North Dakota tribe eyes oil and gas development
Wednesday, May 21, 2008
Filed Under:
Business
The
Mandan, Hidatsa and Arikara Nation is hoping to attract oil and gas development to the Fort Berthold Reservation in North Dakota.
The reservation sits within the
Bakken Formation, a large repository of oil. The tribe has seen development increase outside the community and now hopes to achieve the same success.
Chairman Marcus Wells Jr. said the process was difficult because federal law required 100 percent of the owners of allotted lands to sign leases. Only 51 percent is needed now.
Nearly half of the tribal and allotted lands have since been leased for development.
Get the Story:
Three Affiliated Tribes see future prosperity in oil
(The Bismarck Tribune 5/21)
Ft. Berthold Holds Energy Conference (KXMC 5/20)
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