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Karen Kopseng Obituary (2006) - Bismarck, ND - The Bismarck employs almost 250 people Comprehensive company profiles. In July the World Bank reported that flared gas from the Williston Basin was the main reason the United States has jumped to 5th from 14th (behind Russia, Nigeria, Iran and Iraq) on the list of gas-flaring nations. 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? (5)An event of dissolution has occurred under subdivision a, d, or e of subsection 1 of section 10-32-109 but the limited liability company is not acting to wind up its affairs; (1)The claim of the creditor has been reduced to judgment and an execution on the judgment has been returned unsatisfied; or, (2)The limited liability company has admitted in writing that the claim of the creditor is due and owing and it is established that the limited liability company is unable to pay its debts in the ordinary course of business; or. One rainy May morning, I headed out to see the oil patch by car, driving north from Bismarck 110 miles to Minot, then west on Route 2. This is the boom that is going to change everything without the remorse and misgivings that have marked the aftermath of so many past orgies of resource extraction. At the time, North Dakota was ranked ninth among U.S. oil-producing states. Ryan Kopseng - Executive Vice President - United Energy - ZoomInfo Corps. A spokesman for North Dakota Gov. The chances are good. There was undisguised horror in Kopsengs voice when he realized I had been obliged to open an airsickness bag in the back seat. Theres a couple of small towns that weve been checking out.. Bismarck Best of all, in a state where until recently young people often had to leave to find work, his two sons Ryan, an oilman, and Sander, a lawyer joined the company and built successful careers down the hall. But hes honest enough to concede (with an anguished moan) that his private-enterprise principles arent hypocrisy-free, given that his own bacon has been saved many times by the state-owned Bank of North Dakota, which became prominent when North Dakota was a bastion of radical agrarian populism in the 1930s. By 2010 it had climbed to fourth. We affirm in part, reverse in part, and remand for further proceedings. The cases offer a variety of justifications for a corporation's rejection of an opportunity, including the corporation's financial inability to take the opportunity. Hoeft has been in Williston for four years and currently lives in his Chevrolet Suburban rents for a two-bedroom run $2,400 a month, and he is still paying off his mortgage back in Wisconsin, where hes from. If you feel you have received this message in error, please contact the customer support team at 1-833-248-7801. Dynamic search and list-building capabilities. Whether Great River was closing the plant because it was losing tens of millions of dollars a year and its customers were demanding green energy, as it said, Potential new owner in talks to save North Dakota's largest coal-fired plant, Marked for closure, North Dakotas biggest coal-fired power plant looks for a new tech lifeline, McFeely: Report blasts expensive ND project meant to save coal plant, Workers, communities fear closing North Dakota's largest coal plant will destroy their way of life, North Dakota's largest coal-fired power plant will shut down in 2022 unless new buyer can be found, Lawmakers passed several bills meant to buoy the coal industry, A 2013 New York Times article on North Dakota's oil boom included a mini-profile of Kopseng, state leaders are championing the idea North Dakota could become a world leader in carbon-capture technology. People arent interested in stepping back.. This practice raises the atmospheric levels of carbon dioxide, the gas primarily responsible for global warming. I stopped for gas at a Cenex convenience store called Bakken Central, where help was wanted for all days, all shifts. Keep an eye out for radio towers, Kopseng said over the headset. [12]The defendants contend the parties stipulated they would be bound by the special master's findings of the fair market value of Jurassic as of the date of trial. The special master found 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. The plaintiff and the defendants no longer have a business relationship that will allow them to work together. The company's principal address is 919 S. 7th Street Ste 405, Bismarck, ND 58504 and its mailing address is Po Box 837, Bismarck, ND 58502-0837. Down below, dust clouds were boiling around a convoy of trucks hauling frack water and equipment on a county road. Shallow gas leases were acquired and developed into production in Montana through the efforts of the plaintiff and capital and loans contributed by the corporate defendants, as well as the efforts of the defendant Loren R. Kopseng. Loren Kopseng - $5,400 in Political Contributions for 2010 10-32-119(1) authorizes a court to grant such equitable relief in only limited circumstances: 1. Long before the full frenzy of the