Monday, May 14, 2018

New Client Engagement Process at Heritage Trust


Oklahoma City executive Duke Ligon possesses a diverse professional background with a history of leadership positions within several businesses and organizations. Drawing from over three decades of experience in corporate legal affairs, Duke Ligon serves on the board of directors for Heritage Trust. Heritage staff create customized engagement plans for new clients that accommodate their needs in relation to financial planning, trust administration, and investment, as well as real estate and oil and gas management. 

On their first day with Heritage, new clients work with a relationship manager to execute a trust or agency agreement. The manager will handle the transfer of assets and ensure the completion of all proper documentation. To govern matters going forward, discussions regarding the company’s risk tolerance questionnaire also take place at this point. Over the next two to four weeks, managers will develop and execute the plan as agreed on day one, as well as review account objectives and financial plans and invest in assets according to the plan. 

In addition, clients will receive regular communications from Heritage managers over the course of the agreement. Communications formats include monthly statements, quarterly performance reports, and periodic proactive communications. Clients also meet with managers for an annual review of their agreement which allows them to review the account’s performance and make necessary updates to objectives and financial plans.

Monday, April 30, 2018

Vantage Drilling Company Background


Duke Ligon of Oklahoma City is a senior energy executive with five decades of experience managing and providing counsel to large companies in the energy sector. The former senior vice president of Devon Energy in Oklahoma City, Duke Ligon is a respected advisor who sits on the boards of many notable corporations, including Vantage Drilling Company.

A Houston-based contractor with offshore sites in Malaysia, Congo, and Indonesia, Vantage Drilling Company supplies oil and gas to companies worldwide. According to Vantage Drilling's core values, the company is committed to quality, compliance, and environmentally conscious decision-making. 

Vantage Drilling Company was founded in 2007 and has a workforce of 440 employees around the globe. Besides its own fleet of drillships and jack-ups, Vantage Drilling manages and supervises the construction of rigs owned by other companies. 

Vantage Drilling Company’s chief executive officer, Ihab Toma, was appointed to the position in 2016. Vantage Drilling’s board of directors encompasses highly experienced professionals from the energy and financial sectors.

Wednesday, December 20, 2017

Blueknight Energy Partners’ Extensive Third-Party Services Portfolio


Based in Oklahoma City, Duke Ligon has an extensive background in corporate litigation and executive experience in the oil and gas and financial sectors. Additionally, Duke Ligon sits on the boards of a number of companies, including Blueknight Energy Partners, LP, headquartered in Oklahoma City.

A limited partnership formed in 2007, Blueknight Energy maintains a portfolio of midstream energy assets spanning services such as processing, terminalling and storage, and transportation. This includes storage capacity for 16.6 million barrels of oil and more than 200 crude oil transport vehicles, as well as liquid asphalt storage facilities and terminals in more than two dozen states. 

Blueknight Energy’s business strategy entails responsively meeting third-party requirements for quality, budget-conscious midstream services in the energy logistics sphere. The firm pursues organic expansion through increasing storage capacities and developing new terminal locations with the aim of boosting its overall revenue profile.

Tuesday, December 12, 2017

The Nature Conservancy's Joseph H. Williams Tallgrass Prairie Preserve



Based in Oklahoma City, Duke Ligon maintains a community presence that extends beyond his leadership in the oil and gas industry, financial services, and the law. Duke Ligon serves on the board of directors of the Jasmine Moran Children’s Museum, and he is also an active member of the board of the Oklahoma branch of the Nature Conservancy.

One of the Nature Conservancy’s central projects is the nearly 40,000-acre Joseph H. Williams Tallgrass Prairie Preserve, the largest intact remnant of a tallgrass prairie ecosystem that once spanned 14 states. Over the past 30 years, the land has been restored as a fully functioning habitat that sustains 2,500 free-ranging bison and has prescribed burning as part of its management ethos. 

This “patch-burn" strategy is one that is also presented by the Conservancy to ranchers who are seeking environmentally friendly ways of grazing, while ensuring that bottom-line concerns are met. The organization also offers conservation easement arrangements to ranchers seeking to preserve their land in perpetuity.