Well, that's just stupid then.

Moving on....

Have you forgotten what thread we're posting in :wink:

WCT Resouces is a trust setup for the children of Tom Ward and is run by his oldest son. Their holdings boarder some of the holdings of Sandridge and that is the one of the primary issues behind the TPG-Axon attempts to oust Tom Ward.

It's WCT. Not WTC. I'm guessing "Ward Children's Trust"?

Haha! Nicely done.

How likely is it that SandRidge and/or Chesapeake are sold and moved out of town? I know they're in trouble, but is it likely that they'll actually be moved?

In the next three months? Not very likely.

In the next year?

But how much trouble are they really in? We all know know that Reuters screwed up and stuck their foot in their mouth with their "reports" of wrongdoings by McClendon, which turned out to be nothing.

Now we have TPG-Axom, who wants to stir up drama instead of meeting with company officials in a constructive manner to see what can be done to raise what they call undervalued stock. These theatrics are causing damage more than they are helping.

How likely is it that SandRidge and/or Chesapeake are sold and moved out of town? I know they're in trouble, but is it likely that they'll actually be moved?

I think the only company that would be able to absorb CHK is Exxon Mobil.

SD, well, just from the little information that I have come across, I'm wondering if there's potential for Shell to buy out SD and make OKC it's N.A. Headquarters

But how much trouble are they really in? We all know know that Reuters screwed up and stuck their foot in their mouth with their "reports" of wrongdoings by McClendon, which turned out to be nothing.

I love Chesapeake as much as the next Oklahoman, but I don't think it turned out to be nothing. He was doing some pretty sketchy things, which ultimately led to his ousting as CEO.

In any case, I don't see them being sold and moved anytime soon.

What's the latest on that new signage they had renderings for on the tower?

If Shell is moving here they are buying Sandridge as well. Its gotta be a package deal.

I love Chesapeake as much as the next Oklahoman, but I don't think it turned out to be nothing. He was doing some pretty sketchy things, which ultimately led to his ousting as CEO.

In any case, I don't see them being sold and moved anytime soon.

He wasn't ousted, he resigned.

He was fired according to financial documents submitted to the govt. by CHK.

He was fired according to financial documents submitted to the govt. by CHK.

Out of curiosity, when was he asked to step down as Chairman? wasn't that like may of last year? That will also be remembered as being Aubrey's decision by many in Oklahoma

He was fired according to financial documents submitted to the govt. by CHK.

Link?

He was fired according to financial documents submitted to the govt. by CHK.

That is semantics If he "resigned" he wouldn't get a severance

Regardless of whether or not he was "fired", he had not intentions of remaining the CEO at CHK with a board that demanded he operate under the cash flow of the company.

It is amazing how many people post on this forum with authority yet have no idea as to the true facts regarding what goes on at CHK. Back to the tower discussion...my money is on OG&E and Enogex.

it is amazing how many people post on this forum with authority yet have no idea as to the true facts regarding what goes on at chk. Back to the tower discussion...my money is on og&e and enogex.*like*

It is amazing how many people post on this forum with authority yet have no idea as to the true facts regarding what goes on at CHK. Back to the tower discussion...my money is on OG&E and Enogex.

"Mississippi Blues and Plutonic Panda like your comment"

lol..... I also like your comment as well, Mississippi Blues. . . hahahahaha.. :)

I think the only company that would be able to absorb CHK is Exxon Mobil.

SD, well, just from the little information that I have come across, I'm wondering if there's potential for Shell to buy out SD and make OKC it's N.A. Headquarters

Any major could buy out CHK, Exxon already bought a large, gas heavy unconventional exploration company in XTO Energy. No way they by another one, especially as debt ridden as CHK is.

I love Chesapeake as much as the next Oklahoman, but I don't think it turned out to be nothing. He was doing some pretty sketchy things, which ultimately led to his ousting as CEO.

In any case, I don't see them being sold and moved anytime soon.

The Reuters reports were over nothing, it was excessive debt and low stock price combined with low commodity prices that drove Aubrey out. Don't believe everything in the media... but not going to get into a CHK business practice discussion.

Or someone else totally unexpected.

If I was down to my last dollar would I be better off putting it on 13-Black or betting on Gaylord Square (a mixed use residential/hotel/retail development)?

If I was down to my last dollar would I be better off putting it on 13-Black or betting on Gaylord Square (a mixed use residential/hotel/retail development)?

Always bet on black...




Lol

My prediction is Shell buys Sandridge and builds another tower nearby.

Always bet on black...




Lol

haha, this!

Via today's live business chat from Steve Lackmeyer:


A whole half hour before anyone hit me with a tower question. You folks are getting slow to the draw. A councilman recently (and jokingly) accused me of being "sadistic" and teasing readers with just tidbits about the tower. I try to give you what I can, and I not intended to tease at all!

So, all of you, who are great readers, who make OKC Central a great discussion, keep hitting me with new creative questions aimed at dragging more information from me.

