I would assume with it's location and power, that the new station will have a very similar signal to KQCV 95.1...
Correct. It will be almost the exact same signal. If it really adopts a jazz format, that will be good news for my mother, who lives in Tulsa and still misses KOAS. She likes KJZT but has a tough time picking it up at her house while KQCV-FM comes in on home stereos and car radios quite nicely. In fact, she complains about KQCV because her seek stops on "some religious station" when flipping between KTSO and K 95! Too bad she wouldn't listen to K 95 FM when I worked there part-time!
KQCV tends to do a lot better than the signal parameters indicate, and that leads me to wonder if KOCD will do nearly as well when it comes to penetrating Oklahoma City. After all, KQCV-FM only has KHBZ-FM as a second adjacent to worry about. KOCD will have a first adjacent in KVSP-FM, which, while removed from Oklahoma City, also does much better than the signal parameters say it should, and a second adjacent in KMGL.