BINGO! MAPs Transformation Of Downtown OKC Brings Continental Resources Relocation
The importance of the MAPs intiatives to improve downtown Oklahoma City is being proven again, as Enid-based oil company Continental Resources plans to relocate its 500 employees and add a thousand more, founder Harold Hamm has revealed.
Continental, founded by Hamm in 1967, occupies virtually all the available office space in downtown Enid and needs more space to expand, Hamm explained.
To meet the projections of tripling its work force by 2015, the company needed to move south.
John Hart, chief financial officer, admits that sort of decision in past years might have meant following the exodus of Conoco from Ponca City and Phillips Petroleum from Bartlesville to Houston.
“If you look at companies that grew in distinct areas of Oklahoma, and as they grew they moved to Texas,” Hart said. “We don't have to look that far south anymore to grow our company.”
Hamm said downtown Oklahoma City, which is in the midst of a decade-long renaissance, was an attractive destination for Continental Resources.
“Oklahoma City is a very vibrant city and it's really very different from what it was before the bombing,” Hamm told The Oklahoman. “There are a lot of great things going on, and we look forward to having that infrastructure and making everything available to our employees.”
Read more about Continental's plans at http://newsok.com/continental-resources-goes-against-migration-to-texas/article/3550759#ixzz1HJtPkCEz.