IN THE NEWS

OFFICE MARKET THRIVING IN DOWNTOWN OKC OBSERVERS SAY

By Steve Lackmeyer, on 07/18/2011

by Steve Lackmeyer
NEWSOK.com / The Oklahoman
published July 17, 2011

Downtown observers, however, are predicting a different outcome this time around compared to the crash that ensued in 1983, which saw the collapse of hundreds of small petroleum firms and the emptying of one office building after another.
Larry Nichols, executive chairman of Devon Energy Corp., is enjoying witnessing a complete reversal of fortune for downtown now that his company's neighborhood has grown to include SandRidge Energy Inc., which took over the Kerr-McGee campus. They soon will be joined by Continental Resources Inc. and Enogex, an OGE Corp. subsidiary. Combined, the companies ultimately will add almost 1,000 people to the downtown workforce.

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