The Hegg Bakken Report's Podcast

With an english degree from The University of Maine and a masters in journalism from Columbia University, Ernest Scheyder is an energy correspondent with Reuters. He has a home in Williston, ND and has great insight into the current state of affairs within the Bakken. Fracking, current and future oil prices, economic impact and more are all discussed with this highly acclaimed journalist on this episode of The Hegg Bakken Report.

His book, 'The Colder War' was recently released and is available at Amazon.com, Barnes & Noble .com as well as other book outlets. Marin Katusa is also a successful portfolio manager, a public speaker and entrepreneur as he is a founding director of Copper Mt., Canada's 3rd largest coal mine. Plus he wrote an article on The Bakken this past February. This accomplished young man's prediction on oil prices will definitely grab your attention. Author and entrepreneur Marin Katusa joins us on this episode of The Hegg Bakken Report!

A a very fast growing publication in The Bakken is The Williston Wire. They report on new businesses in Williston, ND as well as other stories from The Williston Economic Development office. Barb Peterson with The Williston Wire joins us and tells us more about this great publication on this episode of The Hegg Bakken Report.

Shawn Wenko of Williston, ND was featured on The Hegg Bakken Report in September 2013. Much has changed since we last spoke including his role with Williston Economic Development. On October 22, 2014, Wenko took over the reins as executive director of that office and vows to remain optimistic in the "Build Williston" initiative. You'll here much optimism in Shawn's attitude as he sees a bright future for arguably the fastest growing community in America! We welcome the executive director of the Williston Economic Development office, Shawn Wenko here on this episode of The Hegg Bakken Report!

"It frightens me if the legislature does not approve necessary funding for my community." Those words were spoken by the Mayor Brent Sanford of Watford City, ND which is one of America's fastest growing communities where 40% of his communities elementary students are considered homeless. And that is just the tip of the iceberg as far as his cities growing pains. You'll hear more amazing statistics from Mayor Sanford in this episode of The Hegg Bakken Report.

Minot, ND has faced numerous challenges over the years; natural disasters, tough economic times to becoming the 'Gateway to the Bakken'. Today's leaders are very passionate about their city. That will become evident to you as we introduce you to the new president of The Minot Area Development Corporation Stephanie Hoffart. She informs us about Minot's history of assisting new businesses, incentives they offer entrepreneurs today, the attraction of The Port of North Dakota to some businesses and much, much more. Thank you for tuning in to the latest episode of The Hegg Bakken Report!

From the Port of North Dakota to the new Market Place, a revitalized downtown district and much more, Minot, ND is in very capable hands of it's leaders. The city is booming thanks in part largely to The Bakken oil fields just to the city's west. You will hear a lot of optimism toward the future of Minot today as we introduce you to the Minot Chamber of Commerce President L. John MacMartin along with the Board of Directors Chairman Randy Hauck on this episode of The Hegg Bakken Report.

He recently took the reins of mayor of the 4th largest city in North Dakota. He inherited an abandoned home problem caused by the 2011 Souris River flood and his city is under some major renovations, from the airport to the Port of North Dakota and more. And Minot is the gateway to the Bakken oil boom just to the west which has a significant impact on their economy. Today you will hear the goals and ambitions of all the above and more with Minot, ND Mayor Chuck Barney on this episode of The Hegg Bakken Report.

An article titled "North Dakota's Oil Bonanza is Unsustainable" on ESPN's www.fivethirtyeight.com recently grabbed our attention. It was written by a former Wall Street Journal reporter who is now the chief economics reporter for the site. His name is Ben Cassleman and we discuss the article and much more with him on this episode of The Hegg Bakken Report.

His presentation at The 2014 Williston Basin Petroleum Conference titled 'The Next Best Thing' was standing room only, attended by numerous executives and experts in petroleum exploration and production as well as numerous entrepreneurs. He shared invaluable information on emerging shale plays, new technologies and gave us an educated glimpse into what the future likely will hold. We feel very fortunate to have the managing director and senior analyst for Global Hunter Securities, LLC of Houston, TX (www.ghsecurities.com) Michael Kelly on this latest episode of The Hegg Bakken Report.

