SWOSU & ASAP Energy, Inc. Announce New Philanthropic Partnership

The Penny News 812

Weatherford, OK – Southwestern Oklahoma State University (SWOSU) and ASAP Energy, Inc. have launched an exciting new philanthropic partnership that will provide valuable financial assistance to the university’s students, faculty, and programs.

SWOSU is honored by the continued investment generously made in our institution by Rick and Sheila Koch and ASAP Energy, Inc.,” said SWOSU President Dr. Diana R. Lovell. “The launch of this new philanthropic partnership represents an exciting new collaboration for us all that will be of great help to our students.”

ASAP Energy, Inc. is owned and operated by Rick and Sheila Koch. Additionally, the Kochs own subsidiaries including Ricks Boots & Outfitters, Lucille’s Roadhouse Restaurants, and Lucille’s Hotel. ASAP General Stores service customers throughout Oklahoma.

Rick Koch’s entrepreneurial journey began in 1979 when he opened his first gasoline station, laying the foundation for ASAP Energy, Inc. Since then, the Koch Family and their related enterprises have been steadfast supporters of SWOSU by contributing to the growth and success of many academic and athletic programs and by volunteering in a wide variety of capacities.

ASAP Energy, Inc. knows how important SWOSU is to the continued economic growth and dynamism of our region,” said Rick and Sheila Koch. “We are proud to partner with this outstanding institution.”

The Kochs, President Lovell, and SWOSU Foundation, Inc. Board of Trustees Chairman Philip Busey, Jr., ’04, of Oklahoma City recently gathered for a ceremonial signing event at Lucille’s Restaurant in Weatherford to celebrate the new partnership.

This new multi-year cooperative effort will see the Kochs and ASAP Energy, Inc. investing over $200,000 in charitable support over the next four years in a wide variety of areas at the university including:

  • SWOSU New Student Orientation

  • SWOSU Distinguished Alumni Hall of Fame

  • SWOSU Convocation

  • SWOSU Homecoming

  • SWOSU Everett Dobson Golf Classic

  • SWOSU Athletic All-Sports Banquet

  • SWOSU Rodeo

  • SWOSU Athletic Association

ASAP Energy, Inc. and the Koch Family are among SWOSU’s most generous and faithful sustaining givers; we thank them profoundly for this latest thoughtful gift,” said Busey.

The philanthropic partnership between SWOSU and ASAP Energy, Inc. is facilitated by the SWOSU Foundation, Inc. An independent 501 C 3 entity, the Foundation was established in 1977 to promote philanthropy, award scholarships, and support the activities and programs of SWOSU.

For more information, please contact the Foundation at 580-774-3267 or visit www.SWOSUFoundation.com.


 
 

More News

News
The Penny News 1053
News | December 22, 2025
The Regional University System of Oklahoma and SWOSU today announced the appointment of Dr. Joel Kendall as Interim President of Southwestern Oklahoma State University, effective January 12.
News
The Penny News 1052
News | December 22, 2025
State Election Board Secretary Paul Ziriax announced today that no political party filed a notice to allow Independents to vote in its primaries and runoff primaries during the 2026-2027 election years.
News
The Penny News 1051
News | December 22, 2025
An Elk City Police investigation into reported theft and fraud at Walmart has led to the arrest of a Clinton woman on multiple felony charges.
News
The Penny News 1049
News | December 22, 2025
Beckham County Sheriff’s Office deputies recovered multiple firearms while serving a search warrant connected to an ongoing child abuse investigation in Beckham County, according to Sheriff Derek Manning.
News
The Penny News 1050
News | December 22, 2025
A stolen vehicle reported in Erick was recovered within hours thanks to quick work by the Beckham County Sheriff’s Office.
News
The Penny News 1048
News | December 22, 2025
An investigation by the Beckham County Sheriff’s Office uncovered an attempted fraud scheme involving an inmate inside the Beckham County Jail, according to Sheriff Derek Manning.

 
Barnes Feed in Hobart Oklahoma For All Your Stock Needs
Have your ad read on the most powerful hour in radio, TRADIO. The buy, sell, and trade show that airs Monday through Friday at 10:00 AM to 11:00 AM and Saturday at 8:00 AM to 9:00 AM on KECO 96.5 FM.

 

 

© Copyright 2025, Paragon Communications. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.