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The Journal Record Daily Update
Today
Green building migrates toward mandatory as governments embrace LEED
The movement to require green building is growing but still modest-sized. As of Aug. 1, USGBC records show 98 U.S. cities, 25 towns, 29 counties, 31 states, 12 federal agencies, 15 public school jurisdictions and 38 institutions of higher education have some type of LEED standards. Most have incentives or public-awareness campaigns. Those requiring LEED or another standard usually target public construction.
Woodward-based oil drilling company files for bankruptcy
A Woodward-based oil drilling company with about 400 employees and liabilities between $86 million and $97 million has filed for Chapter 11 bankruptcy reorganization. Among debts listed for Boom Drilling Inc. and its affiliated companies are a claim of $77 million from Laurus Master Fund Ltd. and $3.7 million in payroll taxes. The company listed about 144 creditors.
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Settlement calls on SemGroup to pay $4.9M for obligations
A federal bankruptcy judge has outlined details of a settlement reached recently between bankrupt SemGroup LP and publicly traded SemGroup Energy Partners, known as SGLP. The agreed order approved Monday by Judge Brendan Shannon requires SemGroup to provide a $4.9 million letter of credit to secure obligations related to an asphalt agreement, and to reimburse SGLP $3.1 million, due for utility costs, among other terms.
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State's gross production tax collections skyrocket in Aug.
No, that's not a typo, said Deputy Treasurer Tim Allen. Gross production tax collections for the month of August were 70.9 percent higher than expected, and 69.8 percent above collections for the same month last year. State Treasurer Scott Meacham announced surprisingly strong tax collections for the month, particularly in the areas of gross production tax and sales tax.
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Manufacturing jobs stable
Oklahoma experienced a stable manufacturing job market over the past year, compared with a 2.6-percent loss nationwide, according to the 2009 Oklahoma Manufacturers Register, with major state industries posting increases.
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Tulsa's Rib Crib cooking up new Edmond store
The Rib Crib is coming back to Edmond. The Tulsa-based barbecue restaurant chain had a store in Edmond for 10 years that closed about 18 months ago. Size specifications, limited parking, and the lack of room for some necessary kitchen equipment led the company to close the store when the lease expired. It was Rib Crib's only Edmond store, but the company had plans to return.
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