the choppy trading. NYSE CLR Continental Resources Inc. 51.53 49.96 1.57 3.14% 34.33% 80.91 30.06 369330 19031574.9 March’s homebuilding came in at a NYSE DVN Devon Energy Co. 65.92 64.86 1.06 1.63% 7.69% 80.63 51.76 411100 27099712 slower pace than a year ago, with the NASD EDUC Educational Development Corp. 4.21 4.39 -0.18 -4.10% -13.20% 6.00 3.55 4020 16924.2 Commerce Department reporting a 2.5- NYSE ENBL Enable Midstream Partners 17.03 17.24 -0.21 -1.22% -12.17% 27.46 15.87 422310 7191939.3 percent decline in new housing starts. NYSE ETP Energy Transfer Partners 54.82 55.44 -0.62 -1.12% -15.66% 69.66 53.12 357490 19597601.8 Although new unemployment claims NASD GPOR Gulfport Energy Corp. 50.77 47.39 3.38 7.13% 21.63% 75.36 35.00 85680 4349973.6 increased last week, overall claims are NYSE HP Helmerich & Payne Inc. 73.64 73.08 0.56 0.77% 9.23% 118.95 54.00 107640 7926609.6 at a 14-year low. Handmade goods com- NYSE LPI Laredo Petroleum Holdings Inc. 14.79 14.43 0.36 2.49% 42.90% 31.23 7.00 141480 2092489.2 pany Etsy soared in its debut on Wall NYSE LXU LSB Industries 41.02 40.50 0.52 1.28% 30.47% 42.91 28.91 22660 929513.2 Street, but company earnings continued NYSE MMP Magellan Midstream 80.72 80.21 0.51 0.64% -2.35% 90.08 66.36 227430 18358149.6 to burden traders. NASD MTRX Matrix Service Co. 22.44 20.33 2.11 10.38% 0.54% 38.71 17.27 26710 599372.4 “We saw selling overseas, and that NYSE NSLP New Source Energy Partners LP 5.33 4.91 0.42 8.55% -25.97% 28.13 4.36 18610 99191.3 spilled over into the U.S.,” said Adam NYSE OGE OGE Energy Corp. 32.67 32.07 0.60 1.87% -7.92% 39.28 30.82 199480 6517011.6 Sarhan, chief executive of Sarhan Capi- NYSE OGS One Gas Inc. 42.21 43.04 -0.83 -1.93% 2.40% 46.50 34.05 52590 2219823.9 tal in New York. “We’ve had a nice rally NYSE OKE Oneok Inc. 49.54 48.25 1.29 2.67% -0.50% 71.19 39.53 208400 10324136 over the last few weeks to the upper NYSE OKS Oneok Partners LP 42.57 42.28 0.29 0.69% 7.42% 59.67 36.67 253820 10805117.4 half of the trading range, and it’s mov- NYSE TIS Orchids Paper Products Co. 25.06 25.43 -0.37 -1.45% -13.91% 32.75 22.76 8760 219525.6 ing back over. It’s still too early to tell NYSE PHX Panhandle Oil and Gas Inc. 22.46 20.34 2.12 10.42% -3.52% 34.45 15.68 16510 370814.6 what earnings are going to be for the NYSE PAYC Paycom Software Inc. 30.11 31.77 -1.66 -5.23% 14.36% 35.86 12.28 53850 1621423.5 quarter, but there haven’t been that NASD PSTR PostRock Energy Corp. 4.71 5.18 -0.47 -9.07% 30.83% 16.30 1.02 6370 30002.7 many upside surprises. And that’s what NYSE RRMS Rose Rock Midstream LP 52.51 49.50 3.01 6.08% 15.53% 62.79 36.66 36790 1931842.9 we need to see.” NYSE SD SandRidge Energy Inc. 2.03 1.92 0.11 5.73% 11.54% 7.43 1.13 476260 966807.8 The Journal Record Index rose 20.01 NYSE SSE Seventy Seven Energy Inc. 4.96 4.56 0.40 8.77% -8.32% 27.17 0.02 51250 254200 points, or 1.72 percent, and closed at NASD SONC Sonic Corp. 30.45 31.85 -1.40 -4.40% 11.83% 36.73 18.61 52000 1583400 1,771.01. Advancing issues topped declin- NASD OKSB Southwest Bancorp Inc. 17.68 17.50 0.18 1.03% 1.84% 18.49 14.97 19040 336627.2 ing issues by a 25-to-14 count. NYSE WMB The Williams Companies Inc. 51.72 50.88 0.84 1.65% 15.09% 59.77 40.07 747900 38681388 Gulfport Energy rose $3.38, or 7.13 NYSE UNT Unit Corp. 31.87 29.31 2.56 8.73% -6.54% 70.36 24.76 49820 1587763.4 percent, after announcing and pricing NYSE WG Willbros Group Inc. 2.71 2.63 0.08 3.04% -56.78% 13.69 1.50 50880 137884.8 a public offering of 7.5 million shares. NYSE WPZ Williams Partners LP 51.01 48.58 2.43 5.00% 13.99% 62.95 44.87 362560 18494185.6 It will use the proceeds of the offering, NYSE WPX WPX Energy Inc. 13.36 12.93 0.43 3.33% 14.88% 26.79 10.01 203880 2723836.8 along with its current debt facility, to fund its pending purchase of Paloma Partners, to pay down debt and for ■ WALL STREET LAST WEEK AP general corporate purposes. Invest- ment firm Morgan Stanley upped its Dow Jones 19,000 industrials price target on GPOR to $54, from $52, 18,000 For the week ending while maintaining its equal-weight rat- THE JOURNAL DOW JONES Friday, April 17 17,000 ing. It closed at $50.77 and was the top RECORD INDEX INDUSTRIAL AVG. 16,000 April 17 ...... 1,771.01 April 17 . . . . . 17,826.30 -231.35 dollar gainer. 15,000 Sonic fell $1.40, or 1.03 percent, de- April 10 ...... 1,741.00 April 10 . . . . . 18,057.65 17,826.30 AAM JJASOND J FM

spite being initiated by Guggenheim +30.01 -231.35 5,500 Partners with a strong rating of buy. +1.72% -1.28% Nasdaq composite 5,000 Wunderlich Securities analyst Robert For the week ending Derrington reiterated his buy rating on Friday, April 17 4,500 SONC and kept his price target at $39. -64.16 4,000 Sonic ended at $30.45. 4,931.82 3,500 Rose Rock Midstream increased AAM JJASOND J FM $3.01, or 6.08 percent, last week. The S&P 500 NASDAQ 2,200 consensus price target on RRMS by the Standard & INDEX COMPOSITE Poor’s 500 2,100 eight brokerage firms that cover the April 17 ...... 2,081.18 April 17 ...... 4,931.81 For the week ending 2,000 stock is $56. It closed at $52.51. April 10 ...... 2,102.06 April 10 ...... 4,995.98 Friday, April 17 1,900 – Margot Crabtree -20.88 -64.17 -20.88 1,800 1,700 -0.99% -1.28% 2,081.18 AAM JJASOND J FM journalrecord.com ■ The Journal Record ■ April 21, 2015 9A FINANCE

Greg WOMACK The MARKETS Topsy-turvy world In the United States, during the last quarter of 2014, about 7 million (13 per- cent) of all mortgaged residential proper- ties were underwater, meaning the mortgage loan amount was at least 25 per- cent higher than the estimated market value of the property, according to Realty- Trac.com. That’s a significantly lower number than the 12.8 million that were underwater early in 2012. Regardless, it’s an unhappy situation for the homeowners who may wish they lived in Spain. Why Spain? Well, as has been men- tioned before, negative interest rates have Ed Fotta sorts hardwood at the Allegheny Millwork and Lumberyard in Pittsburgh. AP PHOTO/GENE J. PUSKAR been sweeping across Europe and affect- ing mortgage rates “In countries such as Spain, Portugal, and Italy, the base interest rate used for many loans, especially mortgages, is the Survey: U.S. businesses expect euro interbank offered rate or Euribor,” The Wall Street Journal reported. “Banks set in- terest rates on many loans as a small per- centage above or below a benchmark such sales rebound, more hiring as Euribor. As rates have declined, some- times to below zero, some banks have faced BY CHRISTOPHER S. RUGABER pears to be an outlier within the first quarter, similar to the percent- the paradox of paying interest to those who ASSOCIATED PRESS broader economic outlook,” said John age that did so in the previous four have borrowed money from them.” Silvia, chief economist at Wells Fargo. quarters. And 41 percent expect to In fact, at least one bank – the seventh WASHINGTON – U.S. businesses ex- Silvia is also president of the Na- hire more staff in the April-June largest in Spain – has been paying some of pect their sales will rebound in the tional Association for Business Eco- quarter, up modestly from 36 percent its mortgage holders’ interest! It just next three months after a sluggish nomics, which conducted the survey in January. deducts the interest amount from the first quarter, and they also plan to covering 77 companies in the second The survey did find some weak principal amount the borrower owes. It boost hiring and pay, according to a half of March. The companies sur- spots. Companies were much less may be safe to say European banks’ ex- survey released Monday. veyed represent a broad cross-section likely to step up spending on comput- penses have increased since, in addition to Just 49 percent of firms said their of industries – including manufactur- ers, industrial machinery, and com- paying interest on some loans they’ve is- sales increased in the first three ing, construction, finance, hotels and munications gear in the first quarter. sued, banks also have been compelled to months of the year from last year’s restaurants – with nearly half having Just 38 percent did so, down from 51 rebuild computer programs, update legal fourth quarter. That’s down from 54 more than 1,000 employees and a percent in January and the weakest documents and redo spreadsheets to ac- percent that reported higher sales in quarter having fewer than 10. showing in a year. count for negative rates. the last survey, in January. Another sign of confidence in the And the dollar’s rise in value has In addition to a confounding interest Yet companies are much more economic outlook: The percentage of harmed some companies. The dollar rate environment, Europe is also contend- bullish about the April-through-June firms that said they raised pay in the is up about 28 percent against the euro ing with issues related to Greek debt, quarter. Nearly three-quarters of January-March quarter soared to 45 in the past six months and 18 percent which triggered a sell-off in stock markets companies forecast higher sales over percent, up from 31 percent in January compared with Japan’s yen. That late last week. U.S. markets fared no bet- the next three months, up from 68 and 35 percent a year earlier. makes U.S. exports to Europe and ter. Major markets lost value last week on percent in January and just 54 per- And 46 percent plan to boost pay Japan more expensive, and also makes concerns about Greece leaving the euro, cent in October. in the second quarter, a sign that the profits earned from U.S. companies’ the potential for weaker-than-expected The results suggest that weak weakness in the first quarter hasn’t overseas operations worth less when earnings results, and new trading regula- growth in the first three months of the caused them to cut back on salaries. translated into dollars. tions in China. year may prove temporary. Harsh Still, the finding clashes with govern- Thirty percent of member com- This week, investors will keep a close winter weather, labor disputes at West ment measures of pay, which show panies said the stronger dollar has eye on proceedings in Europe as Greece Coast ports that slowed shipping and that average hourly earnings have hurt their business, while 62 percent continues to negotiate with its creditors, a jump in the value of the dollar likely risen just 2.1 percent in the past 12 said it had no effect. But among particularly during a key meeting at held economic growth to a 1-percent months. That’s the same sluggish pace manufacturing companies, two- week’s end. On the domestic front, reports annual pace, or below, from January that has persisted since the recession thirds said it had a negative effect. on existing and new home sales and or- through March. Yet most economists ended in 2009. Only 16 percent of services firms, ders for durable goods are on tap. expect growth to accelerate in the sec- There is little sign of a hiring which are much more focused on ond quarter. pullback either. Just over a third of the U.S. economy, said the dollar has Greg Womack is a local financial planner “Growth in the first quarter ap- firms said they added workers in the hurt their business. and president of Womack Investment Ad- visers Inc., www.womackadvisers.com. He can be reached at (405) 340-1717 or [email protected]. Comment online journalrecord.com 10A April 21, 2015 ■ The Journal Record ■ journalrecord.com FINANCE BRIEFS

