Archive for the ‘Montana Oil’ Category

North Fork has plenty of oil, gas leases in U.S.

Thursday, March 27th, 2008
posted by admin

The North Fork of the Flathead is blanketed by oil and gas leases and they’re not in Canada — they’re right here in Montana, just north of Columbia Falls on Flathead National Forest lands.

The leases date back to the 1970s and have been held in what amounts to legal limbo since 1985, when James R. Conner of Kalispell, members of the Montana Wildlife Federation and the Madison-Gallatin Alliance sued Robert Burford, director of the Bureau of Land Management.

In early 1981, the Forest Service issued environmental assessments recommending that 1.3 million acres of land in the Flathead and Gallatin National Forests be leased for oil and gas development.

Read the story here:

http://www.hungryhorsenews.com/articles/2008/03/20/news/news01.txt 

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Carbon Output Must Near Zero To Avert Danger, New Studies Say

Monday, March 10th, 2008
posted by admin

The task of cutting greenhouse gas emissions enough to avert a dangerous rise in global temperatures may be far more difficult than previous research suggested, say scientists who have just published studies indicating that it would require the world to cease carbon emissions altogether within a matter of decades.

Read the entire story here:

http://www.washingtonpost.com/wp-dyn/content/article/2008/03/09/AR2008030901867.html

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Trout Unlimited acquires petroleum leases on Rocky Mountain Front

Wednesday, March 5th, 2008
posted by admin

nother company has transferred federal energy leases to a conservation group, further reducing the possibility of natural-gas development on public lands along Montana’s wildlife-rich Rocky Mountain Front.

Trout Unlimited said Tuesday that it received leases the Kohlman Co. held for potential gas work on the Front, the rugged expanse where the mountains meet the plains for about 100 miles south of Glacier National Park. Trout Unlimited, which has joined other groups in declaring the Front too environmentally sensitive for oil or gas drilling, said it intends to return those leases to the federal government.

Read the entire story here:

http://www.helenair.com/articles/2008/03/05/state/79st_080305_petroleum.txt 

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Montana’s Tester Calls for Better Oil & Gas Lease Process at Hunter & Angler Fundraiser

Sunday, March 2nd, 2008
posted by admin

In the evening’s featured address, Senator Jon Tester, D-Mont., said that a number of “big issues,” including rampant oil and gas development, global climate change, and restricted public hunting and fishing access to private land all threaten Montana’s hunting and fishing heritage. He criticized the Bureau of Land Management for a lack of safeguards to protect wildlife species and their habitat in their procedures for leasing oil and gas development across the West.

Read the entire story here:

http://www.newwest.net/city/article/tester_calls_for_better_oil_gas_lease_procedures_at_hunter_angler_fundraise/C8/L8/

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Company proposing testing for oil, gas potential near Lima, MT.

Tuesday, February 26th, 2008
posted by admin

A Nevada energy company is planning to conduct seismic testing near Lima this year to determine the potential for oil and gas drilling.

Green River Energy Resources filed a notice of intent to conduct the testing along 26 miles of seismic lines on state and federal land west of Lima. The lands are a mix of state, U.S. Forest Service and Bureau of Land Management property near the Big Sheep Creek drainage.

BLM officials expressed concerns about the testing’s impacts on area wildlife, especially in spring and summer when Green River is proposing the work. The testing involves underground blasting.

Read the entire story here:

http://www.mtstandard.com/articles/2008/02/26/state_top/20080226_state_top.txt

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MT tribes to take over oil-well regulation

Monday, February 11th, 2008
posted by admin

Tribes of the Fort Peck Indian Reservation want to take the federal government’s place in regulating a type of well associated with oil and natural gas projects on the northeastern Montana reservation.

The U.S. Environmental Protection Agency’s regional office in Denver has found the Fort Peck Assiniboine and Sioux Tribes capable of issuing permits for the wells and regulating them. The agency plans a public hearing Feb. 29 at Fort Peck Community College in Poplar.

The tribes would become the nation’s first to oversee the permitting and regulation of underground wells that are injected with a type of salty water that is a byproduct of oil and natural gas production, said Steve Minter, environmental protection specialist at EPA’s regional office.

Read the entire story here:

http://www.helenair.com/articles/2008/02/11/state/80st_080211_tribes.txt 

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Montana’s Black Gold

Thursday, January 17th, 2008
posted by admin

Montanans are already veterans of the battles oil brings: from the donnybrook inspired by oil companies’ lust to drill on the Rocky Mountain Front to larger concerns over global warming’s influence on the state’s snow pack and fire seasons. Those fights will continue. In the meantime, Montana must choose what to do with the oil money generated over the next decade—to say nothing of the more nebulous social effects of petroleum addiction across the state.

Read the entire story here:

http://www.missoulanews.com/index.cfm?do=article.details&id=848CE158-D504-8E5C-483D12C20F5E2F4E

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Montana’s Governor says door open to Oil companies fed up with Alberta’s royalty hike

Wednesday, October 31st, 2007
posted by JR

“When you drill in Montana, you don’t even pay the taxes for the first 12-18 months. We have a tax holiday,” said Schweitzer.

 Read the Article here: http://www.canada.com/vancouversun/news/westcoastnews/story.html?id=f1cc9ddc-aa17-4761-ade5-581be4810bbf

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> Stock investors warned of scams

Wednesday, October 24th, 2007
posted by admin

A U.S. securities regulator Tuesday warned investors to be wary of scams touting huge potential profits from energy-related stocks, when the only people likely to make money are those running the schemes.

Read the entire story here:

http://www.canada.com/calgaryherald/news/calgarybusiness/story.html?id=096cd9ef-7370-4bbd-b509-c88d0607840c

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> MDU-Resources Group posts record profit

Wednesday, October 24th, 2007
posted by admin

MDU-Resources Group Inc. has surpassed last year’s record profit in the first nine months of 2007, led by the highest earnings for a quarter in the company’s 83-year history.

The Bismarck-based energy, mining and construction company posted record earnings of $201.1 million for the third quarter this year, due in part to a $91.5 million gain from the sale of power production assets. The third-quarter earnings compared with $108.3 million for the same quarter a year ago.

Read the entire story here:

http://www.casperstartribune.net/articles/2007/10/24/ap-state-wy/d8sfkq180.txt

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