He just didn't confirm it. By this fall every one of these lots will have a house. [6]Jurassic's member control agreement, executed on January 26, 1998, provides in part: 3.08Additional Capital Contributions. The dust busters in Williams County discovered that spraying a soy-based oil works well, but it isnt practical because it makes the roads taste so good that cows come out of the fields and try to eat them. WebLoren Kopseng. Court Records. I tried for almost a year to apply online and calling people and no one would hire me. It has confounded kids running lemonade stands: 50 cents a cup but your customer has only hundreds in his payday wallet. If you hold a piece of Middle Bakken, its hard to believe it contains oil at all, or that it could function as a reservoir for oil migrating under pressure from the carbon-rich shale around it. Jundt, the only individual or entity claiming diversion of a Jurassic corporate opportunity, owns fewer than one-third of the membership interest units in Jurassic. The company's principal address is 919 S 7th Street Suite 405, Bismarck, ND 58504-5835. Ed.). The edge of the thermally mature part of the oil field. Last February he wrote in The Bismarck Tribune that the states politicians were not hearing what everyday people out here are saying that is, stop the oil madness wreaking havoc with the land, wildlife and Western heritage weve long cherished. Not long before, the Crosby Journal editor Cecile Krimm called the region an economic disaster area, citing swamped sewage systems, crumbling roads, dizzy rents and labor shortages as reasons that officials ought to be trying to brake a runaway train. North Dakotans are as proud of their Capitol as they are of their boom-based unemployment rate (3.2 percent, lowest in the nation), and many were stung when a Minnesota state legislator last spring compared it to the headquarters of an insurance company. Accordingly, the trial court was without authority to grant equitable relief under N.D.C.C. Early treatments there were called Hail Mary fracks because geologists and engineers would just drill a well, pump in frack fluid and pray for a robust result. It has ginned up an unreleased reality show called Boomtown Girls, which follows the lives of five bold and brave sisters in the formerly drowsy farm center of Williston, N.D. Williston, whose population has tripled in the past 10 years, lies in the middle of the 150,000-square-mile Williston Basin, a depression in the crust of the earth that geologists now believe contains one of the largest oil fields in the world. WebLOREN KOPSENG Manager, Member 919 S 7th St Suite 405 Bismarck, ND 58504 Reviews Write Review There are no reviews yet for this company. WebDawn M Kopseng, 75 Resides in Bismarck, ND Lived In Mandan ND Related To Sander Kopseng, Loren Kopseng, Ryan Kopseng, Leah Kopseng Includes Address (3) Phone (1) See Results Dawn M Gittel, 51 Resides in Bismarck, ND Lived In Mandan ND, Gilbert AZ Related To Jayden Gittel Also known as Dawn M Schumacher, Dawn Gittle, Dawn M In a way, of course, this kind of frontier is as much a state of mind as an actual place, a melancholy mood you cant shake as you drive all day in a raw spring rain with nothing but fence posts and featureless cattle range for company thinking, Is this all there is? A.C. Petters Co., Inc. v. St. A decade ago you could have spread a picnic blanket on a lot of back roads in western North Dakota and safely taken a nap. The same article said United Energy in 2012 earned a net profit of $44.8 million on revenues of $5.7 billion. The rigs, they dont shut down for anything out here. North Dakotans are among the most prudent people in North America even amid record surpluses, the electorate last year rejected a proposal to abolish property taxes and their history tells them that after the tumult of a boom, the landscape, in the words of former Gov. The only problem you got is if you move in with somebody that you dont like very much. He went broke twice, maxed out his credit cards and even borrowed money from his mother loans that came with sharp remarks about his clothes and hair. at 22. Loren currently resides at 2750 Wilderness Cove Rd, Bismarck, ND. Word on the street in Bismarck recently, the open secret even, was that Kopseng was the name connected to buying Coal Creek, the massive power plant slated But oil development, and fracking in particular, raises little of the hue and cry it does in Eastern states sitting above the natural gas in the Marcellus shale. Under any test, a corporate opportunity exists when a proposed activity is reasonably incident to the corporation's present or prospective business and is one in which the corporation has the capacity to engage. And then they would go back to their cars and trucks to wait with the engines running, their faces wreathed in coffee steam. And then around seven years ago driven by technological refinements that have made North Dakota a premier laboratory for coaxing oil from stingy rocks the states Bakken boom began in Mountrail County. Nearly 40 years ago, when the boom of the moment was lignite coal, not oil, Link gave a speech at an annual meeting of the North Dakota Rural Electric Association. WebView Loren Kopseng results including current phone number, address, relatives, background check report, and property record with Whitepages. Monthly oil production, which peaked in 1984 at 4.6 million barrels, fell to half and then went sideways for nearly a quarter-century. People asked me why I dont gamble, Kopseng said, digging into his lunch. But you just got so much influx from Texas, Louisiana, Pennsylvania, California, and people are just rude and inconsiderate. until finally you get out at some windswept intersection and gratefully fall on the fellowship of a dog-faced bar with a jukebox of songs about people on their way to somewhere else. The former landman who told me