Browsing Tag
North Dakota
16 posts
Dorchester Minerals is adding 4,300 royalty acres. Will the deal boost distributions?
Dorchester Minerals is expanding its Williston Basin portfolio through a unit-funded acquisition, adding mineral and royalty interests without a conventional cash purchase while creating new questions about future cash distributions and per-unit returns.
Applied Digital’s (Nasdaq: APLD) revenue jumps 322%, but how much is recurring AI rent?
Applied Digital's AI infrastructure expansion lifted quarterly revenue to $341.9 million, but tenant fit-out services contributed more than half the total. With $6.4 billion in debt, $36 billion in long-term lease commitments and substantial construction spending, the distinction between reported growth and sustainable rental earnings is becoming increasingly important.
Callan JMB (NASDAQ: CJMB) pays $12.5m for 377 Williston producing wells
Callan JMB is acquiring non-operated Williston Basin interests for $12.5 million, adding about 150 boepd across 377 producing wells and a company-estimated 21.2% unlevered cash return at $75 WTI.
Brooklyn Park plane crash: Fargo Democrat Liz Conmy and pilot Joseph Cass die after Crystal Airport takeoff
A Beechcraft crash at Crystal Airport just killed North Dakota Representative Liz Conmy. Her replacement reaches a Republican governor in a supermajority legislature.
How Applied Digital’s $5bn AI lease signals a land grab for next-gen compute infrastructure
Applied Digital’s $5B AI lease may redefine how hyperscalers secure infrastructure. Find out what Polaris Forge 2 reveals about the future of AI data centers.
Applied Digital lands $5bn AI factory lease with U.S. hyperscaler at Polaris Forge 2 campus
Find out how Applied Digital’s $5 billion lease with a U.S. hyperscaler is redefining AI-infrastructure growth and reshaping the hyperscale data-center landscape.
Phoenix Energy secures $10m in North Dakota oil leases, strengthening U.S. shale production
Phoenix Energy has significantly expanded its oil and gas footprint with a major acquisition of high-value energy assets…
MDU Resources secures 49% stake in Badger Wind Farm, boosting renewable energy share
MDU Resources Group, Inc. is set to expand its renewable energy portfolio with a $294 million investment in…
North Dakota grants pivotal approval for Summit Carbon Solutions’ CO2 pipeline
Summit Carbon Solutions has achieved a critical breakthrough with the North Dakota Public Service Commission granting a Route…
North Plains Connector project : Allete, Grid United partner to develop $2.5bn transmission line
Clean energy company Allete and Grid United, a transmission company, have joined forces to develop the North Plains…