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  • Western North Dakota energy service leaders, legislators optimistic after oil conferenceMay 31, 2016

    By Dustin Monke, Forum Communications

    BISMARCK–As the price of oil hovered around $50 a barrel last week, many western North Dakota oilfield and energy service companies turned to the Williston Basin Petroleum Conference to try to get a feel for where their industry is headed.
    Most said they now feel better about the future of their businesses, as do state legislative leaders.

    “What stood out to me was really the positivity,” said Matthew R. Kostelecky, president of B. J. Kadrmas, a Dickinson oilfield service company. “I really thought we’d be coming here with a lot of doom and gloom, obviously. But after listening to a lot of these CEOs and important people in business, it really just seems like this is the time to be efficient, smart, creative, kind of weather the storm, and it’s all going to come back.”

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