A longtime Oklahoma City business leader, Duke Ligon at one time served as the general counsel and a senior vice president of Devon Energy, and today manages the private mineral investment firm Mekusukey Oil Company. Over the course of his career, Duke Ligon has sat on the boards of many oil and gas industry companies, and, in 2007, was appointed to the board of Panhandle Oil and Gas, Inc.
The newly created position reflected Mr. Ligon’s longstanding affiliation with the company as a shareholder. An appointed responsibility, it was followed by formal election at the annual shareholders meeting. The company’s chairman of the board noted that Panhandle Oil and Gas would benefit from strengthened ties with an entrepreneur who combined experience in finance and extensive knowledge of the oil and gas business.
Panhandle Oil and Gas, which began operations in Texas County in the 1920s, has achieved a reputation for sustained results in the exploration and production of natural resources. Its assets include 255,000 acres of mineral-bearing land as well as working and royalty interests in more than 6,000 oil wells.
Attorney and businessman Duke Ligon serves as president and CEO of the company he established more than 40 years ago, Mekusukey Oil Company, LLC. The company is among the nation's largest privately held businesses focused on acquiring and managing perpetual mineral resources; it conducts business in Oklahoma and more than 20 other states. Mekusukey maintains offices in Wewoka and in Oklahoma City. Duke Ligon and his staff oversee operations covering approximately 80,000 net mineral acres.