this Brent Brannan, now director of the North Dakota Oil and Gas Research Program said he sometimes thought he could see the whole boom in that one image, briefcases waiting for the day to start, and it killed him a little that he never took a picture. Later, they and others formed a number of other companies, including Rainbow Gas, Rainbow Energy, Montana Heartland, L.L.C. Traffic used to be so scarce that drivers would wave as they passed an oncoming car; now there are record numbers of accidents. "I'm supposed to say no comment," Kopseng said Wednesday, June 2, when reached by The Forum and asked directly whether he and the company of which he is president and CEO were negotiating to buy the coal-burning power plant located near Underwood, N.D. After a pause he said, "There should be something in a couple of weeks.". Petroleum geologists have known the cookie was full of light, sulfur-free oil since 1953, but they didnt know exactly how much or how to extract it economically. South of the river, the boundary was marked by Highway 49. Corps. Keep an eye out for radio towers, Kopseng said over the headset. The actual amount of the tax write-offs is controlled by Article IV of the Member Control Agreement. https://www.nytimes.com/2013/02/03/magazine/north-dakota-went-boom.html. Burgum's administration in March announced that Great River moved into exclusive negotiations with a prospective new owner for the plant. Reviews. Rainbow Energy Marketing Corp. a subsidiary of United Energy Corp., a Bismarck-based firm run by the oil tycoon Loren Kopseng has never owned a coal-fired power plant. [19]The trial court found: All tax write-offs were by agreement of the parties to go to the money investors in the business venture they mutually agreed to pursue. The court explained in its memorandum opinion: Jundt as the owner of 4,925 units of Jurassic since March 9, 2000, (Exhibit 436), claims he should have received (and presumably should continue receiving) about one-third of the tax benefits claimed by the three corporate defendants Jundt refused to provide CPA Nitschke with his tax returns as he refused to provide them to the defendants Without Jundt's personal tax information the impact of this tax benefit cannot be accurately calculated nor can its impact on Jundt's taxes be determined. Jurassic Resources may make dividend payments to pay back the capital contribution amounts plus interest at their discretion anytime Jurassic Resources has the ability to pay dividends. BISMARCK It's not like Loren Kopseng vehemently denied the company he runs, United Energy, is buying Coal Creek Station. The trial court did not specifically adopt or reject the special master's determination the Fair Market Value of the reserves and future production and income attributable to certain leasehold interests and the Pine Gas Gathering System of Jurassic et al as of November 27, 2001 was $2,286,000. In an action by a member when it is established that: (1)The governors or the persons having the authority otherwise vested in the board of governors are deadlocked in the management of the affairs of the limited liability company and the members are unable to break the deadlock; (2)The governors or those in control of the limited liability company have acted fraudulently, illegally, or in a manner unfairly prejudicial toward one or more members . (The sand, or proppant, props the channels open.) WebCompany Contacts LOREN KOPSENG Officer 919 S 7th St Unit 405 Bismarck, ND 58504 Reviews Write Review There are no reviews yet for this company. Most of the Bakken oil is tight. The rocks are not porous and permeable enough for the oil to flow on its own. Dynamic search and list-building capabilities. Whether or not a given opportunity meets the requisite relationship is largely a question of fact to be determined from the objective facts and surrounding circumstances existing at the time the opportunity arises. My husband and I both grew up as military kids, so were just doing whats gotta be done to help us move forward.. In 2012 the company earned a net profit of $44.8 million on revenues of $5.7 billion. [15]The defendants contend Jundt waived his right to challenge the special master's determination by failing to provide the special master any evidence he possessed that Jurassic had a higher value. They argue Jundt should not have been allowed to challenge the special master's findings at trial, because he did not file objections' to the report by November 27, 2001. However, on November 27, 2001, the first day of trial, the trial court noted the time for objecting was still running.. . FindLaw.com Free, trusted legal information for consumers and legal professionals, SuperLawyers.com Directory of U.S. attorneys with the exclusive Super Lawyers rating, Abogado.com The #1 Spanish-language legal website for consumers, LawInfo.com Nationwide attorney directory and legal consumer resources. They have also lived in Queen Creek, AZ and Bismarck, ND. Rodeo winds were bucking the Husky all over the sky, but nothing could dampen his enthusiasm for the sights of the basin nothing save my stomach. The first horizontal well in the Bakken was spudded by Meridian Oil in 1987, long before the current boom. Ive had two different jobs. Valuable research and technology reports. The collapse of North Dakotas last oil boom, 30 years ago, left unfinished developments and deserted homes in its wake. A dog inside a truck outside Hampton Inn and Suites, Williston, N.D. Customers waiting for Walmart to open. WebAddress: 919 S 7TH St Ste 405 Bismarck, ND, 58504-5835 United States See other locations Phone: ? WebRelated To Sander Kopseng, Stephanie Kopseng, Loren Kopseng, Dawn Kopseng. . WebLoren Kopseng Active Bismarck, ND Chairman for Rainbow Energy Marketing Corporation (701)222-4909 Overview 6 Companies 15 Connections 4 Locations

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