Bakken independent E&P acquires Wattenberg field assets

U.S. Energy Corp., a Denver-based independent exploration and production company with assets in North Dakota, said earlier this year it would focus on acquiring additional working interest assets. The company has done so in Colorado.
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Dalrymple calls for special session because of budget shortfall

North Dakota Gov. Jack Dalrymple today announced that he has issued an executive order, calling for a special session of the state's Legislative Assembly to address necessary general fund budget adjustments for the 2015-2017 biennium.
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Billings County okays Meridian Energy Group’s Davis Refinery

California-based Meridian Energy Group received approval from the Billings County Commission to construct a new refinery near Fryburg, North Dakota. The next step is applying for a state air quality permit.
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Energy firm survey shows Q2 optimism

Expectations among oil and gas firms were significantly more optimistic this quarter, according to the Federal Reserve Bank of Kansas City. The survey showed the industry's thoughts on activity possibilities, hiring trends and oil price averages.
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API: New PHMSA rules will adversely impact the Bakken

The American Petroleum Institute and the Independent Petroleum Association of America both say new rules proposed by PHMSA are an overreach that will adversely impact small gas gathering companies, especially in the Bakken.
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C&J Energy embarks on restructuring plan to maintain daily work

C&J Energy Services will undergo a restructuring support agreement with its major lenders. Through its restructuring plan, the global energy services firm will convert its debt into common equity. C&J will continue daily operations.
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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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