MDU Resources Company News

MDU Resources is looking for more natural gas producers to sign up to use capacity on a planned $650M pipeline that would transport the fuel through North Dakota to Minnesota, CEO Dave Goodin says.

Fidelity Exploration & Production Company will acquire producing natural gas properties located in the Green River Basin in the Sweetwater and Carbon counties of southwest Wyoming.

Fidelity E&P is acquiring additional leasehold interests in the Bakken area of western North Dakota, and in the emerging oil shale play in the Niobrara formation in southeastern Wyoming and north-central Colorado.

MDU Resources Group announced that Sister Thomas Welder plans to retire from its board of directors effective April 27, and she will not stand for re-election at the company's 2010 annual meeting of stockholders.

MDU Resources has completed a study of the quantities of its estimated probable and possible natural gas and oil reserves.

MDU Resources Group, Inc. announced the retirement of Robert L. Nance from its Board of Directors effective Thursday.

MDU Resources Group says that its subsidiary, Fidelity Exploration & Production Company, has closed on the acquisition of oil and natural gas properties located in the Big Horn Basin of Wyoming.