At least one Oklahoma City-based energy company is expanding while others are laying off workers, restructuring debt or going into bankruptcy.
Harding Shelton Exploration is getting more investment capital and at the same time, changing its name to Antioch Energy. Located in Oklahoma City’s Bricktown entertainment district, Antioch is getting the money from TPH Partners, a Houston private equity fund management group.
As a result, the company will double its workforce, according to President Nathaniel Harding in an interview with NewsOK.
Harding Shelton has been in existence for 35 years.