A report conducted by Wood Mackenzie in Houston, TX this spring made a startling prediction that Bakken shale operators will invest $15 billion on drilling and completions in 2014. We'll talk to the energy analyst who conducted the research for this report Jonathan Garrett on this subject and much more on this episode of The Hegg Bakken Report.

Ezra Levant is a Canadian media personality, a conservative political activist, a speaker and a best selling author. Mr. Levant recently released his latest book 'Groundswell; The Case for Fracking in 2014'. Our conversation with him today is energetic and animated as we dwell into the subject matter in his new book with him on this episode of The Hegg Bakken Report.

"This is not your grandfather's oil boom" - ND Governor Jack Dalrymple on The Hegg Bakken Report, August 2013. With the advent of new technologies such as CO2, ball and sleeve, telemetry and others, the estimated potential of The Bakken continues to dramatically increase. These estimates are methodically researched continuously and the estimated recoverable reserves continues to rise. John Harju is The Associate Director of Research at The Energy and Environmental Research Center at The University of North Dakota. He explains some of the new technology and offers us some invaluable information on this episode of The Hegg Bakken Report.

Wall Street Journal energy reporter Russell Gold makes his return to the program on today's episode. His recently released book is titled "The Boom; How Fracking Ignited the American Energy Revolution and Changed the World". From Edwin Drake's first oil well in 1859 to the modern methods of fracking which he compares to a 'NASCAR meets NASA control room', Mr. Gold has one of the best description of this modern drilling process that we've ever read! The book is available at Amazon as well as Barnes and Noble websites as well as other outlets. Hear firsthand the processes he utilized in writing this book on today's Hegg Bakken Report!

In January, current Williston, ND Mayor Ward Koeser announced he would not seek re-election in 2014, a position he's held since 1994. Six year City Commissioner Howard Klug and Williston entrepreneur and businessman Marcus Jundt threw their respective hats into the ring and are both on the ballot on June 10. On this "Special Election Edition", we had the opportunity to visit with both candidates here on The Hegg Bakken Report.

DLN Consulting of Dickinson, ND along with Vision West recently published The 2014 Regional Plan for Sustainable Development which contains groundbreaking data including the total number of oil wells to be drilled in The Bakken at 75,000. If you would like information on this study, go to http://www.visionwestnd.com/regionalPlans.php . Deb Nelson with DLN Consulting breaks down the study and much more on today's Hegg Bakken Report.

With the boom of the Bakken on the heels of one of the worst floods in history, Minot, ND has grown immensely in a short amount of time. That is a very rare occurrence for a community with such a setback. One of the reasons for Minot's success is the man at the helm of the 4th largest city in the state. Now near the end of his third term, Mayor Curt Zimbelman has extreme optimism for new businesses who choose his city to establish themselves. An amazing individual, Curt Zimbelman is our guest on this episode of The Hegg Bakken Report!

A recent study conducted for The Red River Regional Council by David T. Flynn, an economist and professor at The University of North Dakota, showed potential economic "threats". And it showed more growth in western North Dakota. If you'd like a copy of the report, email [email protected]. And hear details of that study on today's Hegg Bakken Report.

STR Analytics is a group of dynamic hotel experts with access to data from around the globe. Their understanding of key aspects of the hotel industry is well rounded, and the numbers they researched on hotels in The Bakken show sharp increases. We are joined today by Chesley Price, Project Manager for STR Analytics to report their findings and more. This is The Hegg Bakken Report!

Dr. Mark J. Perry, a full professor of economics at the Flint Campus of the University of Michigan and creator and editor of one of the nations most popular economics blogs Carpe Diem, shares his passion and excitement for all things Bakken on today's Hegg Bakken Report!

John Felmy is the chief economist with The American Petroleum Institute in Washington, DC. He began his career in this industry as a teenager, working in the pipeline industry. He's studied energy, economic and environmental analysis for well over 25 years. His insight on gasoline and diesel fuel pricing, energy independence, exporting and more is priceless. We are proud and we feel fortunate to bring you his insight on today's Hegg Bakken Report.