CrossFirst names BancFirst has locations in more than ber for the Oklahoma Association of recently promoted to her current 50 communities across the state. Life Insurance Companies and the position. – Staff report OKC president – Staff report Oklahoma Life and Health Insurance OKLAHOMA CITY – CrossFirst Bank Guaranty Association in addition to Traigle promoted to has hired Steve Foskin as president of Arvest promotes Garcia state vice president of the American its Oklahoma City bank. Council of Life Insurance. He was sen- mortgage lender Foskin has 25 to VP, branch manager ior vice president and general counsel MIDWEST CITY – Arvest Bank has years of experience EDMOND – Arvest for C.L. Frates and Co. and First Life promoted Brittney in the financial Bank has promoted Assurance Co. Traigle to mort- services industry Jerry Garcia to Amini’s predecessor, Susan Dob- gage lender. and was senior vice vice president and bins, retired in March. – Staff report Her office will be president and man- branch manager. at Arvest’s Midwest ager, commercial He has been with City branch, 1900 S. banking at Bank of TFCU names manager Arvest for seven Douglas Blvd. Oklahoma. years. for new branch Traigle serves on Foskin spent the Garcia’s office is OKLAHOMA CITY – Tinker Federal the Choctaw Cham- early part of his ca- Steve Foskin at 1501 W. Edmond Credit Union recently named Erica ber of Commerce reer as a certified Rd. in Edmond. Jerry Garcia Grissom assistant vice president and board of directors. Brittney Traigle public accountant and founded an inde- – Staff report branch manager for its new branch of- – Staff report pendent insurance and financial serv- fice at 4101 SW 134th St. in Oklahoma ices agency in Oklahoma City. Foskin’s City. experience includes commercial bank- BOk presented Financial Thurman publishes Grissom has been with TFCU for 15 ing positions at First Fidelity Bank and Education Award years. She was assistant branch manager retirement book JP Morgan Chase. TULSA – Bank of Oklahoma was pre- of the Tinker Air Force Base branches. OKLAHOMA CITY – Randy L. Thur- Foskin is a graduate of the University sented the Innovation in Financial Edu- – Staff report man, founder and co-president of Re- of Central Oklahoma. – Staff report cation Award by Nasdaq and EverFi. tirement Investment Advisors in The award recognizes the bank’s ef- TFCU manager Oklahoma City, has written a book, The BancFirst selected for forts to improve the financial capability All-Weather Retirement Portfolio – Your of young Americans. Twenty-five finan- presented award post-retirement investment guide to a KBW honor roll cial institutions were presented the OKLAHOMA CITY – Kristy Viravong- worry-free income for life. OKLAHOMA CITY – BancFirst has award at a ceremony in New York. Portis, Tinker Federal Credit Union as- The book is ranked first in the Wealth been selected for the Keefe, Bruyette – Staff report sistant vice Management category on Amazon.com. and Woods Inc. 2014 Bank Honor Roll. president and man- – Staff report KBW is an investment bank that Amini named OID ager of community specializes in the financial services engagement, has CNA appoints sector. general counsel been awarded the BancFirst is one of 25 banks in the OKLAHOMA CITY – Gordon Amini 2015 Corporate Cox branch VP country to be named to the Bank Honor has been appointed general counsel of Leader of the Year OKLAHOMA CITY – CNA has ap- Roll this year. It is the third consecutive the Oklahoma Insurance Department. Award at the pointed John Cox as vice president of year for BancFirst to make the list. Amini held the same title when he Women of Color the Arkansas and Oklahoma branches. BancFirst is the only Oklahoma-based worked at the department in 1981. Expo & Festival in Cox has 30 years of experience in the bank on the 2014 list. Amini recently retired from Physi- Oklahoma City. Kristy insurance industry. He was vice president Honor Roll winners are publicly cian Liability Insurance Co. after nine Viravong-Portis Viravong-Portis of national accounts for the American In- traded banking institutions with more years as senior vice president and gen- joined TFCU as a business develop- ternational Group. Cox is a graduate of than $500 million in total assets. eral counsel. He served as board mem- ment representative in 2006. She was the University of Akron. – Staff report Volcker says U.S. bank oversight ineffective, seeks overhaul

BY MARCY GORDON posit Insurance Corp. for banks, and oversee different types of banks and fi- ASSOCIATED PRESS by the Securities and Exchange Com- nancial institutions. mission and the Commodity Futures Volcker, who served as Fed chair- WASHINGTON – Former Federal Re- Trading Commission for brokerage man from 1979 to 1987, headed Presi- serve Chairman Paul Volcker is calling firms, money market funds and fu- dent Barack Obama’s Economic for a reshaping of the U.S. financial tures dealers. Recovery Advisory Board during the oversight regime, which he says is The SEC, the primary regulator of crisis. He also advised lawmakers as splintered and ineffective. the securities markets, and the CFTC, they shaped the financial overhaul A public policy group led by Vol- which oversees futures and options package. His thinking was behind a pro- cker issued a report Monday on the markets and exchanges, would be vision in the law that became the Vol- regulation of banks and Wall Street. It merged together. cker Rule, which limits high-risk says the array of government agencies “Failure to reorganize the regulatory trading bets by big banks that could im- that oversee the financial system has structure will contribute to the buildup plode at taxpayers’ expense. changed little since the Depression- of systemic risk and make us more vul- The regulatory system was stitched era 1930s and can’t keep up with a nerable to the next financial crisis,” the together like a quilt over a century and fast-moving industry. It calls for a sim- report says. a half. After financial scandals or pler setup. Volcker and his colleagues acknowl- crises, the government patched the Under the Volcker Alliance’s rec- edge that changes shaking up the status system – often by adding a new office ommendations, the Federal Reserve quo don’t come easily. More than 25 – to improve oversight of problem would keep primary responsibility for such proposals have been advanced banks. financial stability. However, authority since World War II, without success, Critics like Volcker say the patch- shouldn’t be “overly concentrated” in the report notes. work system breeds “regulatory arbi- one agency, the group maintains. A The 2010 law enacted after the fi- trage,” allowing banks and other Former Federal Reserve Bank Chairman Paul new, independent Prudential Supervi- nancial crisis brought the most sweep- financial institutions to shop for the Volcker speaks during a meeting of the State sory Authority would assume the ing overhaul of consumer and finance regulator that will be the most lenient. Budget Crisis Task Force at the National Con- oversight functions now exercised by rules since the Depression. It left Turf fights among agencies, conflicting stitution Center in Philadelphia. the Fed, the Office of the Comptroller largely intact, however, the system of priorities and overlapping authorities AP PHOTO/MATT ROURKE of the Currency and the Federal De- regulation in which different agencies prevail, they say. journalrecord.com ■ The Journal Record ■ April 21, 2015 11A FINANCE

International Monetary and Financial Committee Chairman Agustin Carstens, accompa- nied by International Monetary Fund Managing Director Christine Lagarde, speaks dur- ing a news conference after the IMFC meeting at the World Bank-IMF annual meetings in Washington. AP PHOTO/JOSE LUIS MAGANA World finance leaders see threats for global economy

BY HARRY DUNPHY meetings. He said it was up to the Greek ASSOCIATED PRESS government to present credible, assess- able solutions to its economic problems. WASHINGTON – The world’s finan- “The solution to the Greek debt cri- cial leaders see a number of threats fac- sis is in Greece,” he said. ing a global economy still on an uneven The head of the IMF, Christine La- road to recovery with U.S. and Euro- garde, who had rejected suggestions pean officials worrying that Greece will that the IMF might delay Greek debt default on its debt. repayments, said she had constructive The finance ministers and central talks with Varoufakis and that the ob- bank governors ended three days of jective remained the same: to restore meetings in Washington determined to stability for Greek finances and assure work toward “a more robust, balanced an economic recovery. and job-rich economy” while admitting Greece is negotiating with the IMF there are risks in reaching that objec- and European authorities to receive tive, the steering committee of the In- the final 7.2 billion euro ($7.8 billion) ternational Monetary Fund said in its installment of its financial bailout. communique Saturday. Creditors are demanding that Greece Seeking to resolve Athens’ debt cri- produce a credible overhaul before re- sis, Greek Finance Minister Yanis Varo- leasing the money. ufakis held a series of talks with other The country has relied on interna- finance officials on the sidelines of the tional loans since 2010. Without more meetings. The focus now shifts to Riga, bailout money Greece could miss pay- Latvia, where European Union finance ments due to the IMF in May and run ministers meet next week. out of cash to pay salaries and pensions. The head of the European Central The negotiations over Greece’s debt Bank, Mario Draghi, said it was “urgent” have proved contentious, but all sides to resolve the current dispute between have expressed optimism that the dif- Greece and its creditors. He said that ferences can be resolved. while the international finance system A number of countries directed crit- had been strengthened since the 2008 icism toward the U.S. for the failure of crisis, a Greek default would still put the Congress to pass legislation needed to global economy into “unchartered wa- put into effect reforms that would ters” with its effect hard to estimate. boost the agency’s capacity to make Draghi told reporters he did not loans and increase the voting power of want to even contemplate the chance of such emerging economic powers as a Greek default on its debt. But French China, Brazil and India. Finance Minister Michel Sapin said he Agustin Carstens, the head of Mex- thought any damage would be confined ico’s central bank and chairman of the to Greece because eurozone countries IMF policy panel, said “pretty much all had established measures to protect of the members expressed deep disap- themselves from any spillover effects. pointment” that a failure of Congress Seeking to assure financial markets, to act is blocking implementation of which fluctuated considerably on Fri- the reforms. The IMF panel directed day over the possibility of a Greek de- IMF officials to explore whether in- fault, Sapin said nothing had changed terim solutions could be put in place on the issue as a result of the weekend until Congress acts. 12A April 21, 2015 ■ The Journal Record ■ journalrecord.com

