SemGroup expands Tulsa headquarters to 175 employees

TULSA, Okla., June 20, 2016 (GLOBE NEWSWIRE) -- SemGroup® Corporation (NYSE:SEMG) announced today it has expanded its Tulsa headquarters at Two Warren Place to a total of 175 employees. The company recently transferred 51 positions from Oklahoma City to Tulsa. SemGroup specializes in transportation, storage, distribution, marketing and other midstream services in the United States, Canada, Mexico and the United Kingdom.

“This relocation is important to the continued expansion of our business and our goal of promoting the ‘One Sem’ culture,” said Carlin Conner, president and CEO of SemGroup.

“Over the last year it became clear to the SemGroup senior management team that the current limited geographical separation between two separate headquarters, the Tulsa and OKC offices, impeded our ability to fully capitalize on our business opportunities, leverage synergies and deliver more efficient growth,” he added.

The Tulsa Regional Chamber provided relocation assistance to SemGroup, ensuring potential transfers received in depth information on the attributes of working and living in the Tulsa region.

“SemGroup’s consolidation of employees into the Tulsa headquarters proves that the Tulsa region, while enduring some losses in the energy sector over the past year, continues to be well-suited for headquartered companies and talented employees in the energy sector,” said Mike Neal, president and CEO of the Tulsa Regional Chamber.

“The Chamber regularly assists companies with relocation assistance and guidance for employees during these types of transitions, and we’re pleased the SemGroup transition went so seamlessly,” Neal added.

SemGroup maintains that many strategic, operational and financial considerations went into making the decision to transfer their employees to Tulsa.

“We are confident that this move will help us drive success into the future as we continue to focus on our values and commitments with an eye on increasing shareholder value,” said Conner.

“We are excited about our outlook for the future and the opportunity to continue building a very special workplace in Tulsa,” he continued.

About SemGroup Corporation
Based in Tulsa, OK, SemGroup® Corporation (NYSE:SEMG) is a publicly traded midstream service company providing the energy industry the means to move products from the wellhead to the wholesale marketplace. SemGroup provides diversified services for end-users and consumers of crude oil, natural gas, natural gas liquids, refined products and asphalt. Services include purchasing, selling, processing, transporting, terminalling and storing energy.

About the Tulsa Regional Chamber
Established in 1903, the Tulsa Regional Chamber’s mission is to serve as the principal business-driven leadership organization improving the quality of community life through the development of regional economic prosperity. The Chamber represents more than 2,700 member organizations and approximately 160,000 area employees and utilizes more than 4,300 volunteers to accomplish its programs and services.

The Tulsa Regional Chamber was named the nation’s best chamber in 2005, 2008 and 2010 by the American Chamber of Commerce Executives, and in 2015, the Chamber received the Oklahoma Quality Foundation's Quality Award for Excellence. Additionally, the Chamber holds three prestigious accreditations: five-star accreditation from the U.S. Chamber of Commerce; accredited economic development organization through the International Economic Development Council; and accredited destination marketing organization through the Destination Marketing Association International.

Contacts: Media: SemGroup – Kiley Roberson 918-524-8594 Tulsa Regional Chamber – LToya Knighten Vice President of Communications 918-850-7776

Source:SemGroup Corporation