An abandoned building off Highway 23 in the Williston Basin. 1. Phone number, address, and email on Spokeo, the leading people search directory for contact information and public records. To assess the impact, the state highway department has a special van that drives around with an onboard computer, an infrared detector and six cameras and produces a ride rating for every mile of the regions highways; the higher the number, the worse the ride. He makes $12,000 to $14,000 a month. At FindLaw.com, we pride ourselves on being the number one source of free legal information and resources on the web. Its all but impossible to find a place to stay in Williston, but on weekends many oil workers clear out, and I was lucky to get a motel room with a cracked plastic bathtub that had been cleverly patched with duct tape. [10]Jurassic, Missouri River, Rainbow Gas, and Rainbow Energy contend the district court abused its discretion in awarding Jundt $300,000 as an equitable remedy. The sandstone of the Middle Bakken retained the shape of the drill bore better than the Bakken shale. The wind and the cold.. Karen V. Kopseng, 61, Bismarck, passed away Oct. 19, 2006, at Medcenter One, Bismarck. Loren Kopseng - Address & Phone Number | Whitepages The Court intends through its equitable resolution to end all controversy among the parties so they can all get on with their own endeavors free and clear of any concern about anything anyone is doing with Jurassic. We arent going to do anything to jeopardize it. . The best result we found for your search is Dawn M Kopseng age 50s in Mandan, ND. [22]Jurassic was negotiating to acquire WBI properties before Jundt left Jurassic. The rain lifted outside Stanley at the junction of Route 2 and Highway 8 stretches of which had the worst road ratings in the state. 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. [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.. The law has long recognized the doctrine of corporate opportunity which prohibits one who occupies a fiduciary relationship to a corporation from acquiring, in opposition to the corporation, property in which the corporation has an interest or tangible expectancy or which is essential to its existence. 3 Fletcher Cyc. TermsPrivacyDisclaimerCookiesDo Not Sell My Information, Begin typing to search, use arrow keys to navigate, use enter to select, Stay up-to-date with FindLaw's newsletter for legal professionals. What may be even more remarkable than the growth of the past two years is the extent to which the oil comes from one group of rocks. Under any of the theories, Jundt has failed to meet his burden. Why United Energy? Doug Burgum visit on Monday at the event to celebrate the closing of the sale of Coal Creek Station to Monthly oil production, which peaked in 1984 at 4.6 million barrels, fell to half and then went sideways for nearly a quarter-century. Theres a lot of other people out there that are still living in trailers and stuff. Jenkinson, a humanities professor, is a North Dakota author and columnist best known for his impersonation of Thomas Jefferson on public radio. Below was the country of the Missouri Slope, where homesteaders discovered the fallacy that rain followed the plow. The plaintiff's claims against the defendant Loren R. Kopseng are DISMISSED WITH PREJUDICE. Bismarck 53 and there is no evidence establishing the special master's findings were clearly erroneous. Landowners have land rights but dont always have rights to whats underneath it, the minerals. . North Dakotas last oil boom, 30 years ago, collapsed so quickly when prices crashed that workers in the small city of Dickinson left the coffee in their cups when they quit their trailers. Brandi had plans to attend beauty school. I think the only oil-field one Ive done is this guy who got a bunch of worms on his arm. Water trucks in the parking lot wore petticoats of mud. Theres so many companies that are providing housing. He brokered oil-field equipment; he bought and sold leases; he jumped into the natural-gas market just as it was being deregulated. New or freshly painted pump jacks were nodding over recent discoveries. Its a very solitary existence, being up there. We simply want to ensure the most efficient and environmentally sound method of utilizing our precious coal and water resources for the benefit of the broadest number of people possible. ADDITIONAL LINKS Post Question For This Company Contact Us Regarding Your Company Profile All Companies Named UET By 1997, Russell and Kopseng consolidated several energy businesses into United Energy. . Brandi Wagner, 24, from Spokane, Wash., with her ex-boyfriend, Zachary Bolton, 27, a computer technician for American Casing and Equipment. It transports by rail 82,000 barrels of oil a day to refineries. Kopseng told the Times he turned things around in the mid-1980s after he met Mandan businessman Don Russell. Loren Kopseng in Bismarck, ND - Address & Phone A 2013 New York Times article on North Dakota's oil boom included a mini-profile of Kopseng We see that you have javascript disabled. On Friday and Saturday nights, it gets so crowded that they open up a lower floor. Down below, dust clouds were boiling around a convoy of trucks hauling frack water and equipment on a county road. Summary. 