engages in the exploration, development, and production of oil and gas in North Dakota and Montana.
The company, through its subsidiary, Western Star Drilling Company, provides rig, equipment, and personnel on a contract basis.
It also operates leonardite mine (oxidized lignite coal) and a processing plant in Williston, which manufactures leonardite based products used primarily as drilling mud additives in oil and gas drilling companies, metal working foundries, and agricultural applications.
As of December 31, 2004, the company had proved developed reserves of 1,652,000 barrels of oil and 391,000 thousand cubic feet of gas.
As of the above date, it developed oil and gas leases covering approximately 15,984 net acres in Montana and North Dakota; and owned 15 unpatented mining claims and 7 patented mining claims in Arizona.
The company was incorporated in 1958 and is based in Williston, North Dakota.