I'm going to stick with what I've said: a deal is being done, but it's not done yet. It will involve the Stage Center site. Other groups/companies are interested in building high-rises downtown beyond the one in the works for the Stage Center site. But I cannot say with certainty whether they will be built. We have too many moving pieces right now, and too much uncertainty involving Chesapeake Energy and SandRidge Energy.

Now, the word is that it is NOT Continental (or OG&E) that is in the process of trying to work a deal on the Stage Center site, but a third company...

Still hoping for CLR & OG&E but if/when they build, it's not going to be at Stage Center.

Have no idea who this new company is, so this will be very, very interesting news when it finally breaks.

Sounds like all types of deals are being worked on in the background, which is why this is slow to develop.

Another live chat quote:


Comment From Guest
You've hinted that we could see an announcement by the end of March, that it involves the Stage Center site, and that the company involved could be a surprise. Have you seen the name of this company in either your chat or on OKC Talk? Can you confirm if this would be a North American or Corporate HQ?

11:05
Steve Lackmeyer: No.

Via live chat:



11:07
Comment From Nick
There are lots of rumors on OKCTalk regarding Shell. Lots of interesting tidbits about Shell having sold their Houston headquarters and owning a lot of acreage here in Oklahoma. Is something brewing with Shell?

11:09
Steve Lackmeyer: OKC Talk is a great site, a wonderful community forum. What you read there is a mix of links to news stories by The Oklahoman and other news organizations, items dug up by the site's owner, and then a lot of rumors that may or may not be true. And then there are the conversations involving cranky weird people (and a lot of fun, smart folks who make up 95 percent of its membership!)

11:13
Comment From Nick
Steve, why do developers maintain such secrecy about their projects?

11:13
Steve Lackmeyer: Because they're competitive and don't want to see land swiped away from them or deals stolen. It happens. I've seen it happen.

Comment From shawnw
I don't consider the tower at Stage Center a "mystery tower" as it seems like the rumors point to CLR. Same with Devon/preftakes and Sandridge (if they get their act together). Those are just 3 potential/planned/pending towers we all kinda know about. The "myster tower" to me is the one to be occupied by the supposed international move/North American HQ move to OKC by an as yet unnamed company. That said, can you tell us, yes or no, if Shell is that company?

11:17
Steve Lackmeyer: You're pushy.

11:17
Steve Lackmeyer: (I like that)

*drumroll*


Comment From Nick
haha, but you're sadistic Steve. So tell us something!

11:25
Steve Lackmeyer: Taco Mayo is building a 60-story headquarters that will be shaped like a taco and will have an elaborate courtyard with fountains flowing with mild salsa sauce.

i'm putting myself in the cranky weird people category!

So, do you all think OG&E is looking further north for their new digs? And surely CLR will have to do something. They're growing so fast.

Pete is a smart man.

Now, the word is that it is NOT Continental (or OG&E) that is in the process of trying to work a deal on the Stage Center site, but a third company...

Still hoping for CLR & OG&E but if/when they build, it's not going to be at Stage Center.

Have no idea who this new company is, so this will be very, very interesting news when it finally breaks.

Sounds like all types of deals are being worked on in the background, which is why this is slow to develop.

Wow. I really thought Continental was going for the Stage Center site. It just seemed so perfect.

I hope this doesn't mean Continental doesn't have plans for a downtown tower.

I also hope that this mystery company that is apparently going to gobble up the Stage Center site is actually interested in building a tower and not some 3-story office complex or something like that.

The plot thickens...

11:25
Steve Lackmeyer: Taco Mayo is building a 60-story headquarters that will be shaped like a taco and will have an elaborate courtyard with fountains flowing with mild salsa sauce.


I knew it!

Hey wait a minute... didn't their original proposal call for hot salsa in the fountains? Now it's down to mild?
Another bait and switch!

I knew it!

Hey wait a minute... didn't their original proposal call for hot salsa in the fountains? Now it's down to mild?
Another bait and switch!

The worst part is that they've announced that they are putting their data center somewhere else, making it only 59 stories! The INJUSTICE!!!!!

11:25
Steve Lackmeyer: Taco Mayo is building a 60-story headquarters that will be shaped like a taco and will have an elaborate courtyard with fountains flowing with mild salsa sauce.

Best laugh of the day.

This is just something I have put together myself, this is not from a credited source other than me, but I have been putting some things together.

Linn Energy relocated to Houston in 2006 with about 200 employees, and has grown to 800+ since then [out of space]. Linn Energy announced this week that they have acquired the company known as Berry Petroleum, located in Denver CO that has 300+ employees.

Linn currently leases space in primarily the JPMorgan Chase Tower in Houston.

This is from September last year (2012):
The 75-story tower, Houston’s tallest office building, is now more than 96 percent leased. The increase in occupancy is in large part due to the tower’s most rapidly growing tenant, Linn Energy , which recently signed a lease expansion for 58,944 square feet, bringing their total leased space in the tower to approximately 175,000 square feet. Their initial lease seven years ago was for 3,044 square feet.


Perhaps there is a chance Linn Energy is trying to move somewhere centrally for all their growth and new acquirement of employees?

