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North Dakota Mineral Deed  Form

North Dakota Mineral Deed Form

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Instructions and help about North Dakota Mineral Deed

hello i'm bill peterson minnesota estate planning attorney in the late 1960s i worked for a short time in the williston north dakota area when the previous oil boom was underway that boom was big then but the new petroleum rush in the bakken formation is enormous the bakken formation contains twice the oil reserves of saudi arabia and three times as much as texas now recently developed fracking technology has made previously inaccessible petroleum now open for drilling all of this has had a huge economic impact not only in north dakota but also on neighboring states such as minnesota we have seen hundreds of young minnesotans migrating to north dakota in search of high paying jobs minnesota technology companies housing operations and even restaurants are expanding into western north dakota the new wealth generation will have a great ripple effect throughout the upper midwest another impact of the north dakota boom on stay-at-home minnesotans is the explosion in value of mineral

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