Orchids Paper announces From pen to paper $110M plant, but stock falls

BY KIRBY LEE DAVIS THE JOURNAL RECORD

PRYOR – Orchids Paper Products Co. in- tends to boost its production capacity by more than 50 percent with construction of a $110 million-plus plant in Barnwell, South Carolina. Orchids will pay for it in part by of- fering 1.5 million new shares of stock, of- ficials said Monday. The Pryor manufacturer of private- label paper towels, bathroom tissue and napkins also announced a 35-percent rise in first-quarter net sales, a 53-per- cent drop in net income due to equip- ment installation in Pryor, and a 35-cent dividend. Orchids is riding a wave of strong consumer demand, according to data from the Private Label Manufacturers Association. Annual sales for such prod- The Orchids Paper Products Co. converting facility in Pryor. PHOTO BY RIP STELL ucts have increased $5.5 billion over the last three years, with 2014 total sales set- dent and CEO Jeff Schoen said in a news ing its 32,803 three-month daily aver- jumped to $37.4 million in the first quar- ting a new record at $115.3 billion. release. In June 2014, the company part- age. Trading volume totaled 248,787 ter from $27.8 million a year ago. A March report by the Nielsen Co. nered with Fabrica to extend its product shares, dwarfing its 32,803 three-month Orchids reported long-term debt of singled out paper products among the to the West Coast. Schoen said the Barn- average. The company trades under the $48.8 million at March 31. Net cash to- strongest in the private-label arena, well plant will take Orchids into East symbol TIS. taled $3.3 million. since consumers recognize little differ- Coast markets. Qian Zhang, investment manager Cash provided by operations rose to entiation between brands. Total cost for the South Carolina with Fredric E. Russell Investment Man- $5.6 million in the first quarter from $4.8 The 130-employee Barnwell plant plant was estimated from $110 million to agement Co. of Tulsa, pinned that decline million the prior year. Orchids said it in- would integrate paper-making and $127 million, with 40 percent of that ex- on the stock offering announcement. vested $10.9 million in cash through the paper-conversion systems, Orchids said pense coming this year. To cover much of “Investors usually do not like a com- latest quarter, primarily for capital ex- Monday. Its inventory would include a that cost, Orchids began the stock offer- pany to offer more shares because of the penditures, up from $1.8 million the paper machine, a recycling facility and ing Monday through an existing shelf dilution of the ownership,” she said. “It prior year. two converting lines. That would pro- registration statement. Jefferies LLC will means that for every dollar that the com- Schoen warned that a new convert- vide tissue paper-making capacity be- oversee the offering with co-managers pany earned will spread among a greater ing line at Orchids’ Pryor complex could tween 35,000 and 40,000 tons per year, Oppenheimer and Co. and Craig-Hallum number of shareholders.” bring some initial startup costs in the and converting capacity between 30,000 Capital Group. The underwriters have a For the three months ended March second and third quarters. But he pro- and 32,000 tons per year. 30-day option to buy up to 225,000 addi- 31, Orchids posted net income of $1.2 jected the line would also help the com- That compares to 56,000 tons per tional shares. million, or 14 cents per diluted share, pany grow sales in the middle of the U.S. year of production capacity at Orchids’ Orchids averaged more than 8.8 mil- down from $2.6 million, or 32 cents, the Zhang saw improved synergies as existing Pryor lines. Last month the lion diluted common shares outstanding prior year. having potential to offset diluted share- company activated a new machine capa- in the first quarter, according to the com- That fell below the 27 cents per share holder earnings. ble of making 34,000 tons a year. pany earnings report released Monday. projected by Thomson Financial Net- “It will not be the case if the company Orchids intends to break ground at Shareholders who own Orchids stock on work analysts, even though Orchids had can maintain or boost its earnings per Barnwell this quarter, which should May 4 will receive a 35-cent dividend on warned in earlier investment calls that share by using the proceeds of stock of- allow its first production line to start up May 18. Orchids’ board of directors au- the costs of installing its new paper ma- fering to expand its operation and make by the end of this year, the company said thorized that Friday, marking the com- chine in Pryor would affect net income. its operation more efficient,” she said. Monday. The second line would come pany’s 17th consecutive quarterly On the positive side, Schoen pro- “The company could increase paper pro- on-line in the second quarter of 2016. dividend, and eighth at that size. jected Monday that with this equipment duction by more than 50 percent That site’s new paper machine would Existing shares trading fell 4 per- up and running, the company would through new facility in Barnwell, South become operational in early 2017. cent Monday, or $1.01 a share, to close have a $6 million annualized return on Carolina. The new paper machine could This project extends Orchids’ na- the regular session at $24.05. Trading earnings going forward. That would help to improve the efficiency of the pro- tional supplier growth strategy, Presi- volume totaled 248,790 shares, dwarf- build on already strong net sales, which duction and reduce the costs.” journalrecord.com ■ The Journal Record ■ April 21, 2015 13A

The offices of OGI Process Equipment Inc. in Sand Springs. PHOTO BY RIP STELL Oil-field service company sues Sand Springs business

BY D. RAY TUTTLE “Our allegation is that their offer to THE JOURNAL RECORD repair was not done in a timely man- ner,” Jacobson said Monday. TULSA – An oil-field service company As a result of the equipment fail- filed a lawsuit in Tulsa County District ure, the company with which Hot En- Court against a Sand Springs company ergy had contracted to provide the in an equipment dispute. heated water terminated the contract Hot Energy Services LLC asked and went to another firm. Hot Energy Tulsa County District Court Judge Car- was also contracted for an additional los Chappelle for more than $300,000 2 million barrels of water at the time in damages in the petition filed April 8. of the breakdown. Hot Energy Services, organized in Quikwater was notified immedi- Nevada but operating in North ately of the failure, Jacobson said. Dakota, filed the petition against “When the motors failed, my client Quikwater Inc. and OGI Process let (Quikwater) know what was going Equipment Inc. on, but it was months before there was Quikwater agreed to design a hot a response,” Jacobson said. water trailer for drilling and produc- As a result, Hot Energy suffered tion operations in North Dakota in damages. 2014, according to the petition. The It was discovered the motors were contract also included providing a used or old stock, which also violated new industrial gas-fired water heater, the contract, according to petition. motors, controls, piping and other Quikwater filed a certificate of necessary components, along with dissolution with the Oklahoma secre- the labor to install them, the plaintiff tary of state Jan. 16, 2015, according claimed. to the petition. Hot Energy believes On April 14, 2014, while in the the defendant OGI is the successor to process of heating 500,000 barrels of Quikwater. water related to a hydraulic fractur- Calls to OGI were not returned. ing project, one or more of the mo- The plaintiff asked for more than tors on the trailer failed. The trailer $75,000 in damages for each of the could not provide the required hot four counts: breach of contract, water, said Russell M. Jacobson, at- breach of warranty, negligence and torney for Hot Energy. successor liability. 14A April 21, 2015 ■ The Journal Record ■ journalrecord.com 5 years after BP spill, drillers push into riskier depths

