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Although Continental Resources’ rapid growth has prompted the company to move its headquarters to Oklahoma City, CEO Harold Hamm expects his other companies will continue to grow in Enid.
While announcing Continental Resources is moving to Oklahoma City last week, Hamm told the News & Eagle he sees some of his other companies in the same position for growth Continental witnessed about five years ago. He said those companies will remain in Enid and continue to grow — likely filling office spaces vacated by Continental.
One of those companies, Hiland Partners, is a midstream energy limited partnership engaged in purchasing, gathering, compressing, dehydrating, treating, processing and marketing natural gas; fractionating and marketing of natural gas liquids; and purchasing, gathering, blending, storing and marketing of crude oil.
Hiland Partners already is experiencing growth, said Hamm, who is the company’s chairman of the board.
Hiland is headquartered in Enid and currently has offices in the Continental South tower.
“We’re not pulling up stakes with everybody here,” Hamm said. “Several companies are still here and they need additional space.”
Hamm will continue to own Continental Towers buildings in Enid.
Hamm’s other companies are Complete Production Services Mid-Continent operation, which Hamm & Phillips is associated with and which has about 200 employees in the Enid area. Hamm also has Banner Transportation Co. LLC, which has five employees. His other interests remaining in Enid include Hamm Management Co. and Hamm Financial.
Just as Hamm was entrepreneurial in starting Continental Resources, the other companies are entrepreneurial endeavors as well, he said.
Hamm said Enid has been a good community to grow his companies, and he touted Enid has a good place for entrepreneurial companies to thrive.
“Enid is a great place for entrepreneurial companies,” he said.
Continental Towers also may be available for lease to other companies as what Hamm classifies as Class A office space.
Agriculture and Energy 2011
Related Photos
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News & Eagle Photo illlustration / Source: hilandpartners.com
Discussion
Pressure on Hiland, others to fill shoes of Continental Resources’
- Agriculture and Energy 2011
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Agriculture and Energy 2011
One of the attributes of living in Enid and Northwest Oklahoma is the abundant pride residents have in its people, land and businesses. The 2011 News & Eagle Progress edition highlights these areas and pays tribute to all of those who make our region shine 7 days a week, 365 days a year.
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Seeking credit
Wind energy developers are hoping the moratorium is lifted this coming fiscal year, which begins in July.
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Energy supply that blows on trees
In 2009, Autry installed a wind turbine on its campus not only to provide wind energy to the facility but to offer an educational tool for students looking to go into the wind energy field or who just want to learn more about wind energy.
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‘It was lightning in a bottle’
“Our No. 1 asset is our employees." — Joe Griffin, president and chief executive officer of Hiland Partners
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Pressure on Hiland, others to fill shoes of Continental Resources’
While announcing Continental Resources is moving to Oklahoma City last week, Hamm told the News & Eagle he sees some of his other companies in the same position for growth Continental witnessed about five years ago.
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This is not a drill
Local city officials are bracing for the challenges the company’s move poses to economic development efforts.
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An endless supply of energy ...
Ward Petroleum is drilling horizontal wells and using fracturing technology to get further production from wells in Oklahoma.
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President of ONG has a past in Enid
“I was working for our company for just over a year, I began in 1986 and in the summer of 1987 they asked me to move to Enid for a while and work in our district office out there.” — Greg Phillips, Oklahoma Natural Gas president
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Home of the brave, free ... market
With the public crying for cheaper gasoline, Terry said whatever can be done to increase production should be considered.
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Trickle-down theory has translated into years of business for Wako Inc.
The company began in Wakita, moving to Enid 25 years ago. It celebrates 50 years in November. The name takes the first three letters from its hometown and the O from Oklahoma, Bland said.
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