Bakken refinery gains new owners

Tesoro Refining & Marketing Co. LLC has re-upped its investment in the Bakken. The Texas-based company that currently operates an oil refinery in Mandan, North Dakota, has purchased the Dakota Plains Refinery with plans for updates.
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Williston Basin area sees improvement in jobs numbers

Although low oil prices have hurt employment in the Bakken, there are signs that an improvement in prices and ongoing infrastructure projects are helping to reverse that trend, according to Cindy Sanford with Job Service North Dakota.
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Despite loss, Northern Oil and Gas remains in strong position

Bakken non-operator Northern Oil and Gas Inc. reported a $126.6 million loss for the first quarter of 2016. However, the company said it's in a strong position to continue the execution of its business plan.
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Montana DNRC approves new Williston Basin well site

A permit to drill a vertical well in the Red River formation of the Williston Basin in Montana could lead to the first drilling activity in the state in for more than half a year.
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Condor Petroleum selling Bakken, Three Forks properties

Condor Petroleum Inc. has announced plans to sell non-operated and operated Bakken and Three Forks properties. The non-operated Bakken and Three Forks asset-based includes connections to several major operators.
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ND tax report shows impact of low oil in Q1 2016

The release of North Dakota's 2016 first quarter taxable sales and purchase report paints two separate pictures regarding the state's economy.
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Industry Events

Unconventional Resources Technology Conference (URTeC)

August 1-3, 2016
Henry B. Gonzalez Convention Center
San Antonio, Texas

2016 OKC Oilfield Expo

August 17-18, 2016
Cox Convention Center
Oklahoma City, Oklahoma

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