BY CAIN BURDEAU ASSOCIATED PRESS

ON THE GULF OF MEXICO – Five years after the nation’s worst offshore oil spill, the industry is working on drilling even further into the risky depths be- neath the Gulf of Mexico to tap massive deposits once thought unreachable. Opening this new frontier, miles below the bottom of the Gulf, requires engi- neering feats far beyond those used at BP’s much shallower Macondo well. But critics say energy companies haven’t developed the corresponding safety measures to prevent another dis- aster or contain one if it happens – a sign, environmentalists say, that the lessons of BP’s spill were short-lived. These new depths and larger reser- voirs could exacerbate a blowout like what happened at the Macondo well. Hundreds of thousands of barrels of oil could spill each day, and the response would be slowed as the equipment to deal with it – skimmers, boom, sub- marines, containment stacks – is shipped 100 miles or more from shore. Since the Macondo disaster, which sent at least 134 million gallons spewing An oil rig in the Gulf of Mexico near the Chandeleur Islands, off the southeastern tip of Louisiana. AP FILE PHOTO/GERALD HERBERT into the Gulf five years ago Monday, fed- eral agencies have approved about two graduate program. “Oh, no, it’s much, the 2010 explosion aboard the Deepwa- ject 20K” it is developing the tools to han- dozen next-generation, ultra-deep wells. much more complicated.” ter Horizon drilling rig, which engulfed dle the extremes of these deep reservoirs. The number of deepwater drilling By comparison, the Macondo well the high-tech platform in flames, killed The project’s name is a reference to the rigs has increased, too, from 35 at the did not involve drilling through salt, and 11 men and injured hundreds. 20,000 pounds of pressure per square time of the Macondo blowout to 48 last the “play” – an industry term for a reser- Oil, natural gas and toxic sludge inch the equipment must withstand. month, according to data from IHS En- voir – lay about 13,000 feet under the poured into the Gulf for 87 days as regu- Other companies, among them ergy, a Houston company that collects seafloor. The drillers aboard the Deep- lators, industry and the White House Chevron, Statoil, Shell, and Conoco- industry statistics. water Horizon rig were teasing oil from struggled to contain the offshore disas- Phillips, are developing these deep fields, Department of Interior officials over- prehistoric sludge dating back 23 million ter. The Obama administration ordered with the blessing of federal authorities. seeing offshore drilling did not provide years, whereas the hydrocarbons in a six-month halt to deep-water drilling, “We believe absolutely that it is safe data on these wells and accompanying what’s called the Lower Tertiary zone but lifted it sooner under pressure from to drill these reservoirs,” said Lars exploration and drilling plans, informa- are found in rock formations that go the industry and Gulf Coast officials. Herbst, the Gulf of Mexico regional di- tion that The Associated Press requested back 66 million years. A slew of problems surfaced during rector of the Bureau of Safety and Envi- last month. One post-Macondo engineering the response, among them: ronmental Enforcement, the agency that But a review of offshore well data by study found that the Macondo well rated • It became apparent that the Coast oversees offshore drilling. the AP shows the average ocean depth a 3-plus on a 5-point scale of complexity. Guard and other federal agencies were Since the BP spill, regulators and the of all wells started since 2010 has in- Thirteen wells in the 5 category had heavily dependent on the industry for industry publicly have said increasing creased to 1,757 feet, 40 percent deeper been drilled by the start of 2010. the equipment and expertise to cope safety is now a top priority. And they’ve than the average well drilled in the five The study also noted that Macondo with a deep-water blowout. taken a number of steps to make off- years before that. was only the 43rd complex deep-sea • Authorities determined they didn’t shore drilling safer – including develop- And that’s just the depth of the water. well in the Gulf when it blew out. In that have nearly enough floating boom to ing better cleanup equipment, hiring Drillers are exploring a “golden context – one blowout out of 43 similar contain a spill that size. more inspectors, demanding tougher zone” of oil and natural gas that lies wells – the industry cannot say it has a • Emergency plans on file were out- safety audits and setting better stan- roughly 20,000 feet beneath the sea good safety record when it comes to dated and irrelevant. They included con- dards for drilling. floor, through a 10,000-foot thick layer complex deep wells, said David tact information for a dead expert, as But critics say the improvements of prehistoric salt – far deeper than BP’s Pritchard, a Texas petroleum engineer well as tips for saving walruses, which hardly go far enough and that engineer- Macondo well, which was considered so who did the study. aren’t found in the Gulf. ing advances in drilling have far out- tricky at the time that a rig worker killed A co-author on the study was Kevin A blowout in deeper water, farther paced developments in safety and in the blowout once described it to his Lacy, a former BP drilling executive for from shore and containing even larger response technology. wife as “the well from hell.” the Gulf who quit the company shortly be- amounts of oil, would pose major The U.S. Chemical Safety Board re- Geophysicists estimate oil companies fore the Macondo disaster. Lacy testified challenges. cently found serious, even “fatal,” design can unleash Saudi Arabian-like gushers in court that he quit in part because of “We’re setting the stage for the next flaws with blowout preventers used at these unprecedented depths from cost-cutting measures BP was demanding. Macondo blowout, and even worse,” said throughout the Gulf. A blowout preven- fields capable of yielding up to 300,000 “We’re generations behind the airline Richard Charter, a senior fellow with the ter is the last line of defense against a barrels of oil a day. industry,” Pritchard said. He worries his Ocean Foundation and a longtime indus- blowout, and a device that failed in the Temperatures and pressures – the industry has not done enough to make try watchdog. Macondo disaster. conditions that make drilling so risky – get sure another catastrophic spill does not The industry and regulators ac- Under blowout conditions encoun- more intense the deeper you go. And the happen. “There is a management culture knowledge the difficulties encountered tered in these depths, investigators said, ancient salt layer brings extra wild cards. that wants to make money. It counts at these new depths. the drill pipe inside the preventers Technology now allows engineers to speed over reliability.” “Going to greater depths, greater could be bent and render the machines see the huge reservoirs beneath the pre- Geoff Morrell, a BP spokesman, said pressures, does present greater chal- ineffective. viously opaque salt, but the layer is still his company has vastly improved its lenges,” said Stephen Colville, president “We will always push the frontier,” harder to see through than rock. And it’s safety culture. “Ultimately the proof is in and CEO of the International Associa- said Ken Arnold, a petroleum engineer prone to hiding pockets of oil and gas the results, and our safety metrics since tion of Drilling Contractors. “We have who served on the National Academy of that raise the potential for a blowout. the spill put us in line with or leading the this desperate need for energy and we Engineering panel that studied the Ma- “It’s not rocket science,” said industry,” he said. have to go after it wherever it is.” condo disaster. “When I started in the Matthew Franchek, director of the Uni- A blowout at one of these super-deep BP PLC remains at the vanguard of versity of Houston’s subsea engineering wells could likely also look worse than ultra-deep exploration, and with its “Pro- See SPILL, PAGE 15 journalrecord.com ■ The Journal Record ■ April 21, 2015 15A Group seeks rehiring of workers at 5 closed Wal-Mart stores

BY ANNE D’INNOCENZIO solved and improvements are made,” ASSOCIATED PRESS Wal-Mart said in a statement. Lopez noted that the stores have had NEW YORK – A union is asking labor between 100 and 140 service calls for regulators to go to court to force Wal- plumbing issues, the highest incidence of Mart to rehire all 2,200 employees af- plumbing issues in its 4,500 stores. He de- fected by the abrupt temporary closing clined to elaborate on specific problems of five stores a week ago. but said they involved water leakage and One of the stores is at 207 S. Memo- that equipment needed to be cleaned out. rial Dr. in Tulsa. He also said the retailer would look The United Food and Commercial to make other updates to the stores. Workers International Union filed the Lopez said the company has not filed any charge on behalf of OUR Walmart with local construction permits because it still the National Labor Relations Board on is assessing what needs to be done. Monday, arguing the closings were retal- The worker group wants the labor iation for labor activism. Wal-Mart says board to seek a court injunction, which it closed the stores to fix plumbing issues. can be quicker than typical NLRB pro- One affected store, in Pico Rivera, ceedings, the group said. California, has been a hotbed for Wal-Mart has gotten itself in trouble worker protests against Wal-Mart. It for similar actions. In June 2014, the was the first store to wage such Canadian Supreme Court ruled that protests, in October 2012. The other A sign is displayed outside a Wal-Mart store in Duarte, Calif. AP FILE PHOTO Wal-Mart had violated labor laws when stores are in Midland and Livingston, it closed a store in Quebec. The employ- Texas, and Brandon, Florida. stores were closed temporarily so we two months and it would look to transfer ees in that location had voted to join a “This is a new low, even for Wal-Mart,” could fix the ongoing plumbing issues some to nearby stores. union. That made it the first unionized Venanzi Luna, an eight-year Wal-Mart and it would be unfortunate if this out- He did acknowledge that it was atyp- store in North America just before the worker and member of OUR Walmart, side group attempts to slow this process ical for Wal-Mart to temporarily close store was closed. said in a statement. “Through OUR Wal- down for our associates and customers,” stores for plumbing issues but said the Wal-Mart has been making moves to Mart, we’re going to keep fighting back the company said. company wanted to improve the cus- increase pay for its workers. The com- until the company gives us our jobs back.” Wal-Mart spokesman Lorenzo Lopez tomer experience. pany announced in February that it was Wal-Mart said in a statement that it told The Associated Press that the stores “We understand this decision has increasing the minimum wage it pays its does not believe there is any basis for an would remain shuttered for up to six been difficult on our associates and our hourly workers to at least $9 this month injunction. months. The company has said that the customers and we aim to reopen these and to at least $10 in February 2016. The “As we have said all along, these workers would be put on paid leave for stores as soon as these issues are re- federal minimum wage is $7.25 per hour. TSA adding new security measures for airport staff

BY ALICIA A. CALDWELL background checks will also now be ASSOCIATED PRESS conducted every two years for airport employees who hold Secure Identifica- WASHINGTON – The Transportation tion Display Area badges. Security Administration is tightening Johnson said airport and airline security rules for airline and airport workers traveling as passengers will workers in the wake of a criminal case also have to go through TSA screening in which an Atlanta baggage handler before boarding a flight. The number of was accused of smuggling guns on access points to secure areas will be re- commercial jets, Homeland Security duced to an “operational minimum,” he Secretary Jeh Johnson said Monday. said. In the immediate aftermath of the The security review and subse- December arrest, Johnson ordered a quent changes were made in the after- 90-day review of security measures math of a gun smuggling case involving and now the agency is closing some se- an Atlanta-based baggage handler who curity gaps the review highlighted. was accused of helping smuggle Among the changes announced weapons from Atlanta to New York on Monday are new rules requiring real- passenger jets. time, recurring criminal background Johnson said the security changes checks for aviation workers, including will greatly reduce the potential insider airline employees. Fingerprint-based threat posed by aviation employees.

SPILL: Drillers push into riskier depths from page 14 industry, we seriously wondered if we reports about drilling trouble is again could produce oil under 600 feet.” creeping up. Bureau of Safety and Envi- This month, the Department of In- ronmental Enforcement records show terior released long-waited new pro- drillers have been hit by a steady string posed changes for blowout preventers of “well losses,” reportable incidents calling for changes that in theory would when a drilling operation temporarily resolve flaws with those now in use. loses control of a well. Since the Ma- The rules, if adopted, would take effect condo blowout, 22 such incidents have in another five years at the earliest. been reported to authorities. Meanwhile, drilling is resuming to The loss of well-control incidents oc- pre-Macondo levels, and the number of curred in both shallow and deep waters. 16A April 21, 2015 ■ The Journal Record ■ journalrecord.com FOCUS ON LEADERSHIP Leaders at work and in life Paycom has quarterly two-day lead- Paycom’s training ership retreats. goals go beyond job “We talk about baseline leadership skills quarterly,” she said. “We talk about performance strategy. We identify high-potential can- didates for our leadership team.” BY DAVID PAGE Normally about 40 people attend the THE JOURNAL RECORD quarterly leadership sessions. Leadership potential is part of the OKLAHOMA CITY – As soon as a new hiring process and employee assess- employee starts work at Paycom Soft- ments for the provider of human re- ware Inc., he or she has the opportunity sources and payroll technology services. for leadership training. “We have a formal interview process “We want the employees to under- and we vet on the characteristics that stand from Day One the principles of make good leaders,” Pezold said. “When leadership, said Stacey Pezold, chief op- we promote employees we want the em- erating officer for Paycom. “If you have ployee who is already leading.” been here 10 days or 10 years, we feel Paycom’s goals for Lead U go beyond leadership is important. We encourage job performance. employees at all levels to take advantage “We talk about leadership as a of the leadership training.” lifestyle choice,” she said. “You are a Leadership is part of the culture at leader no matter where you are. We en- Paycom, which has slightly more than Paycom Software Inc. Chief Operating Officer Stacey Pezold speaks to employees at the courage people to understand that you 1,000 employees. company’s leadership development program, Lead U. PHOTO BY BRENT FUCHS lead in your family and in your commu- Paycom was ranked first among mid- nity as well as here.” sized companies in the 2015 Leadership and develop team members using a cur- utes for role playing and engagement. Employees are encouraged to be in- 500 Excellence Awards presented by riculum centered on coaching with an “Most of the people we bring on volved in the community outside the HR.com. Paycom was recognized for its attitude of servitude. board are excited and welcome the op- company. leadership development program, Lead U. “We believe leadership is not some- portunity to grow and build themselves “A big component is that we encour- “Leadership is a critical building block thing that is tied to position or title, but professionally,” she said. age them to connect to the community as in the success of our business,” Pezold to your ability to influence,” Pezold Most of the training is provided at the much as they can,” Pezold said. said. “Developing strong leaders is the said. “I firmly believe in the power of Paycom headquarters at 7501 W. Memo- Paycom also organizes community most important thing we do every day. influence. If you want to lead, you rial Rd. Remote training from the head- group projects for employees. Today’s leaders develop and guide tomor- should lead from wherever you are quarters is available for employees in “It is a great team builder for them row’s leaders, who are vital for creating within the organization.” other parts of the country. and provides perspective,” Pezold said. the new, innovative ideas and concepts Leadership classes for new employ- Monthly leadership training sessions “It provides a great way for them to get that propel our organization forward.” ees are usually offered in one-hour ses- are scheduled for Paycom’s leaders. to know each other and to know that Lead U’s content was developed to sions. Usually the first 30 minutes will be “We have a formal session for all of there are bigger challenges out there empower Paycom’s leaders to engage used for a lecture, with the last 30 min- our company’s leaders,” Pezold said. than what we face here day to day.” Leadership Oklahoma presents awards

