MRO denied: link here. See this post for background and graphics.
North Dakota's Board of University and School Lands has denied a leasing extension to an oil company that has sought to develop several Badlands mineral tracts since 2013.
After posting this note confusing the NDIC with the ND Board of Trust Lands I received a nice note and clarification from a reader:The panel of five state elected officials chaired by Gov. Doug Burgum voted unanimously at its meeting Thursday morning to deny Marathon Oil's request for another 360-day leasing extension. The company has faced rough terrain, mixed landownership and protected species requirements in siting a drill pad.
It is a pre-full cup of coffee this morning, but as to your post this morning with its reference to decisions by the NDIC---there needs to be a clarification between the Land Board and the NDIC Oil and Gas Division. The Marathon decision was by the ND Board of Trust Lands. This Board among other duties manages the state-owned minerals [as well as surface ownership and other responsibilities].
Below is the link that takes one to minerals management by the Board.
This is a separate entity from the Oil and Gas Division of the Industrial Commission.This was a nice note to have received. I missed the note when it was originally sent to me and that is the reason for the delay in posting.
I was confused exactly "who was what" and this is a big help.
Big "thank you" to the reader.
I had suggested that it was the NDIC that made the ruling; I was wrong -- as the reader notes. Two different entities involved.