MBI Oil and Gas
103 SE 5th Street , Dickinson, North Dakota, United States

MBI Oil and Gas, LLC is a well-established, locally-owned, emerging exploration and production company located in Belfield, ND. The company got its start in 2001 when long time Williston Basin player, Jim Arthaud, began putting together Williston Basin acreage. One of his early acreage packages included Elm Coulee, in eastern Montana. Once his position reached a critical mass, MBI Oil and Gas LLC was formed in 2008 with three employees. Today we have expanded our base with more local, technical personnel and in 2011 opened an office in Denver, CO.  MBI is seeking opportunities to expand its portfolio through acquisition of Operator Non-Op, Royalty Interest, and Operated Oil & Gas Fields.

Highlights

 â€‹â€‹ Operator of 13 wells in the Williston Basin producing from multiple intervals, including the Bakken 20,460 Net Acres in the Williston Basin, with interest in 745 wells 96,952 undeveloped Net Acres in North America (ND, MT, WY, OK,TX, PA)

Acquisitions

At MBI we have established a highly skilled team for evaluating oil and gas properties.  We provide the same services found at large petroleum consulting firms on a more intimate scale.  Our team has valued over 100 asset packages in the past 36 months with efficiency and accuracy that is unmatched.  We are largely focused on acquiring Williston Basin non-operated properties and our ability to close deals is a result of making aggressive, detailed, and informed assumptions on the future potential in given resource plays.  We take a long term approach to oil and gas investments and have been active in various oil and gas operations for over 3 decades.  Whether oil prices are high or low we will pay top dollar for the right assets.

Selling Minerals

MBI Oil and Gas has interest in paying top dollar for mineral interest. Our company owns significant mineral interest in the Williston Basin.​  Being a local entity we realize that there are many different reasons that mineral owners may want to sell their mineral rights. MBI relies on sound engineering to evaluate royalty interests on an individual basis and will be happy to work side-by-side with you and your family to understand the process and how things are being evaluated. We can meet you wherever is the most comfortable.​  Timing in the Williston Basin is ripe for taking advantage of high density infill valuation. 

Leasing Minerals​

We are interested in leasing large and small land tracts with intent to participate or develop. MBI Oil and Gas is currently leasing oil and gas minerals in western North Dakota and eastern Montana offering you the best in leasing options and competitive bonuses and terms.