TULSA (JR) – Leadership Oklahoma Fundraising Professionals named him presented three awards for leadership at its Outstanding Fundraising Executive its board of directors meeting at the in 2013. Gilcrease Museum in Tulsa. The Leadership Oklahoma Business The Distinguished Graduate Award Leadership Award was presented to honors a Leadership Oklahoma graduate Wymer Brownlee. whose leadership activities have exem- Last year, the Enid-based financial plified the highest standards of Leader- services company created a matching ship Oklahoma and whose activities opportunity for its employees. Through achieved results or set an example of the program, Double Your Donation, statewide significance. Wymer Brownlee matches up to a $250 The Distinguished Graduate Award donation for all employees to the charity was presented to Ken Busby, former ex- of their choice. As a company, they do- ecutive director and chief executive of- nated $60,000 to charitable causes in ficer of the Arts and Humanities Council 2013, with $5,200 going to match em- of Tulsa. ployee gifts from the program. Busby serves as president of Tulsa The Leadership Oklahoma Statewide International Mayfest and chairman of Community Award was presented to the Tulsa Performing Arts Center Gaylord-Pickens Museum in Oklahoma Trust. He is on the executive commit- From left are Shannon Rich, president and CEO of the Oklahoma Heritage Association and City. The museum is home of the Okla- tee of the Tulsa Regional Chamber’s Gaylord-Pickens Museum; Joe Moran, chairman of the Leadership Oklahoma Nominating homa Hall of Fame. Founded in 1927, the Visit Tulsa Committee. In 2010, he was Committee; Arron Brownlee, president and chief operating officer at Wymer Brownlee; and museum focuses on telling Oklahoma’s elected to the Arts Education Advisory Ken Busby, former executive director of the Arts and Humanities Council of Tulsa. story through its people. Council of Americans for the Arts and COURTESY PHOTO Chairman of the Leadership Okla- is immediate past chairman of that homa Excellence in Leadership Gala was committee. ceived the Governor’s Arts Award for In 2010, he received the Lifetime John Harper, vice president of external Busby is an adjunct professor at the Community Service and the Global Vi- Achievement Award from the Paseo affairs with Public Service Company of University of Tulsa. In 2008, Busby re- sion Award from Tulsa Global Alliance. Arts Association. The Association of Oklahoma in Tulsa. journalrecord.com ■ The Journal Record ■ April 21, 2015 17A U.S. stocks gain, rebounding from Friday’s slump

BY STEVE ROTHWELL ASSOCIATED PRESS

NEW YORK – The stock market bounced back from a big loss on Friday after getting a boost from some good first-quarter earnings reports. Toy maker Hasbro reported an un- expected gain in sales on the back of strong demand for its Transformer, Nerf and Marvel toys. Oil and gas serv- ices company Halliburton and invest- ment bank Morgan Stanley also reported results that were better than analysts were expecting. Stocks were recovering from a big slump on Friday when worries about the unresolved Greek debt crisis and some disappointing earnings reports rattled fi- nancial markets. This week is one of the busiest for first-quarter earnings with 147 compa- nies, close to one-third of those in the S&P 500, scheduled to report their re- sults. Investors are already expecting weak earnings because a surge in the dollar is hurting overseas sales. A big drop in oil prices is also hitting en- ergy companies. The strong earnings Monday “are setting a good trend to start the week,” said David Lyon, a global investment Traders George Ettinger works on the floor of the New York Stock Exchange on Monday. AP PHOTO/RICHARD DREW specialist at JPMorgan Private Bank. “Earnings are coming in better than the Hasbro was the biggest gainer in and the S&P 500 has gained only 2 per- The dollar rose to 119.24 yen from weakened expectations.” the S&P 500 index after reporting bet- cent so far in 2015. 118.94 yen. The Standard & Poor’s 500 index ter-than-expected earnings. The com- Not all investors are positive on U.S. crude oil rose 64 cents to close at climbed 19.22 points, or 0.9 percent, to pany is battling a shift toward video the near-term outlook for stocks. $56.38 a barrel in New York. Brent crude, 2,100.40. The Dow Jones industrial av- gaming, but unexpectedly reported ris- Michael Scanlon, a senior investment a benchmark for international oils used erage gained 208.63 points, or 1.2 per- ing revenue for the first quarter. The analyst at John Hancock Asset Man- by many U.S. refineries, was unchanged cent, to 18,034.93. The Nasdaq stock jumped $8.27, or 13 percent, to agement, says stocks will likely con- at $63.45 a barrel in London. composite climbed 62.79 points, or 1.3 $74.16. tinue to struggle to advance as long as In metals trading, silver fell 34 cents, percent, to 4,994.60. Halliburton was another company the debt situation in Greece remains or 2.1 percent, to $15.89 an ounce. Gold Currently, analysts are predicting to gain after posting earnings that beat unresolved and earnings at U.S. com- dropped $9.40, or 0.8 percent, to $1,193.50 earnings per share will slide by an aver- expectations. panies remain weak. an ounce. Copper also dropped, falling 4.2 age of 2.6 percent for S&P 500 compa- The company reported a $643 mil- “I feel like the first half of this year ... cents, or 1.5 percent, to $2.73 a pound. nies in the first quarter, according to S&P lion loss for the first quarter, but after is going to turn out to be a pretty bumpy In other futures trading on the Capital IQ data. If that forecast holds, it asset write-offs, severance costs and period for equities,” said Scanlon. Nymex: will mark the first period that earnings other items had been accounted for, the In government bond trading, prices • Wholesale gasoline rose 1.6 cents have contracted since the third quarter company logged earnings per share of 49 edged lower. The yield on the bench- to close at $1.932 a gallon. of 2009, when the U.S. was emerging cents. Halliburton’s stock rose 96 cents, mark 10-year Treasury note rose to 1.88 • Heating oil fell 0.5 cent to close at from the Great Recession. or 2 percent, to $47.85. percent from 1.86 percent on Friday. $1.877 a gallon. On Monday, though, the reports were Stocks have moved between big up- In currency trading, the euro weak- • Natural gas fell 9.8 cents to close at better than forecast. swings and losses for much of the year, ened to $1.0737 from $1.0805 on Friday. $2.536 per 1,000 cubic feet. Lawsuit: Southwest failed to respond to medical emergency BY SUDHIN THANAWALA wife, Kelly Ilczyszyn, herself a South- Crew members heard him crying out fore opening the bathroom door, accord- ASSOCIATED PRESS west Airlines flight attendant. He had in pain, opened the bathroom door, but ing to the lawsuit. The process took suffered a blood clot. then closed it again and treated the inci- about 30 minutes, and Richard Ilczyszyn SAN FRANCISCO – A woman filed a Southwest Airlines said in a state- dent as a passenger disruption, accord- was found unconscious. wrongful-death lawsuit Monday against ment that it was saddened to learn of ing to the lawsuit. Southwest Airlines said the crew Southwest Airlines, claiming crew the death, but its flight attendants han- “They just misread this, sat on their tried to reach him to provide assistance members mistook her husband’s med- dled the incident hands and this fam- and the pilot arranged for first respon- ical emergency for unruly behavior “appropriately and ily has to suffer as a ders to meet the flight when it landed. aboard a California flight and didn’t as- professionally.” result of their partic- According to the lawsuit, the first re- sist him. Ilczyszyn ran ular negligence,” sponders did not include paramedics. Richard Ilczyszyn, 46, was found to the bathroom about 10 minutes be- said the family’s attorney, Browne Greene. Doctors determined Richard Il- unconscious after the flight from Oak- fore the September 2014 flight was set Orange County sheriff’s officials czyszyn had been deprived of oxygen to land to Orange County landed last year, to land, according to the lawsuit, boarded the plane after it landed, but the his brain for about 33 minutes while on and he died the next day at a hospital, which also names his three kids as crew had wrongly told them a passenger the plane, according to the lawsuit. according to the lawsuit filed in plaintiffs. The lawsuit seeks unspeci- had barricaded himself in the bathroom, Ilczyszyn was a financial trader who Alameda County Superior Court by his fied damages. so they decided to get everyone off be- appeared on CNBC.

Try THE JOURNAL RECORD Today! Two Weeks FREE! Call 405.278.2800 or go to journalrecord.com 18A April 21, 2015 ■ The Journal Record ■ journalrecord.com Blue Bell working to get past listeria contamination scare

