BROADUS — Gov. Steve Bullock joined oil company officials Friday to laud the state’s first production carbon dioxide injection oil field as a big step forward.
Mike and Chris Nelson’s gift to Billings came wrapped with a giant red bow.
The pessimists are right for now: The Heath oil play cutting a swath across Central Montana is no match for the Bakken.
Montana's oil production soared to 48 million barrels a year after Denver oilman Sam Gary discovered the prolific Belle Creek oil field in southeastern Montana in 1967.
CASPER — Denbury Resources Inc. announced it will acquire a sizable stake in the Riley Ridge Federal Unit in western Wyoming. It will pay $115 million to buy out Wold Oil Property’s 42.5 percent interest in Riley Ridge, according to those close to the project.