boom, you could see its harbingers at the Mountrail County courthouse in Stanley, N.D. Geologists had pored over core samples and log signatures and had made their educated guesses, and now it was the hour of the landmen, the men and women whose job was to dig through courthouse books for the often-tangled history of mineral title and surface rights. We tried to diversify our economy and create more permanent jobs. But now, land near the airport that was $500 an acre a decade ago was selling for as much as $180,000 an acre; the airport itself was slated for relocation. Court Records. It was locally owned, and the man sold the building for an enormous amount of money to somebody from out of state. Why United Energy? Later, as improved instruments gave drillers a more precise sense of where they were and what kind of rock they were in, they were able to steer drill bits between the black halves of the Oreo. We crossed the Missouri River, the plane beating on above a sea of grass. Green junipers blazed on the broken rainbow clay and sandstone cliffs of the North Dakota Badlands, where 26-year-old Theodore Roosevelt came in 1884 to recuperate after the deaths of his wife and his mother on the same day. Loren Kopseng 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 for closure in 2022 by its current owner, Great River Energy of Minnesota. Kopseng is a conservative Republican, and like many North Dakotans, he includes government regulation in the same category of pleasant experiences as droughts, floods, grasshoppers and prairie fires. compared it to the headquarters of an insurance company, well-publicized investigation by the news Web site ProPublica. Loren currently resides at 2750 Wilderness Cove Rd, Bismarck, ND. A party opposing summary judgment must present evidence raising an issue of material fact. I dont need to gamble because the oil and gas business is gambling. Loren Kopseng OfficialUSA.com Records Jundt made no showing Jurassic had the financial ability to take the opportunity without additional investment of money or credit by the owners. Landowners have land rights but dont always have rights to whats underneath it, the minerals. Almost half of the kids that are there are from out of state. He has since dropped out and is busing tables at Grandma Sharons Family Restaurant. Nor have any grounds for ordering a sale of membership interests under N.D.C.C. The trial court concluded, among other things: 12. One reason for the lack of dissent may be that there just arent that many people in North Dakota the state has a population density of less than 10 per square mile; Pennsylvania has 284, New York 411 and the people who are there appear to have weighed the benefits against the costs. 14. More than a third of the gas that comes out of the oil wells in the basin was being flared off, but that percentage is declining as pipelines and facilities to process it come online. 10. Im just born and raised in Minnesota, and I just dont care to move out there with all the commotion and things like that. Previously city included Mandan ND. Any payment or transfer accepted by the Company from a Member which is not a capital contribution complying with Section 3.01 shall be deemed a loan and shall neither be treated as a contribution to the capital of the Company for any purpose hereunder, nor entitle such Member (as such) to any increase in such Member's Percentage Interest. . Its a very hard industry to break in to. Contact us. Doug Burgum deferred questions about Coal Creek to Great River Energy, which declined comment citing nondisclosure agreements with potential buyers. [5]Russell, Kopseng, Tschider, and Jundt executed an after-payout statement of membership interest on January 26, 1998, providing, in part: Time of Repayment. That gets old, that does get old. Brandi and Zachary broke up last week. Contact & Personal Details. [28]The judgment is reversed to the extent it ordered cancellation of Jundt's membership interest units in Jurassic, ordered payment of $300,000 to Jundt, and denied Jundt's claim to tax write-offs. [16]Jundt and the defendants told the trial court they wanted to sever their business relationship. coach Phil Jackson. It was almost possible to imagine the land as it appeared to Lewis and Clark when the Corps of Discovery came up the Missouri in 1804 but only if you looked past the toy-size trucks crawling west on Interstate 94 with drill pipe and water tanks; and the locomotives lumbering east with hundred-unit trains of black oil-tanker cars in tow. WebUnited Energy Corp. CEO and President Loren Kopseng, left, and Gov. Koeser, a 63-year-old former math teacher whose grandfather came to North Dakota to farm in 1901, started a communications company that sold field radios during the oil boom of the early 80s. He was elected to the Board of Commissioners in 1994 and returned to office five times. It took me all night. We were a graying community. Relatives & Associates. Plane makes emergency landing at Bismarck airport
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