Tulsa City-County AUSTIN, Texas (AP) – Blue Bell Cream- eries will survive the crisis caused by a Library names COO recent recall of products prompted by a TULSA – Kimberly Johnson has finding of bacterial contamination in been promoted to chief operating some of its products, but it will take a lot officer for the Tulsa City-County of work and a lot of money, experts said. Library. The U.S. Centers for Disease Control Johnson, and Prevention reported this month that from the three people in Texas had the same Bronx bor- strain of listeria bacteria linked to some ough of New Blue Bell ice cream products previously York, is a found in five others at a Wichita, Kansas, graduate of hospital. Three of the five in Kansas the University died. That prompted the first recall in of Tulsa and the family-owned creamery’s 108-year earned her history, and some major retail and cus- master of li- Kimberly Johnson tomer clients pulled all Blue Bell prod- brary and in- ucts from their offerings until they could formation science degree from be assured those products were safe. the University of Oklahoma. Consultant Gene Grabowski, who She joined the Tulsa City- has been a “crisis guru” to food manu- County Library in 1998 as the first facturers in about 150 recalls, has been Blue Bell delivery trucks are parked at the creamery’s location in Kansas City, Kan. coordinator of the African-Amer- advising the Brenham, Texas-based AP PHOTO/ORLIN WAGNER ican Resource Center. She has creamery. Blue Bell, he said, has worked served as manager of the South around the clock since the listeria con- The company continues to pay 230 tonio-based H-E-B, which was one of Broken Arrow Library, manager cerns arose to identify and correct any employees at its Broken Arrow, Okla- the first chains to pull Blue Bell, is now of Hardesty Regional Library, re- contamination sources. homa, creamery that was shut down for one of the first to restock. gional director with responsibil- “This company cares more about the sanitizing after contaminated ice cream “Blue Bell is a brand Texans know ity for 11 of the Tulsa City-County health and well-being of consumers than was traced to the plant. No date has and love,” H-E-B spokeswoman Leslie Library’s 24 public locations and any company I’ve ever worked for,” he told been determined for production at the Sweet said. “We don’t relish impacting as deputy director, chief innova- the newspaper. “This is a company that’s plant to resume. access to this important product, but H- tion officer. always trying to do the right thing. This For now, a previously unimpeachable E-B is committed to absolutely safe food has been embarrassing for the family.” reputation is helping Blue Bell, said James and we needed to ensure we were stand- The cost of the recall and sales Moody, co-founder of Austin, Texas-based ing tall in this promise.” 1Architecture losses has not been tabulated, but it will advertising firm Guerilla Suit. Grabowski said the push to restock promotes two likely total several million dollars, “I think they’re in a better spot than retailers demonstrates the creamery is TULSA – 1Architecture has pro- Grabowski said. most. They’ve got a pretty good reputa- likely to survive this crisis. moted Kevin Hale and Nick “The company hasn’t even had a tion. It’s a great Texas brand,” Moody said. “Brand loyalty for this company is Denison to associate principals. chance yet to turn its attention to the pos- The recall, he added, gives Blue Bell offi- as great as I’ve ever seen. Consumers Hale is a sibility of litigation,” he said. For now, the cials a pause to “re-evaluate everything.” trust Blue Bell, they like Blue Bell, and graduate from company’s sole focus is “protecting con- Blue Bell products are gradually re- they want to see the company succeed,” the School of sumers and taking care of our employees.” turning to supermarket shelves. San An- he said. Architecture at Oklahoma State Univer- sity and the USDA, Pine bring broadband to tribal lands Kendall Col- lege of Arts & BROKEN BOW (JR) – Pine Telephone stallation of 103 cell tower sites. Two of When combined, the mobile and Sciences at Co. said it will soon complete four proj- the three wireless projects have been fiber broadband projects have already the University Kevin Hale ects totaling $56 million to deliver mo- completed and serve 2,649 broadband stimulated economic growth, said Ryan of Tulsa. He bile and fiber-optic broadband services customers. The third project is expected McMullen, state director for USDA has been with in nine southeast Oklahoma counties. to be operational within a month. Rural Development. the firm since The nine counties – Atoka, Bryan, “The towers for the third wireless “Businesses around Broken Bow 2008. Choctaw, Coal, Latimer, Le Flore, McCur- project are erected, and the equipment and Hochatown are using their new Denison tain, Pittsburgh, and Pushmataha – are in is turned on, working and being tested broadband service to greatly improve graduated the tribal lands of the Choctaw Nation. with customers,” said Jerry Whisenhunt, their marketing online,” McMullen from the Uni- The projects were funded by $27.91 Pine Telephone general manager. “We said. “Five years ago, there was one versity of million in grants and $21.79 million in expect to quickly pass the 3,000-cus- canoe rental location on Broken Bow Oklahoma loans from U.S. Department of Agricul- tomer mark when this final geographical Lake. Now there are 12 and all are School of Ar- ture Rural Development and $7 million area is opened up commercially.” thriving. There are more than 150 cab- chitecture. Nick Denison from Pine. The fourth USDA award was to build ins available for rent, as well as over The USDA funding represents four fiber-optic lines to the homes and busi- 100 vacation homes, with the number stimulus grants through the American nesses previously in the Pine Telephone rising weekly.” Cyntergy promotes Recovery and Reinvestment Grant in serving area. Pine has installed 5,084 All schools in the Pine Telephone Jason Mills 2009 and 2010. One grant was to deploy fiber drops and 399 miles of main line service area are connected with fiber fiber to homes in the area already covered fiber, and has activated service to 2,327 broadband, Whisenhunt said. TULSA – Cyntergy has promoted by landlines and the other three grants business and residents. Upon comple- “The system is built looking to the fu- Jason Mills to director of archi- were for advanced wireless systems. tion, which is anticipated in May, Pine ture, as we know growth will continue to tecture. Installation of the mobile broadband fiber broadband will be available to 5,500 come to southeast Oklahoma,” Whisen- Mills has been with Cyntergy projects began in 2010 and includes in- potential customers. hunt said. for 16 years. He is a graduate of the University of Arkansas. In print. Online. In person. subscribe.journalrecord.com journalrecord.com ■ The Journal Record ■ April 21, 2015 19A Halliburton says it has cut 9,000 jobs in wake of oil’s drop

HOUSTON (AP) – Halliburton has last spring has forced almost every cut 9,000 jobs in about six months energy producer to cut expenses and and is considering additional cost- scale back production. Producers cutting moves as falling oil prices re- are pressuring oil service compa- duce demand for its drilling help. nies, which manage their oil fields, That’s more than 10 percent of on costs. the Houston company’s workforce. In North America, Halliburton Halliburton Co. executives dis- Co. felt pricing pressure and tighter closed the job cuts Monday on a profitability across all product lines conference call with investors. due to an unprecedented decline in Halliburton, founded in Duncan, drilling activity, Chairman and CEO Oklahoma, in 1919, reported a $643 Dave Lesar said in a statement. million loss for its first quarter, as On a per-share basis, the com- the oil-field services provider con- pany reported a loss of 76 cents in tinued to adjust to slumping energy the first quarter. Earnings, adjusted prices that have forced layoffs and for asset impairment costs and non- other cutbacks at companies across recurring costs, came to 49 cents the sector. per share. The Houston-based company That beat Wall Street expecta- said Monday that it booked about tions. Analysts forecast, on average, $823 million in after-tax charges earnings of 41 cents per share, accord- during the quarter tied to asset ing to Zacks Investment Research. write-offs, severance costs and other The company posted revenue of items. It also recorded $35 million in $7.05 billion in the period, also charges tied to its pending acquisi- beating Street forecasts. Twelve an- tion of rival Baker Hughes. alysts surveyed by Zacks expected A steep drop in oil prices since $7.03 billion. A Halliburton worker walks among hydraulic fracturing equipment. FILE PHOTO BY BRENT FUCHS

PLACE YOUR AD IN AT YOUR SERVICE to promote your business offering commercial or residential services. Dining on Persimmon Hill COMMERCIAL ROOFING REPAIR & MAINTENANCE When our audience National Cowboy & Western Heritage Museum is looking for your 1700 N.E. 63rd St. • Oklahoma City (405) 478-2250 Ext. 281 Join us for lunch daily service or product, 11AM – 2:30PM Museum adm. not req’d for lunch your business will be Great Buffet ($10.98) or choose from a wide variety of sandwiches, soups, OKC: Tulsa: salads & hot entrees. top of mind! 405-722-7900 918-492-6222 Reservations taken, but not required.

www.nationalcowboymuseum.org “Trust the name you know… trust Metro” Information tab & under “Restaurant” Roofing Oklahoma for 35 Years 20A April 21, 2015 ■ The Journal Record ■ journalrecord.com

ALCOHOLIC BEVERAGE REPORT

Licenses

OKLAHOMA CITY (JR) – The Oklahoma Alcoholic Beverage Laws Enforcement Commission li- censing division issued one mixed- beverage license and one retail store license from April 6 through April 10.

Receiving a mixed-beverage license: Kirin, 8041 S. Mingo Rd. in Tulsa, Kirin Restaurant Inc.

Receiving a retail store license: Newcastle Liquor, 1121 S. Main St. in Newcastle, Paige D. Hennen.

Intents

OKLAHOMA CITY (JR) – Three notices of intent were published to Willie Nelson performs at the Wilshire Ebell Theatre in Los Angeles. FILE PHOTO BY CHRIS PIZZELLO/INVISION/AP apply for licensing through the Oklahoma Alcoholic Beverage Laws Enforcement Commission from March 30 through April 3. One notice was published for a Willie Nelson becomes latest beer and wine license, one notice was published for a mixed-bever- age license and one notice was celebrity in marijuana business published for a wholesaler license.

Seeking a beer and wine license: BY NICHOLAS K. GERANIOS star and self-help guru Bethenny have removed legal restrictions, and The Air Port Bar, 5315 E. 41st St. ASSOCIATED PRESS Frankel, who is working on a strain of more states are expected to vote on le- in Tulsa, The Air Port Bar LLC. Skinnygirl weed that wouldn’t leave galization next year. SPOKANE, Wash. – Country music star users with the munchies. The moves have created marketing Seeking a mixed-beverage Willie Nelson announced plans Monday “Like other industries, branding and opportunities, but links to celebrity smok- license: to roll out his own brand of marijuana, creative marketing is a big part of sup- ers aren’t always considered a positive. Tally’s Good Food Cafe LLC, capitalizing on his association with pot porting legal cannabis products,” said This year, the National Cannabis In- 1102 S. Yale Ave. in Tulsa, Tally’s and the unofficial stoner holiday, 4/20. Vicki Christophersen, director of the dustry Association decided to drop actor Good Food Cafe LLC. The move makes the 81-year-old Roll Washington CannaBusiness Association. Tommy Chong – co-star of the “Cheech Me Up and Smoke Me When I Die singer Christophersen said these connec- and Chong” comedy team – as it pre- Seeking a wholesaler license: the latest celebrity to jump into the mar- tions continue a long tradition of celebri- pared to lobby Congress for pot-friendly LDF Wine & Spirits, 10718 E. ijuana marketplace. ties endorsing the use of marijuana – regulations. The group wanted to move Marshall St. North in Tulsa, Rickey “Willie’s Reserve” will be grown and even decades before it became legal for past the stoner stereotypes they say W. West. sold in Colorado and Washington, where adult use. Chong represents in favor of positioning recreational pot is legal. Nelson said in a Nelson, who was not available for pot as similar to fine wine. statement that he’s “looking forward to comment Monday, is among those with Others see it differently, however. working with the best growers in Col- well-established connections to cannabis. Chong has an endorsement deal with orado and Washington to make sure our He’s been a decriminalization advocate Marisol Therapeutics, a pot shop in product is the best on the market.” and has been busted for pot possession Pueblo, Colorado, that sells a strain in Nelson joins other famous pot per- several times. He also appeared in the his name. sonalities, including rapper Snoop Dogg, stoner comedy Half Baked. Store owner Mike Stetler called who endorses vaporizing products; Washington and Colorado made pot Chong marijuana’s equivalent of the Comment online singer Melissa Etheridge, developing legal for adult use in 2012. Oregon, Marlboro Man, and when it comes to pot journalrecord.com marijuana-infused wine; and reality TV Alaska and the District of Columbia also pitchmen, he asked, “Who better?” journalrecord.com ■ The Journal Record ■ April 21, 2015 21A

DILBERT BY SCOTT ADAMS

To place an ad in the Classified Marketplace, email [email protected]

