N.D. Gives Company Six Months To Resume Oil Production

North Dakota regulators say a Denver oil company has six months to restart an oilfield production unit.

 

 

 

 

DICKINSON, N.D. (AP) - North Dakota regulators say a Denver oil company has six months to restart an oilfield production unit.
 
The unit covers about 1,500 acres. North Dakota mineral resources director Lynn Helms says it was created in 2002. It used underground water injections to try to boost oil production.

Helms says one of the injection wells failed and there were other problems.
 
The unit hasn't produced much for the last few years.

Two men who get a share of money from production have complained about how New Millennium Resources of Denver is running the unit.
 
North Dakota's Industrial Commission has ordered New Millennium to resume oil production in the unit by November.
 
Helms says it's tough for companies that are working on smaller projects to raise money to keep them going.

 

AP

   

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