11:25
Steve Lackmeyer: Taco Mayo is building a 60-story headquarters that will be shaped like a taco and will have an elaborate courtyard with fountains flowing with mild salsa sauce.





Best laugh of the day.

I would love to see the renderings!
:wink:

Listening to the webinar and the speaker said something about them wanting to bring in an out of state company but it was brief and didn't catch it all.

https://www2.gotomeeting.com/register/409179050

The worst part is that they've announced that they are putting their data center somewhere else, making it only 59 stories! The INJUSTICE!!!!!WHAT!?!?!?!?!?!?!? REALLY AGAIN, We had ANOTHER chance for a super tall, and now we never see anything. 2 Chances and we blew it! Makes me so mad!!!! lol jk.. ;)

I would love to see the renderings!
:wink:If I had my Macbook with me, I'd hope on photoshop and put a giant taco into our skyline. Unfortunately I don't and won't for another week. But, if someone else is up to it. :D lol

This is just something I have put together myself, this is not from a credited source other than me, but I have been putting some things together.

Linn Energy relocated to Houston in 2006 with about 200 employees, and has grown to 800+ since then [out of space]. Linn Energy announced this week that they have acquired the company known as Berry Petroleum, located in Denver CO that has 300+ employees.

Linn currently leases space in primarily the JPMorgan Chase Tower in Houston.

This is from September last year (2012):
The 75-story tower, Houston’s tallest office building, is now more than 96 percent leased. The increase in occupancy is in large part due to the tower’s most rapidly growing tenant, Linn Energy , which recently signed a lease expansion for 58,944 square feet, bringing their total leased space in the tower to approximately 175,000 square feet. Their initial lease seven years ago was for 3,044 square feet.


Perhaps there is a chance Linn Energy is trying to move somewhere centrally for all their growth and new acquirement of employees?

Doesn't Lynn/Linn Energy lease space in the building in the Quail Springs Executive Park, just west of May? They have their sign up on the very angular building, just behind Mahogany Steakhouse and the hotel there.

Doesn't Lynn/Linn Energy lease space in the building in the Quail Springs Executive Park, just west of May? They have their sign up on the very angular building, just behind Mahogany Steakhouse and the hotel there.

Yes they do, I have a close family friend that works for them at the OKC site.

Taco Mayo is building a 60-story headquarters that will be shaped like a taco and will have an elaborate courtyard with fountains flowing with mild salsa sauce.

Great. More OKCTalk rumors.



Steve, why do developers maintain such secrecy about their projects?

So the weird and cranky people don't talk about them.

A councilman recently (and jokingly) accused me of being "sadistic" and teasing readers with just tidbits about the tower.

At least your tidbits are teasers from someone's friend's uncle who works for a company that sells stuff to a company that wants to build a supertall in OKC.

I don't think I've ever thrown out a guess on this thread. So, for the out of state company I'm going with Cimarex.

Hey now... I'm not weird OR cranky... If you don't believe me, just ask my Mom.

As to the topic, this is some really good stuff guys... The thread slowed down a bit for a while, but made up a lot of ground today.

I don't think I've ever thrown out a guess on this thread. So, for the out of state company I'm going with Cimarex.

They've already built a building in Tulsa and are moving into it next month. I know at one point they were considering OKC or consolidating their operations in Denver a few years back, but they seem happy with Tulsa for now.

They've already built a building in Tulsa and are moving into it next month. I know at one point they were considering OKC or consolidating their operations in Denver a few years back, but they seem happy with Tulsa for now.

Don't why any growing co. would build in Tulsa when they have a chance to build in a growing metropolis like OKC. They must be out of their minds!

Shell

My prediction is Shell buys Sandridge and builds another tower nearby.

That would be a best-case scenario. I hope if Sandridge or CHK get purchased, whatever company is the buyer expands OKC presence rather than moves jobs elsewhere.

Via today's live business chat from Steve Lackmeyer:

I honestly hoped CLR was the company behind Stage Center...they could still be...they HAVE TO be looking for somewhere to build...It will be close to their year of reaching their production goal by the time one would be done meaning they would have at least double the employees they have now i would think

Im actually glad it's not CLR at Stage because that gives us the very real chance of having more than one tower pop up (rather than the sure one from CLR). ...

More IS Better!

Makes me wonder if considering the relationship of devon and clr that maybe they will sell the preftakes area to clr for their site and still have room there for their own 2nd tower. possibly??

The area behind the Preftakes buildings, where the old bus station is and the Lunch Box, has ample room for a tower. It would be right across the street from Stage Center.

I'm entering the "wait and see" mode. Tired of speculating (it is fun, but ready for something concrete)

One of these days...

Austin is taking jobs from us, i hate hearing about the developments going on down there

Austin is taking jobs from us, i hate hearing about the developments going on down there

How are they taking jobs from us exactly?

I love hearing of the things going on in Austin, they're a good "example" city for us.

How are they taking jobs from us exactly?

I love hearing of the things going on in Austin, they're a good "example" city for us.

I agree, I've not heard of any jobs that Austin is taking from us.