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. Ryan Kopseng The cases offer varying bases for determining whether the corporate opportunity doctrine will be deemed applicable to a given factual situation. Ive had two different jobs. It is equitable for a JUDGMENT to be AWARDED in favor of the PLAINTIFF against the remaining defendants canceling the plaintiff's membership interest units in Jurassic Resources Development North America, L.L.C., a North Dakota Limited Liability Company, and requiring the remaining defendants to pay the sum of $300,000 to the plaintiff. Theres a kind of exhaustion thats in the air everywhere, says Soth, the photographer. "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.". d.In an action by the attorney general to dissolve the limited liability company in accordance with section 10-32-122 when it is established that a decree of termination is appropriate. Later, they and others formed a number of other companies, including Rainbow Gas, The matter is remanded for further proceedings in accordance with this opinion. The only thing you got within 60 miles is either go to a bar at night or go to the casino, and Im not much for drinking and dont like to gamble, so you kind of go stir crazy., Greg Hoeft, 31, hotshot for Petroleum Services. Lawmakers passed several bills meant to buoy the coal industry [26]As the reporter's note to American Law Institute, Principles of Corporate Governance: Analysis and Recommendations 5.05 (1994) states, in part: 1. Mr. G's Turtle Mtn. WebDawn Kopseng in Mandan, North Dakota. The same article said United Energy in 2012 earned a net profit of $44.8 million on revenues of $5.7 billion. Q. Devon Fox (foreground) and Taven Fox (background) near New Town, N.D., at Fort Berthold Indian Reservation. The two ranches he acquired are now part of Theodore Roosevelt National Park. When he graduated (sidetracked for a year and a half by a stint in the Army that included seven months in Vietnam), one of his first jobs was flying a small plane for a highway contractor. The plaintiff's efforts in developing the assets of the company have contributed value to the company notwithstanding the debts the company has acquired in the process. They have been through this before, the people of North Dakota, first in the 60s, a decade after oil was discovered in the state. Sander Kopsengis linked to this address. We skimmed along the Montana border, then banked east over the confluence of the Yellowstone and Missouri Rivers. In 2012 the company earned a net profit of $44.8 million on revenues of $5.7 billion. 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. [24]In granting the defendants' motion for summary judgment with regard to the Montana Heartland issue, the trial court said: The defendants' Motion for Summary Judgment Re: Montana Heartland is GRANTED to the extent the Court finds the WBI leases acquired by Montana Heartland were not a business opportunity that belonged to Jurassic, and thus the value of Jurassic does not include the value of the now developed WBI leases owned by Montana Heartland. WebRelated To Sander Kopseng, Stephanie Kopseng, Loren Kopseng, Dawn Kopseng. Its the center of the culture, in a lot of ways.. Its like guessing how many jelly beans are in a jar., The current recovery rates for Bakken reserves typically range from 1 to 6 percent, but recovery rates are a function of both technology and market prices. 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. Loren Kopseng - Bismarck, ND - Reputation & Contact Details Its our gold rush, our Silicon Valley. 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. Comprehensive company profiles. 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. which nationally has been declining for decades that included tax breaks, grants and loans. Within 90 days after the end of each fiscal year, the President will cause to be delivered to each person who was a Member at any time during such fiscal year a Form K-1 and such other information, if any, with respect to the Company as may be necessary for the preparation of such Member's federal or state income tax (or information) returns, including a statement showing each Member's share of income, gain, or loss and credits for such fiscal year for federal or state income tax purposes.
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