Tulsa

Larry W. Brummett, chairman and CEO of Tulsa’s ONEOK Inc., diedFriday following a two-year battle with cancer. He was 49. Hebecame CEO, chairman and president of ONEOK in 1994 and under hisdirection, ONEOK had grown from a local natural gas utility companywith assets of $1 billion in 1994 to a diversified natural gascompany with total assets exceeding $5 billion. “Larry was a greatleader and a wonderful friend to all who knew him,” said COO DavidKyle. “It is a tribute to him that we have such a great team ofemployees at ONEOK who will move forward with the focus and visionthat he has set for the company during his years of leadership.”

Tulsa’s Williams Cos., buoyed by soaring natural gas prices andbetter news than expected on its rate-refund liabilities andperformance by its communications group, said last week that itexpects second-quarter profits to exceed the first quarterperformance of 27 cents a share. It had been expected to earn 16cents, according to analysts polled by First Call/ThomsonFinancial.

Tulsa’s Williams Cos., buoyed by soaring natural gas prices andbetter news than expected on its rate-refund liabilities andperformance by its communications group, said yesterday that itexpects second-quarter profits to exceed the first quarterperformance of 27 cents a share. It had been expected to earn 16cents, according to analysts polled by First Call/ThomsonFinancial.

Abraxas Petroleum Corp. said last week it has sold $34 millionin Wyoming gas assets to Samson Resources Co., a private Tulsa,OK-based oil and gas firm. The assets were held by Abraxas’subsidiary, Abraxas Wamsutter L.P.

Oneok Inc. of Tulsa, OK, agreed to sell its 42.3% interest inthe Indian Basin Gas Processing Plant and gathering system for $55million to El Paso Field Services Co. The transaction is expectedto close by the end of March.

Oneok Inc. of Tulsa, OK, last week filed to hold Southern Union in contempt for violating an injunction preventing it from attempting to influence a shareholder vote on the merger of Oneok and Southwest Gas Corp.

Oneok Inc. of Tulsa, OK, filed to hold Southern Union incontempt for violating a federal preliminary injunction preventingit from attempting to influence a shareholder vote on the merger ofOneok and Southwest Gas Corp.

Southwest Gas of Las Vegas and Oneok Inc. of Tulsa, OK, received the blessing of Nevada’s Consumer Advocate and a Nevada state legislator for their proposed merger.

Southwest Gas of Las Vegas and Oneok Inc. of Tulsa, OK receivedthe blessing of Nevada’s Consumer Advocate and a Nevada statelegislator for their proposed merger.