2019

William S. Walker, the third generation of Walker family leadership of SPC, becomes President of the Company, and remains President until June, 2019. He is now Senior Advisor and Manager of Real Estate for SPC

SPC begins to deploy gas and air rotary drilling techniques permitting the development of deeper gas production in the Arkoma Basin. SPC begins development of the Cecil and Aetna gas fields, significantly increasing the company’s production in the Arkoma Basin. S.R. Walker becomes President

Increasing natural gas prices generate significant additional drilling in the Arkoma Basin allowing SPC to continue the expansion of natural gas production in the Basin

SPC and AOG begin to operate independent of each other to pursue separate strategic objectives. W.R. Walker remains president of SPC

Witt Stephens, Jr. is appointed Chairman, a role he maintains to this day

The Company opens an office in Denver to explore and develop oil and gas interests in the western half of the continental U.S.

SPC participates in wells in the deep Anadarko Basin in western Oklahoma

SPC begins exploring other areas of the Arkoma Basin with significant reserves being found in the Hunton formation. SPC also initiates its industrial and commercial parks with its first sale to Standard Brands (Planters Peanuts)

The Stephens family partners with S.R. Walker, who is named president of SPC and AOG, beginning a relationship with the Walker family that would span three generations and continues today

Prior to 1944, W.R. “Witt” Stephens, Sr. purchases Western Oklahoma Gas Company, a natural gas exploration and production company. Through a series of acquisitions and mergers, Stephens combines Western Oklahoma Gas Company, then known as Arkansas Oklahoma Gas Company, with Fort Smith Gas Corporation, which he had acquired nine years prior. Stephens merges the distribution […]