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 1131
News | February 10, 2026
A bill authored by state Rep. Anthony Moore, a Republican from Clinton, is set for consideration this week by the Oklahoma House Energy Committee.
News
The Penny News 1130
News | February 10, 2026
A Snyder man was killed Monday morning in a single vehicle collision in Kiowa County, according to the Oklahoma Highway Patrol.
News
The Penny News 1129
News | February 10, 2026
Two longtime cornerstones of western Oklahoma communities are getting a boost as part of a nationwide celebration of America’s library legacy.
News
The Penny News 1128
News | February 10, 2026
Alisen Bristow of Mountain View, has been named the C.B. Graft Rule of Law Scholar at SWOSU for the 2025-2026 Academic Year.
News
The Penny News 1127
News | February 05, 2026
Retail business owners along historic Route 66 have a new opportunity to improve their buildings through a facade and sign revitalization incentive program offered by the South Western Oklahoma Development Authority.
News
The Penny News 1126
News | February 04, 2026
House Speaker Pro Tempore Anthony Moore of Clinton, R-Clinton, has filed a package of education bills aimed at improving classroom outcomes and expanding access to higher education for Oklahoma students.

 
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.