ACROSS 1 Maui dance 5 Pile up 10 Farce; pretense 14 Tell it like __; be frank 15 Where on a can to find nutritional info 16 Comic actress Imogene __ 17 Sunbathes 18 “Carmen” or “Don Giovanni” 19 Cain’s brother 20 Arab chiefs 22 Put in an envelope with the letter 24 Red or Dead 25 Heavenly guardian 26 Young cat 29 Actor’s signal 30 Wharves 34 Elegant poems 35 Rude fellow 36 Leave 37 Broadcast 38 “Much __”; phrase of gratitude 40 Feathery scarf 41 Ne’er-do-wells 43 __-tac-toe 44 Actress __-Na 7 Actor Vigoda Monday’s Puzzle Solved Wen 8 Calm 45 Make right 9 Street talk 46 Pooch 10 Item on a seafood 47 Carvey & Plato platter 48 Singing voice 11 Drifter 50 Singer Davis 12 Highest cards 51 Meantime 13 Man or boy 54 Like an 21 Anthem writer outstanding bill Francis Scott EMPLOYMENT 58 Lion’s cry 23 Relinquished 59 Stogie 25 Financial book 61 Lima or fava reviewer OFFICE POSITIONS 62 Leaf vegetable 26 Eucalyptus leaf 63 Special ability muncher 64 Bug spray 27 Phrase; ASST CONTROLLER- ACCT’G SYSTEMS 65 Outbuilding expression Salary Range: $65,939-$100,829 66 Shoe bottoms 28 Rudely brief City of Oklahoma City-Finance 67 Goes astray 29 Nev.’s neighbor Dept. Must have CPA & B.S. in 31 Log house Acctg, Fin, or related field. Infor- DOWN 32 Swedish dollar ©2015 Tribune Media Services, Inc. mation Systems A+. PeopleSoft/ 1 Punches 33 Mates for does All Rights Reserved. Oracle Financial & Helpdesk Systems, Microsoft Excel & 2 Western state 35 NBC rival Access experience A+. Experience 3 Out of __; 36 Last calendar 46 Pianist Fats __ 53 Yarn with fixed assets & 3 yrs manage- misbehaving page: abbr. 47 Dennis or Doris 54 Rate of speed ment experience. Apps/resumes 4 Helps 38 Neatness 49 Nolte & others 55 Grizzly, for one accepted online until 04/25/15. 5 Island greeting 39 Musician’s stint 50 Grades 56 Lion’s den Website: www.okc.gov/jobs 6 GPS screen 42 Went into 51 Annoys 57 Finishes Jobline: 405/297-2419 or 60 Four qts. TDD/hearing impaired diagrams 44 Ghoulish 52 Ark builder 405/297-2549. EOE. 22A April 21, 2015 ■ The Journal Record ■ journalrecord.com Officials: Early to say fewer quakes due to fracking limits

HUTCHINSON, Kan. (AP) – Earth- over the previous 10 years, according to are likely triggering the tremors along ments, more than 110 million gallons of quakes appear to be striking Kansas its website. Since September, the region existing but previously unknown fault wastewater were injected beneath less frequently but officials say it’s too has had an average on 17 earthquakes of lines in the region. Harper and Sumner counties in 2014. early to say whether new rules are the magnitude 2.0 or higher each month. A The order, which went into effect Only 51.8 million gallons were injected reason. 4.9-magnitude quake near Milan in Sum- March 30, will cut injection in some under Harper County in 2013, according The Kansas Corporation Commis- ner County, struck in November. wells by up to 60 percent when fully im- to the commission’s order. sion issued an order on March 20 that A vast majority of those earth- plemented by late June. The order only The commission, along with the set a new maximum daily amount of quakes have been recorded in south- affects 20 wells. Kansas Geological Survey, identified waste saltwater injection amounts in central Kansas, where much of the The Kansas Corporation Commission elongated areas of seismic concern based Harper and Sumner counties. The order recent hydraulic fracturing activity has decided to reduce injection amounts in- on clusters of earthquakes. also further limited disposal levels in five occurred. stead of stopping them altogether be- “We did not look at specific wells, but specific areas of “seismic concern.” State scientists and regulators have cause there was concern that a large looked at how earthquakes were clus- The Kansas Geological Survey has suggested the injections, which dispose change in disposal volumes would actu- tered and at subsurface linear features recorded more than 200 earthquakes of the saltwater byproduct of oil and gas ally trigger bigger earthquakes. that might indicate where faults might since Jan. 1, 2013, after detecting just five production from hydraulic fracturing, According to the commission’s docu- be,” said KGS Director Rex Buchanan.

GUN: A district judge ruled that licensed firearms could not be prohibited from a music festival from page 1 sanitation, damage insurance – we have Casey Moore said, because none of the a whole list of regulations for compli- city’s public events have tried to ban ance,” he said. “To say City Hall is in guns. control puts us at risk if something goes “If someone’s licensed and in a pub- wrong. The only other option is to say lic area, as long as they’re following the we can’t have (special events) anymore.” law, they’re fine,” Moore said. “When Some of the Main Street businesses Citizens Bank puts on its monthly hosting performances already have Heard on Hurd event downtown, for posted prohibitions on firearms. Music example, there’s nothing in our special festival attorney Gene Bertman and events process that says weapons can Knighton said that festival operators es- be banned.” sentially are leasing several blocks of city It might present a problem at the streets for the event, acting as another State Fair in Oklahoma City, however. business owner. The annual event is held on municipally Bertman said the board of directors owned property, and management has a of the Norman Music Alliance is per- long-standing policy of prohibiting turbed that its intent to create a com- firearms. Oklahoma City police last year fortable atmosphere for visitors has arrested 42 people in all at the fair. Of been set aside. that total, 23 involved complaints of pub- Other city attorneys watching the lic intoxication. case said they don’t expect the judge to Fair spokesman Scott Munz said that change course Thursday, the day the fes- although the fair takes place on public tival opens, when the plaintiff’s motion property, the ticketed event has a fenced for an injunction is revisited with further perimeter that creates a managed, busi- arguments. Friday’s ruling was only a nesslike space. temporary restraining order against en- Munz said fair officials will re-ex- forcing the ban. amine their stance on the issue before Balkman’s decision won’t have any the fair opens this fall, but a change is The group Deerpeople performs at a recent music festival. effect in Edmond, municipal spokesman not expected. PHOTO COURTESY DOUG SCHWARZ PHOTOGRAPHY

FAULT: State seismologist says disposal wells are very likely triggering the majority of earthquakes from page 1 rates shot through the roof. There are volumes in half, OCC spokesman Matt operations, Hatfield said. And issuing a “We have to decide what approach about 2.5 earthquakes greater than mag- Skinner said. blanket moratorium, even for wells in we’re taking,” he said. “Are we trying to nitude 3.0 each day, which is about 600 The tally on how many wells will be the Arbuckle formation in seismically solve a problem that permits the eco- times higher than the natural rate for required to make changes could change, active areas, won’t help the situation, nomic lifeblood of our state to continue, that seismic activity. because the agency continues to analyze Hatfield said. The industry needs to or are we going to take a hatchet to it?” “We can say statistically that it is very the information submitted, he said. know how to continue with its disposal Holland and OGS research seismol- unlikely this activity represents a signif- Skinner refused to comment on the operations in a safe manner. ogist Amberlee Darold will present re- icant portion of natural seismicity,” Hol- OGS statement, because it had not yet “This is an integral part of the busi- search on Oklahoma’s triggered land said. “We recognize there are been made public. ness,” he said. “It has been done safely earthquakes at the Seismological Soci- naturally occurring earthquakes in Okla- The Oklahoma Independent Petro- for 60 years and it will be done safely. We ety of America’s annual conference, homa, but they don’t represent what we leum Association’s chairman of environ- need to establish the conditions that per- which begins Tuesday in Pasadena, are observing.” mental and regulatory affairs, Kim mit us to do that.” California. The Oklahoma Corporation Com- Hatfield, said operators need to cooper- Holland said he and other seismolo- According to research Darold will mission has prioritized 347 wastewater ate by supplying the OGS and OCC with gists need more information about rock present, as much as 10 percent of Okla- disposal wells in seismically active information requested. The industry permeability and the magnitude of stress homa earthquakes recorded between areas, directing operators to prove their trade group and operators have provided rock formations can sustain. 2010 and mid-2012 can be linked to the wells aren’t too close to basement rock. seismologic information and fault data to Hatfield said he and others are trying hydraulic fracturing process. Those As of Monday afternoon, the agency had the OGS to help improve the agency’s to figure out the safest way to continue rates are higher than previously recog- identified seven disposal wells in the fault map. Industry members have also oil and gas operations, including dispos- nized in published scientific research, area of interest to plug back; that is, to provided disposal volumes and pressures ing of wastewater. He said he suspects Holland said. add more cement to the bottom of the to the OCC. some people will call for a moratorium “Certainly the disposal wells are wellbore and make it shallower. Several There should be a scientific basis to on all injection wells, regardless of po- likely generating more seismicity than wells will be required to cut disposal back any new changes for disposal well tential implications for the industry. hydraulic fracturing,” he said. journalrecord.com ■ The Journal Record ■ April 21, 2015 23A

Scan this QR code for more FINANCE DATA SET finance info ■ STOCK GURU Corporate tax bills Election season is heating up and many divided by pretax income — for companies with a politicians will start to weigh in on whether fiscal year ending in the past 12 months (March WPZ vs. THE OIL AND GAS corporate America is carrying its fair share of the 2014 to February 25). The analysis determined OPERATIONS INDUSTRY country’s tax burden. That can be a loaded that the average tax rate was 28.1 percent. That WMS Industry question, but FactSet analyzed the companies in marks a slight decline from 28.7 percent in 2013, Market cap. ($ Mil.) $29,927 $151,844.3 Sales (TTM) ($ Mil.) $1,378.94 $213,548.4 the Standard & Poor’s 500 index to at least which is also the amount of the average tax rate

GROWTH DATA determine some of the over the last five years. Rel. str. 80 45 hard numbers. The company with the Long-term EPS growth 12% 8% The average amount highest tax bill was Exxon Long-term revenue growth 30% 14% of annual income taxes Mobil, which is the second paid was $866.1 million, largest company in the Guru investor an increase from $849.6 S&P 500 behind Apple. It PETER LYNCH million in 2013. paid $18 billion in taxes in Strategy FactSet also 2014 and an average P/E GROWTH determined the average $25.2 billion over the last INVESTOR tax rate — taxes paid, five years. Guru score Average taxes paid Average tax rate 0% in millions, lefleftt scale right scale Who pays? Companies in REPORT CARD FOR THE the S&P 500 paid an $1,000 31% P/E GROWTH INVESTOR average $866.1 million in PASS FAIL income taxes in 2014, Inventory to sales   800 30 Yield adjusted P/E to growth   according to FactSet. (PEG) ratio Earnings per share   Total debt/equity ratio   600 29 Free cash flow NEUTRAL Top-5TToop-5 income tax payerpayers,s, 5-yr average: Net cash position NEUTRAL 1. Exxon Mobil (XOM) $25.2 bil. 400 28 The Validea system includes proven model portfolios of value, growth and dividend stocks based on gurus 2. Chevron (CVX) 15.9 like Warren Buffett, Peter Lynch, Benjamin Graham and Joel Greenblatt. The Validea Hot List has more 3. Apple (AAPL) 10.8 200 27 than tripled the market since its inception. 4. WeWells Fargo (WFC) 8.7 Use this QR code to see 0 26 more information on all of 5. Wal-Mart Stores (WMT) 7.9 Oklahoma’s 35 (largest) ’10 ’11’11 ’1 2 ’13 ’14 public companies Source: FactSet Trevor Delaney: J. Paschke • AP