Our guest this week is Rob Gruenwald, an economist with The Federal Reserve Bank of Minneapolis. Mr. Gruenwald recently researched and published an article with his colleague Dulgunn Batbold titled "The Bakken Stands Out in Comparison With Other Shale Drilling Areas". It appeared in The FedGazette and we will delve into this article with Mr. Gruenwald on this episode of The Hegg Bakken Report.

Today, United States Senator John Hoeven shares his frustrations with President Obama's sluggish position on the Keystone XL pipeline project but shares his enthusiasm for the vibrant economy in western North Dakota plus much, much more. Thank you for listening to the latest Hegg Bakken Report!

On the heels of the State Department's report that the Keystone XL project will have minimal impact on the environment, we discuss the project with U.S. Senator Heidi Heitkamp. She also comments on natural gas flaring, looks ahead at North Dakota's economy in 10 years and much more on today's Hegg Bakken Report.

Marcial Nava is an economic research with BBVA Compass, based in Houston, Texas. He has followed oil reform in Mexico and has written several reports on that subject. His most recent report appeared on The Wall Street Journal online edition and is titled "Mexico's Energy Reforms Promise to Create Abundant Opportunities for U.S. Firms". http://online.wsj.com/article/PR-CO-20140124-910226.html, Mr. Nava delivers a staggering dollar amount on the potential economic impact this could mean for Mexico as well as the west Texas border.

We're barely into 2014, and many journalists are predicting banning US oil exports will be one of the biggest oil market stories of this year. Renowned journalist Chester Dawson, based in Calgary, AB recently wrote an article titled 'Canada an Emerging Market? Yes, For U.S. Oil Exports'.http://blogs.wsj.com/canadarealtime/2014/01/21/canada-an-emerging-market-yes-for-u-s-oil-exports/ . Mr. Dawson talks about this articles content and much more on this week's Hegg Bakken Report.

Successful oil companies in The Bakken have a keen eye on Mexico and it's highly criticized oil and gas industry which is currently under the control of Pemex. But their new, young President is seeking reform in his country. A man who has written several articles on Mexican oil reform, Jerry Pacheco joins us on today's Hegg Baken Report.

With the unprecedented growth in western North Dakota, entities like The ND Assoc. of Oil & Gas Producing Counties brings a sense of 'balance' between agriculture and oil production to the core population. They also are involved in truck permitting, infrastructure and more. The executive director, Vicky Steiner tells us about these items and more on today's Hegg Bakken Report.

Tyler Crowe is the energy reporter for The Motley Fool ( www.fool.com ) He recently reported Continental Resources may have found a solution to the natural gas flaring issue. He'll comment on that and much more today here on The Hegg Bakken Report!

Award winning journalist and best-selling author Gregory Zuckerman has just released a book titled "The Frackers; An Outrageous Inside Story of the New Billionaire Wildcatters". We'll speak with Mr. Zuckerman on today's Hegg Bakken Report!

He reported that Continental Resources boosted their Bakken estimates by 57% as well as pointed out that North Dakota had surpassed OPEC member Ecuador in oil production. He is an energy reporter for BLOOMBERG; our guest today on The Hegg Bakken Report is Joe Carroll, Chicago, IL.

Steve Nordeng with the North Dakota Geological Survey was recently singled out by Lynn Helms of the ND Industrial Commission for work he's doing in The Bakken. Mr. Nordeng is our guest this week and talks about the present and future of oil exploration and production in The Bakken region of North Dakota...this is The Hegg Bakken Report!

Clifford Krauss has been a correspondent for The New York Times since 1990. He currently is a national business correspondent based in Houston, covering energy. What's his opinion as far as the Bakken's impact on the global energy markets? He answers that and so much more on this episode of The Hegg Bakken Report!

Russell Gold is an energy reporter for The Wall Street Journal. He studies energy exploration and production from every conceivable angle. Today, you'll hear his theories on how The Bakken is effecting world markets and economies, the technology that goes into modern oil exploration and much, much more. This is The Hegg Bakken Report!

It's an exciting time in the Bakken region of western North Dakota for everyone including the areas top journalists! And this includes the editor of Prairie Business Magazine, Kris Bevill. On today's Hegg Bakken Report, Ms. Bevill talks about her publication, the most intriguing stories she's covered in the Bakken, as well as offer advice for anyone, including entrepreneurs that are looking to relocate here.

The National Journal in Washington DC is a well respected publication whose readers include the leaders of this country. On the heels of her visit to North Dakota with interior secretary Sally Jewell and a conversation with Continental Resources CEO Harold Hamm, The Hegg Bakken Report sits down with National Journal energy reporter Amy Harder on today's podcast.

Williston is making national and international headlines for it's booming economy based on The Bakken! The man in charge of the Williston Economic Development Office, Shawn Wenko is excited and optimistic toward the future of his city! And he joins us on this week's Hegg Bakken Report!

The Public Information Officer at the North Dakota Department of Mineral Resources Allison Ritter tells us about the numerous international inquiries her offices receives for information on the Bakken, new info on the three forks formation and much more on today's Hegg Bakken Report!

And the Bakken keeps breaking it's own production records! Genscape reports North Dakota rose by a record 54,000 barrels per day in May and are well on their way to one million barrels per day. We'll explain more and introduce you to Jodi Quinell, Genscape's resident Bakken expert on this week's Hegg Bakken Report!

Oil trucks and other vehicles travel more than 37 million miles a years on McKenzie County roads, which also are exposed to sometimes harsh weather conditions. Maintaining a good road system and keeping up with the general growth of the booming county are the biggest challenges facing McKenzie County, according to Ronald Anderson, chairman of the McKenzie County Commission, our guest today on The Hegg Bakken Report!

"This is not your grandfather's oil boom!" The 32nd governor of the State of North Dakota, Jack Dalrymple is our guest on today's Hegg Bakken Report; the governor discusses infrastructure needs, technology along with the future of oil exploration in the Bakken region of his state on today's program.

Landmark Media Productions and Partners in Motion are planning to produce a reality television series titled Bakken Boom Towns. Producers plan to examine the daily lives of folks in Sidney, MT and Williston, ND. Peter Hartogs and Jeff Stecyk discuss this further on today's Hegg Bakken Report. If you're interested in becoming a part of this series, e-mail [email protected] by August 14.

Walter Hadley is the head of the planning and zoning department in Mckenzie County and Watford City, ND. Mr. Hadley explains some of the processes involved in establishing housing, businesses and more from his perspective on today's Hegg Bakken Report.

We're not even half way there yet...Kathy Neset with Neset Consulting tells the Hegg Bakken Report that we will see at least 40,000 wells when all is said and done. Listen to today's Hegg Bakken Report for more details! www.nesetconsulting.com

The head of economic development in Williston, ND Tom Rolfstad talks about unbelievable growth, new businesses in Williston which sounds like a who's who list for any major subdivision in Minneapolis or Denver and much more on today's Hegg Bakken Report!

Student enrollment in Watford City, ND is expected to double in the next 3 years. Today on The Hegg Bakken Report, we sit down with the Superintendent in McKenzie County, Steve Holen who talks about the issues facing his boomtown school.

Our guest today is the general manager of the Williston, ND airport, Steven Kjergaard who has seen some huge changes in his 2 year tenure and is gearing up for even bigger challenges ahead!

The editor of The McKenzie County Farmer in Watford City, Neal Shipman offers us a glimpse of the unprecedented growth in Watford City and perhaps what the future holds...thank you for listening to The Hegg Bakken Report!

Our guest on The Hegg Bakken Report is the executive director of the McKenzie County Job Development Authority in Watford City, ND, Gene Veeder.

Blackridge Oil and Gas is an exploration and production company targeting the Bakken and Three Forks trend in western North Dakota and eastern Montana. CEO Ken DeCubellis, Chief Executive Officer joins us on today's Hegg Bakken Report.