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Monday, April 30, 2012

Pace of Development in the Bakken: --> "One New Mall of America Every Month -- Incredible

From the wireline:
Imagine building one new Mall of America every month.  That's the pace of development going on in the booming Bakken region that is quickly transforming western North Dakota into an economic powerhouse.  Minnesota companies are taking notice and sending employees, cash and goods, or buying companies with hopes of getting a slice of the Bakken.  Many Minnesota firms already are there.  Some have big stakes in the oil business, such as Wayzata-based Northern Oil & Gas Inc., which controls about 170,000 mineral acres in the Bakken, and Wayzata-based Black Ridge Oil & Gas Inc., a Minnetonka company that controls 20,000 acres of oil territory. -- Minneapolis/St Paul Business Journal, subscription required.

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