■ FINANCIAL SNAPSHOT AP ■ A DAY ON WALL STREET AP ■ WORLD MARKETS AP WEEK’S WEEK YEAR Amsterdam Milan Interest rates CLOSE AGO AGO April 20, 2015 19,000 AEX FTSE MIB Dow Jones Average rate paid on banks industrials 18,000 422.28 19,130.26 money-market accounts 0.09% 0.09 0.11 (Bank Rate Monitor) 17,000 -2.7% 410.94 -4.9% 18,188.44 +208.63 0.01% 0.01 0.04 Brussels Paris 91-day Treasury Bill Yield 16,000 18,034.93 BEL20 CAC40 10-year Treasury Bond 1.87% 1.95 2.73 O ND JF MA Pct. change from previous: +1.17%High 18,092.22Low 17,841.18 3,281.61 4,252.29 Commodities 3,208.15 4,111.36 April 20, 2015 5,200 -2.2% -3.3% Bloomberg Commodity Index 101.82 99.47 137.68 Nasdaq 5,000 Frankfurt Sydney composite 4,800 DAX ASX All Ordinaries Stocks 4,600 +62.79 4,400 9,764.73 5,415.00 Dow Jones Industrial Avg. 17,826.30 18,057.65 16,408.54 4,994.60 4,200 -3.0% 9,473.16 0.3% 5,429.50 O ND JF MA S&P 500 2,081.18 2,102.06 1,864.85 Pct. change from previous: +1.27%5High ,000.20 Low 4,952.68 Hong Kong Tokyo Wilshire 5000 Total Market 22,060.79 22,274.80 19,832.16 Hang Seng Nikkei April 20, 2015 2,200 23,857.82 17,450.77 Standard & 2,100 -0.6% 23,721.32 -0.2% 17,408.71 Poor’s 500 ■ NEW INC. DATA JR 2,000 London Zurich +19.22 1,900 FTSE 100 Swiss Market Index April April March Year to date Year to date 2015 2014 2015 Jan.1-April 21, 2015 Jan.1-April 22, 2014 2,100.40 1,800 1,865 1,663 3,041 9,436 7,604 O ND JF MA 6,547.80 8,983.37 Pct. change from previous: +0.92% High 2,103.94 Low 2,084.11 -2.0% 6,417.16 -0.5% 8,938.85 24A April 21, 2015 ■ The Journal Record ■ journalrecord.com Small victory for fliers: Summer domestic fares fall $2.01

BY SCOTT MAYEROWITZ ASSOCIATED PRESS

After years of steadily-rising airfare, travelers this summer can expect a tiny bit of relief – $2.01 in savings to be exact. The average round-trip domestic ticket this summer, including taxes, now stands at $454, down less than 1 percent from last summer. Vacationers to Europe will fare better with the average ticket down 3 percent to $1,619, about $50 less than last summer. Not all travelers will get to save. Flights to Hawaii, Florida and New Orleans are cheaper, but travelers head- ing to New York, Denver and San Fran- cisco can expect to pay more. Even in Europe, it depends on the destination. Overall fares are down but it will cost more this summer to fly to cities like Amsterdam; London; Budapest, Hungary; Lisbon, Portugal; Frankfurt, Germany; or Reykjavik, Iceland. Prices are coming down because air- lines are now saving billions of dollars thanks to lower fuel prices and because more seats have been crammed into planes, spreading out costs over more passengers. European economic troubles are also keeping some seats empty as business travelers stay home. The generally good news about fares comes in a report released Monday by the Airlines Reporting Corp., which processes ticket transactions for airlines Travelers watch as a plane taxis at Hartsfield-Jackson Atlanta International Airport. AP PHOTO/CHARLES REX ARBOGAST and travel agencies such as Expedia, American Express and Carlson Wag- Travelers can thank lower oil prices ports, pay employee bonuses and reward Milan, Italy. That’s because four airlines onlit. The study looks at 4.1 million tick- and more seats on planes for keeping this shareholders as airlines continue to post fly that traditional business route non- ets purchased before March 31 this year summer’s airfare in check. record profits. stop each day including Dubai-based and last year for travel between Memo- Airlines at the start of the year paid European economic woes are also Emirates Airline. Starting in June, Emi- rial Day and Labor Day. $2.13 for each gallon of jet fuel, down 30 keeping some business travelers home, rates will fly the world’s largest jet, the Airfare during the first three months percent from last year’s $3.03, according helping lower fares for vacationers. Airbus A380, carrying 489 people be- of this year was also lower, down 3.7 to the Bureau of Transportation Statis- Fares are down to airports in Spain, Italy tween the two cities. That’s 129 more percent domestically and 8.9 percent tics. With U.S. airlines burning through and France. However, cities in Germany passengers a day than it currently car- internationally. 42 million gallons of fuel a day, that 90- and England, whose economies are ries, helping to bring down prices. Even with the moderate relief this cent savings adds up quickly: $14.7 bil- stronger, are still higher this summer The same situation is true for Hawaii. summer, prices are still higher than just a lion for the entire year if prices remain compared to last year. There are 5 percent more seats be- few years ago. The average domestic at these levels. Part of the savings is also linked to air- tween Hawaii and the rest of the country round-trip ticket is still $13, or 3 percent, Travelers are only seeing a sliver of lines adding extra seats on certain routes. this summer, compared to last. That’s higher than it was in 2012. European trips those savings. The rest of the money is One of the best bargains to Europe helping to lower ticket prices to most are $60, or 3.9 percent, more expensive. being used to upgrade airplanes and air- right now is between New York and airports there by about 10 percent. Fort Sill tribe asks N.M. court to reconsider decision

SANTA FE, N.M. (AP) – An Oklahoma- The governor’s office produced a was unable to sign a gambling compact Times article about the tribe that in- based American Indian tribe is asking memo to back up its contention. with the tribe “for the simple reason that cluded a quote from a Martinez New Mexico’s highest court to recon- In a motion filed with the state they had not yet won their case in court spokesman who said there was an un- sider its decision not to force Gov. Su- Supreme Court, the tribe argues that for a return to their ancestral homeland.” derstanding when the land was placed sana Martinez to sign a gambling Martinez was wrong when her adminis- Johnson also wrote, “I am compelled in trust that the tribe would not take compact with the tribe. tration claimed in to make clear that part in gambling. The state Supreme Court denied the court that the tribe there was no writ- Martinez’s office pointed to a 30- Fort Sill Apaches’ initial petition in had said it wouldn’t ten or verbal caveat page letter from the National Indian March without offering an explanation. seek to build a on (Fort Sill’s) Gaming Commission to the tribe, in The tribe had argued that Martinez ig- casino in New prospective return which the commission denied Fort Sill nored requests by its chairman to sign on Mexico. The mo- that would have the right to open a casino on its New to existing compacts. tion quotes John- prevented them Mexico land. The tribe wants to operate a casino son as saying this is from establishing The commission cited a 2001 letter on land near Deming in southern New a “myth.” gambling on their from the Bureau of Indian Affairs, which Mexico that was put into trust in 2002. Johnson was 30 acres of New approved the tribe’s acquisition of the It says it doesn’t matter that the tribe’s governor when Mexico tribal trust New Mexico land. The BIA’s letter cited land hasn’t been federally approved yet gambling compacts were signed in 2001 land. Any suggestion to the contrary is a 1999 resolution from Fort Sill’s Tribal for gambling. with several tribes and pueblos, clearing simply a myth.” Council saying the tribe “was removing The tribe is now using statements by the way for casinos in New Mexico. He Johnson signed an affidavit last gaming as a purpose for this acquisition.” former Gov. Gary Johnson to rebut Mar- wrote in an unpublished 2012 letter to month attesting to the authenticity of The Fort Sill Apaches have appealed tinez’s claim that the tribe had gone back The New York Times – included as an ex- the letter. the commission’s decision. That case is on its word not to try to build a casino. hibit in Fort Sill’s latest motion – that he His letter was in response to a 2012 pending in federal court. • Local Feature • Public Notices • April 21, 2015

INNOVATORS Molecular James Shaffer, University of Oklahoma milestone

BY BRIAN BRUS THE JOURNAL RECORD

NORMAN – The creation of a new molecule is reason enough for celebration by Univer- sity of Oklahoma researchers, but the impli- cations for the development of quantum computers someday will probably catch the general public’s attention. And therein lies the challenge of translating science to nonscientists and people who fund science, physicists said. In terminology that makes sense to profes- sor James Shaffer and his team at OU, they re- cently found a way to bring together something called a Rydberg atom and a ground-state atom to form a new molecule with a large permanent dipole moment, the largest ever observed at that scale. And that’s big news for Science mag- azine and similar journals. What that means to a less-learned sup- porter of academia is that the molecule’s elec- tric personality acts like a bar magnet in a magnetic field, said Jana Smith, director of strategic communications for research and de- velopment at OU. A moment in physics is something more than a common occurrence, and a dipole refers to two positively and nega- tively charged poles. Unfortunately, the significance of such de- velopments often has to be translated to an end product, department head Greg Parker said. Parker is a theoretical physicist and not in- volved in Shaffer’s work, which he admires. Parker joked that, unlike Shaffer, none of his own efforts are likely to be patented in the de- velopment of a quantum computer. “We always have to put in broader impact statements in our proposals,” Parker said. “I’m talked with some of the program moni- tors who provide money for Jim’s research, and they’ve told me they really like to fund him because when he promises something he produces results.” The National Science Foundation provided funding for Shaffer’s research, officials said. A lot of developments in physics research might not have applications for 20 to 50 years, Parker said. For instance, 10 years after the laser was developed, people were still looking for applications. Lasers are all over the world now, with uses ranging from simple lecture pointers to cancer surgery. “I’m sure that Jim’s research will lead to some very interesting advances much faster than a 10-year time span,” Parker said. Shaffer said he hopes to produce enough of the new molecules to carry out future experi- ments on dipole interactions, which may reveal a path for constructing scalable quantum com- puters that can manipulate data far beyond the standard digital encoding as binary bits. Quan- tum computing is still in its infancy now, lim- ited to a few qubits of data at a time. Professor James Shaffer at the University of Oklahoma in Norman. PHOTO BY BRENT FUCHS