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Another Company Cuts Back Spending, Drilling In North Dakota Due To Oil Prices

Another Company Cuts Back Spending, Drilling In North Dakota Due To Oil Prices

More ugly news for a state that has an aggressive spending budget built on oil tax revenues, despite what Governor Jack Dalrymple has claimed. Two days ago Oasis Petroleum announced that they were cutting back their drilling operations in the Bakken region from 16 planned rigs to 6¬†and that they’d be cutting their 2015 capital

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