Colorado oil company failed to report spills in North Dakota

→ AI finds its first serious application (From Wall Street Star) (Ad)

BISMARCK, N.D. (AP) — A Denver-based oil company operating in the Bakken oil patch says employees failed to report five spills in northwest North Dakota dating to October.

Zavanna vice president Cody Duran told The Bismarck Tribune that three spills occurred at the same saltwater disposal well last year and two spills occurred at different sites in January.

All spills were in Williams County and involved produced water or brine, a waste byproduct of oil production. Most of the contamination stayed on well facility locations, but one spill killed a strip of grass adjacent to the well pad.

Duran says Zavanna fired three employees, and a new production supervisor brought the spills to management's attention. The company notified the state, and could be fined up to $12,500 a day for failure to report.

___

Information from: Bismarck Tribune, http://www.bismarcktribune.com

→ AI finds its first serious application (From Wall Street Star) (Ad)

Should you invest $1,000 in Informa right now?

Before you consider Informa, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Informa wasn't on the list.

While Informa currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Featured Articles and Offers

Search Headlines: