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Frontier Energy Group
Frontier Energy Group, LLC was an oil field well drilling & production service company based in Denver with offices in the various unconventional oil shale plays in the Western United States. The company provided in wellhead and slickline services with petroleum and natural gas companies. In January 2013, it merged with Canary, LLC. History The company traces its history back to 1986 with the opening of Frontier Wellhead & Supply in Watford City, North Dakota Watford City (Hidatsa: abaʔaruʔush), founded in 1914, is a city in and the county seat of McKenzie County, North Dakota, United States. The population was 6,207 at the 2020 census, making it the thirteenth largest city in North Dakota. Becaus .... Major acquisitions * Frontier Wellhead & Supply Co. (2008) * Kodiak Stack Testing Company (2009) * Cable, Incorporated (2010) * Hanson Hot Oil (2010) * Luft Machine & Supply Co. (2011) * Spicer Wireline Inc. (2012) * Canary Wellhead Equipment (2013) for "less than $100 milli ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Natural Gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon dioxide, nitrogen, hydrogen sulfide, and helium are also usually present. Natural gas is colorless and odorless, so odorizers such as mercaptan (which smells like sulfur or rotten eggs) are commonly added to natural gas supplies for safety so that leaks can be readily detected. Natural gas is a fossil fuel and non-renewable resource that is formed when layers of organic matter (primarily marine microorganisms) decompose under anaerobic conditions and are subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other hydrocarbons. Natural gas can be burned fo ...
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1986 Establishments In North Dakota
The year 1986 was designated as the International Year of Peace by the United Nations. Events January * January 1 **Aruba gains increased autonomy from the Netherlands by separating from the Netherlands Antilles. **Spain and Portugal enter the European Community, which becomes the European Union in 1993. *January 11 – The Gateway Bridge in Brisbane, Australia, at this time the world's longest prestressed concrete free-cantilever bridge, is opened. *January 13– 24 – South Yemen Civil War. *January 20 – The United Kingdom and France announce plans to construct the Channel Tunnel. *January 24 – The Voyager 2 space probe makes its first encounter with Uranus. *January 25 – Yoweri Museveni's National Resistance Army Rebel group takes over Uganda after leading a five-year guerrilla war in which up to half a million people are believed to have been killed. They will later use January 26 as the official date to avoid a coincidence of dates with Dictator Idi Amin's 1971 co ...
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Non-renewable Resource Companies Established In 1986
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual Chemical element, elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when Sustainable forest management, harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable ...
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Business Wire
Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences. It is a subsidiary of Berkshire Hathaway. History Business Wire was founded in 1961 by Lorry I. Lokey. It started by sending releases to 16 media outlets in California. Business Wire launched its website in May 1995. In 2000, ahead of its main competitor PR Newswire, Business Wire ended the practice of distributing news to financial outlets 15 minutes before anyone else, to provide immediate, equal access to company information as noted by the SEC's fair disclosure regulation (Reg FD). Business Wire's first wholly owned European operation launched in 2001, with the opening of an office in London. On June 1, 2005, Business Wire entered the German Ad-Hoc market with a disclosure network for companies with ...
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American City Business Journals
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes The Business Journals, which contains local business news for 44 markets in the United States, Hemmings Motor News, Street & Smith's Sports Business Daily, and Inside Lacrosse. The company is owned by Advance Publications. The company receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. As of August 2021, it receives over 3.6 million readers each week. History The company was founded in 1982 by Mike Russell with the launch of the Kansas City Business Journal. In 1985, the company became a public company via an initial public offering ...
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The Denver Post
''The Denver Post'' is a daily newspaper and website published in Denver, Colorado. As of June 2022, it has an average print circulation of 57,265. In 2016, its website received roughly six million monthly unique visitors generating more than 13 million page views, according to comScore. Ownership The ''Post'' was the flagship newspaper of MediaNews Group Inc., founded in 1983 by William Dean "Dinky" Singleton and Richard Scudder. MediaNews is today one of the nation's largest newspaper chains, publisher of 61 daily newspapers and more than 120 non-daily publications in 13 states. MediaNews bought ''The Denver Post'' from the Times Mirror Co. on December 1, 1987. Times Mirror had bought the paper from the heirs of founder Frederick Gilmer Bonfils in 1980. Since 2010, The Denver Post has been owned by hedge fund Alden Global Capital, which acquired its bankrupt parent company, MediaNews Group. In April 2018, a group called "Together for Colorado Springs" said that it was rais ...
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The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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Williston Herald
The ''Williston Herald'' is a 3-day-per-week newspaper printed in Williston, North Dakota. The ''Herald'' is the official newspaper of Williams County, North Dakota and the main newspaper covering northwestern North Dakota and northeastern Montana. The newspaper is printed on Mondays, Wednesdays and Sundays. The ''Williston Herald'' also includes the ''Plains Reporter'', a weekly publication distributed throughout northwestern North Dakota and northeastern Montana. The ''Herald'' employs approximately 12 employees. The ''Herald'' used to employ more than 60 carriers and motor route drivers, but no longer delivers newspapers. They are mailed to subscribers. History * 1899: A group of citizens wanting to express their views on a local political controversy raised $600 to begin the new newspaper. The newspaper began in a one-room shack on Second Street West with E.M. Crary at the helm. * Oct. 14, 1930: The first daily paper was published on a single sheet printed on both sides. * 1 ...
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Watford City, North Dakota
Watford City (Hidatsa: abaʔaruʔush), founded in 1914, is a city in and the county seat of McKenzie County, North Dakota, United States. The population was 6,207 at the 2020 census, making it the thirteenth largest city in North Dakota. Because Watford City is part of the Bakken field, the North Dakota oil boom has significantly increased population and construction since the 2010 census. The main offices of Frontier Energy Group, First International Bank, and the headquarters of McKenzie Electric Cooperative are in Watford City. The local newspaper is the '' McKenzie County Farmer''. History In 1913, a few prospective businessmen located on the townsite of the future Watford City in anticipation of the arrival of the first Great Northern Railroad train. The Northern Land and Townsite Company, a division of the Great Northern, platted the town and sold lots in June 1914. Building began immediately, and many businesses and homes were moved from Schafer, which eventually b ...
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Petroleum
Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crude oil and petroleum products that consist of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, mostly zooplankton and algae, are buried underneath sedimentary rock and subjected to both prolonged heat and pressure. Petroleum is primarily recovered by oil drilling. Drilling is carried out after studies of structural geology, sedimentary basin analysis, and reservoir characterisation. Recent developments in technologies have also led to exploitation of other unconventional reserves such as oil sands and oil shale. Once extracted, oil is refined and separated, most easily by distillation, into innumerable products for direct use or use in manufacturing. Products include fuels such as gasol ...
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Canary, LLC
Canary, LLC is an oilfield services company with headquarters in Denver, Colorado. The company became the sixth largest wellhead company in the United States when Frontier Energy Group, LLC acquired Canary Wellhead Equipment Inc."CEO Dan Eberhart discusses newly formed Canary LLC."
Oil and Gas Financial Journal. Jan. 21, 2013
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