On tues 8-25 They were saying on cnbc that China sold 200 Billion in 10 yr T's. and on tues were selling huge quanites of Euro bonds.. I see by wed morn that 10yr T's were back to 2.19 % .. then last night the shanghi market took off up over 5 %, I assume the Chinese gov was buying stocks.. don
For Anyone shareholder who wishes to Make a Proposal to MDU to be included in the 2015 annual report and proxy, go to MDU website, locate Financial publications and on page 195 is the required info. Don
( Stockholder Proposals: The requirements we describe above are separate from and in addition to the Securities and Exchange Commission’s
requirements that a stockholder must meet to have a stockholder proposal included in our proxy statement pursuant to Rule 14a-8 under
the Exchange Act. For purposes of our annual meeting of stockholders expected to be held on April 26, 2016, any stockholder who wishes
to submit a proposal for inclusion in our proxy materials must submit such proposal to the corporate secretary on or before November 19,
Skip Put this dude on Ignore..
He and several others I placed on ignore a year ago, they have noting of any value to offer.. locked in eternal Fathomless ignorance.. don
Fidelity has a total of 37 wells in Utah, 13 of then are Shut in /non preforming. The 24 producing wells Produced 71,428 BO in June 2015, this is a reduction of 7.3 % from the May 2015 oil production of 77,057 BO.
The June 2015 oil production is 42.5 % less then the 2014 June oil production of 124,330 BO. don
Looks like oil prices maybe suppressed longer then some think. This quote from SA article today. don
GE says it plans to close a historic foundry and cut more than 250 jobs at its unit in Lufkin, Tex., as it attempts to cope with the drop in demand for drilling equipment in the wake of plunging oil prices.
The two facilities were part of Lufkin Industries, a maker of oil pumping and drilling equipment that GE bought for $3.3B in 2013; Lufkin has been hit hard by the decline in demand for drilling equipment, as orders for its products dropped 40% during Q2
Fidelity from 101 oil wells produced 207,739 BO in June of 2015. The sold NG production from the 63 cedar creek wells was 52,381 MCFT. the sold Assoc NG from oil production was 171,884 Mcft. This total of 224, 265 Mcft of NG was 0.5 % less then the may 2015 NG production in ND. The June 2015 oil production was 16,671 BO less then the may 2015 oil production, or 7.4 % less.. According to the NDIC the unhedged average price for ND sweet in June was $ 47.73, in July was $ 39.41, and August 13th price was $ 28.50..
Will NOT be necessary for this Fertilizer plant. A announcement to abandon this project was made this Morning by CHS . don
below is a copy of original announcement dated Aug, 28th 2014.
JAMESTOWN, N.D. - One of the largest natural gas pipelines in North Dakota in the last decade is in the planning and permitting process, according to Tim Rasmussen, spokesman for WBI Energy, a division of MDU Resources Group .
the MDU , 107.5-megawatt Thunder Spirit Wind project, which will consist of 43 turbines and is expected to be completed in December 2015. ( the completion time was reiterated again in the Last earnings press release. )
I personally believe this time line will not be achieved.. The progress of this project is observable from US Hwy 12, approx. 2 miles East of Hettinger ND. Turbine Blades and Rotors were arriving on Aug. 4th. the procession blocked the traffic for 10 minutes.as we sat in car and waited these components, On tues , Aug. 10th when were returned on Hwy 12 from Minnesota, there was different convoys of wind turbine towers going toward this facility.. One could see turbine blades and towers parts, and 2 small cranes lifting tower sections for assembly.. There were NO Tall cranes on this plateau or were there any towers assembly's Erected..
For these work crews to assemble and erect , wire and commission 43 wind generators in 150 days seem
U.S. Geological Survey authored the longest-ever study of the effect of wind turbines on prairie grasslands birds, a 10 year study. The article in todays Bismarck Trib.. Search .. ( Wind turbines stress grassland birds ). don
one yr ago had a $ 33.00 + Stock price, the Market cap is $ 2, 900.000.000 less today.. Jr was wondering if Buffet would buy MDU, and the Utah oil production numbers were out.. .
Where will MDU be in one yr from today????? don
From today Billings gazette..
Eastern Montana electric bills could rise $178 a year to cover the costs of expensive pollution controls that may have been unnecessary.
At issue are pollution controls installed by Montana Dakota Utilities to comply with the federal Mercury Air Toxics Standards, or MATS. MDU spent millions on the upgrades, and like a lot of coal-fired power plant owners, faulted the Environmental Protection Agency for not giving more consideration to the cost of compliance.
That’s exactly the kind of steep expense the U.S. Supreme Court cited in July when it faulted the EPA for not considering the expense of mercury pollution controls. A lower court is now weighing how the EPA must factor in MATS costs when determining what can be expected from power plants.
The ruling came too late to benefit MDU customers, said Mark Hanson, utility spokesman. The MATS still exist, even if the EPA is grappling with a way to balance cost with enforcement. MDU is determined to comply by year’s end.
“The rule is still in effect. We still have a deadline to meet.” Hanson said. “It’s tough to run your business when you don’t know what the rules are.”
The construction bill for MDU’s pollution controls is substantial. At the coal-fired Big Stone power plant in South Dakota, upgrades to address pollution haze and mercury cost $348 million, according to records filed with Montana’s Public Service Commission, the state’s utility regulator. MDU has a 22.7 percent share in Big Stone and is passing its share of the bill onto consumers with rate increases. There’s also $16 million in mercury pollution controls planned for the Lewis and Clark power plant in Sidney.
as a source of material for the catalytic converters?? Gee looks like less then $ 1.5 Billion would own the whole company.. Keep existing management on to operate it.. thoughts ?? don