Algeria attack could boost Norwegian stake in ND’s Bakken
January 23, 2013 in The Dickinson Press
GRAND FORKS Last week’s terrorist attack on an Algerian oil facility could divert Norwegian oil giant Statoil to increased oil production in safer regions, including North Dakota’s Bakken and Three Forks formations, where the two-thirds government owned Statoil already has made a heavy investment. Continue Reading
WILLISTON Residents of one of Williston’s newest neighborhoods now have an up-close view of a drilling rig.
Norwegian oil company Statoil ASA said Monday it has agreed to buy Texas-based Brigham Exploration Co. for $4.4 billion in cash, giving it control of fields in North Dakota.
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