Mainstream Investors To Provide Capital To Finance Development In Williston Basin

Private equity group to fund drilling, related activity in Bakken, Three Forks Formations in North Dakota
 
Jan. 14, 2013 - PRLog -- Mainstream Investors, LLC, a North Dakota-based private equity firm, announced today that it will be investing up to $10 million in 2013 in energy production and related development projects in western North Dakota’s Williston Basin. The Basin, known primarily for its prodigious Bakken and Three Forks oil shale formations, has experienced extraordinary development in recent years, both in the areas of oil production and in housing, infrastructure and industries that support energy production.

“What’s going on in the Williston Basin today is nothing short of extraordinary,” said Mark Anderson, president of Mainstream Investors. “The development activity that is being generated by drilling in the Bakken and Three Forks oil shale formations is unprecedented. And with this development activity comes a need for capital. That is where we can make a difference.”

“We have over 50 years combined experience in the securities industry,” said Mike Donohue, Mainstream’s chief operating officer. “And now we are partnering with some of the most experienced oilers in North Dakota to meet a need for capital funding that is currently underserved.”

About Mainstream Investors, LLC

Mainstream Investors, LLC, is a Minot, North Dakota-based private equity firm specializing in oil & gas production activity taking place in the Williston Basin region in western North Dakota. For more information about Mainstream Investors, Inc., visit www.mainstreamnd.comor call (701) 852-9444.

Information herein is not intended to be any form of solicitation. Information found on this release is neither an offer to buy or sell securities or other investments.
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Source:
Email:***@mainstreamnd.com Email Verified
Phone:(701) 852-9444
Zip:58702
Tags:Bakken, Oil, Gas, Williston, North Dakota
Industry:Energy, Finance
Location:Minot - North Dakota - United States
Subject:Companies
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