Business | Environment
North Dakota tribe hopes to tackle $100M debt
The Mandan, Hidatsa and Arikara Nation of North Dakota remains more than $100 million in debt, Chairman Marcus Wells Jr. said.

Wells said royalties from oil development on the reservation reduce the debt and prevent future deficits. Then the tribe will be able to set aside more money for its member, he said at a tribal energy conference that ends today.

The tribe is on its way to increasing development. Marathon Oil Co., the fourth largest independent oil producer, as starting drilling on the reservation.

Get the Story:
Development long overdue (The Minot Daily News 5/22)
Marathon drilling well on Fort Berthold (The Minot Daily News 5/22)
Fort Berthold energy conference discusses on oil (AP 5/21)

Related Stories:
North Dakota tribe eyes oil and gas development (5/21)

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mha nation
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