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ND Watchdog Network 2017 Legislative Half-Time Report

North Dakota, legislative report

Yesterday marked the end of the first half of the legislative session. Next week, bills that passed one chamber will cross the hall to the opposite chamber to be discussed and voted on. Here are just a few of the highlights of the good bills that are still alive in the legislature: House and Senate Pass Corporate Welfare Reform HB1182 shifts costs of ...

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Dealogic reports record-breaking M&A deals

Bakken shale play

A couple of “mega-deals,” including a $17.2 billion takeover of ONEOK Partners by its parent firm, are part of a record-breaking quarter of M&A transactions that showed total oil and gas deals at the start of 2017 are four times what they were last year during the same time-frame, reports Dave Forest of Oiloprice.com. A recent report by M&A specialists ...

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ND House defeats property tax reform bill

property tax reform

Yesterday, the North Dakota House of Representatives voted against HB 1326, the tax bill that Managing Director of the North Dakota Watchdog Dustin Gawrylow calls “a critical piece of pro-taxpayer reform that can and should be the beginning of real property tax reform” in North Dakota. The basic premise of the bill: Every political subdivision shall have an affirmative control ...

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Dynasty Downhole Services Acquisitions Expand North American Capabilities

Dynasty Downhole Services, Fishing, oilfield services, M&A

Lafayette, LA.–Dynasty Downhole Services has expanded their North American services with the recent purchase of Key Fishing & Rental’s Deepwater assets in Houma, Louisiana and Slaugh Fishing Services with services centers in Vernal, Utah, Ft. Collins, CO and Watford City, ND; bringing the total number of Service Centers to eight.   The Dynasty leadership team offers over 150 plus years of hands-on experience ...

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Spray foam for agriculture? Here’s why farmers should think about it…

spray foam, profoam, agriculture

Most people typically think about spray polyurethane foam for home construction, commercial buildings, and roofing since it prevents leaks, wards off humidity and mitigates temperature fluctuation. It makes heating and cooling more cost-effective. But SPF has applications far beyond homes and commercial buildings. Spray foam is now being used by a diverse number of industries. Farmers and ranchers have begun ...

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Real Estate Developer Mike Marcil Awards $25,000 Grant to PATH, Inc.

Path Inc grant check, Mike Marcil

January 30, 2017, Fargo, North Dakota– Mike Marcil, CEO of Aalton Real Estate LLC., a Fargo-based commercial and rental real estate company, awarded a $25,000 grant to the PATH Family Support Program in Fargo, North Dakota. The grant will be used to support the recruitment and retention of licensed foster families to serve in the PATH Family Support Program. Additionally, the ...

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Noble Energy makes bold M&A moves

rig count

With a recent Permian Basin acquisition worth around $6 billion, Exxon Mobil isn’t the only oil and gas company making waves in the new year. Noble Energy announced Jan. 16 it plans to acquire Clayton Williams Energy for $2.7 billion in Noble Energy stock and cash. The Noble Energy press release notes the acquisition will advance the companies goals within the ...

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Hickenlooper praises Colorado clean energy production in State of the State address

Hickenlooper, state of the state, Colorado energy

Colorado Gov. John Hickenlooper’s sang the praises of energy production in his State of the State address Thursday. Hickenlooper was focused on economic growth and the ability of the state’s businesses to compete equally on the global stage, with specific mention of rural incentives and job training as imperative to keeping up with the rest of the world. However, when it ...

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Burgum addresses budgeting and tribal relations in State of the State address

Doug Burgum

In the 2017 State of the State address, Governor Doug Burgum addressed four main topics–two linked specifically to oil and gas. An acute budget shortfall in North Dakota is the first of those concerns, and tribal relations, partly due to the continued disagreement about the Dakota Access Pipeline river crossing near Cannonball is the second. Yet Burgum’s tone was optimistic ...

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