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MHA Nation TERO Business License Allows American Power Group Subsidiary to Offer Flare Capture and Recovery Services on Fort Berthold Indian Reservation in the Bakken
MHA Nation TERO Business License Allows American Power Group Subsidiary to Offer Flare Capture and Recovery Services on Fort Berthold Indian Reservation in the Bakken.
About this update from American Power Group Corp.
[{"type":"text","content":"\n \n \n MHA Nation TERO Business License Allows American Power Group Subsidiary to Offer Flare Capture and Recovery Services on Fort Berthold Indian Reservation in the Bakken\n \n \nMHA Nation TERO Business License Allows American Power Group Subsidiary to Offer Flare Capture and Recovery Services on Fort Berthold Indian Reservation in the Bakken\n \n LYNNFIELD, MA--(Marketwired - Aug 22, 2016) -  American Power Group Corporation (OTCQB: APGI) announced that its subsidiary, American Power Group, Inc. (\"APG\") received its MHA Nation Tribal Employment Right Office (TERO) business license, which will allow APG to perform flare capture and recovery services, as well as sales and service of dual fuel systems on the Fort Berthold Indian Reservation (\"FBIR\"). Fort Berthold is located in the heart of the Bakken shale region in North Dakota. The MHA (Mandan, Hidatsa, and Arikara) Nation is also known as the Three Affiliated Tribes. APG flare capture work on the FBIR will be contracted through Sakakawea Energy, a 100% MHA Nation Member owned entity, who is the Tribal Tier I Contractor for flare capture services (re: www.sakakakweaenergy.com). \n The North Dakota Department of Mineral Resources reported that as of March 2016, there were 1,435 active well sites on FBIR, with 173 well sites waiting for completion, 548 approved drilling permits, and 1,805 additional potential well sites. The North Dakota Industrial Commission reported there are nineteen oil & gas companies operating well sites on the FBIR. Many have yet to meet their flare capture regulations which can now be satisfied with APG's technology. The total operator flare volumes on FBIR horizontal wells in calendar year 2015 totaled over 12 million cubic feet of flared gas. \n Bernie Fox, CEO of Sakakawea Energy, stated, \"We have been looking for a flare capture technology that can meet our current and future flare capture objectives in addition to providing an opportunity to utilize portions of the flared gas as a future lower cost fuel for our tribal members. We believe that American Power Group's Trident NGL process technology provides us with the best ability to meet all of our needs and Sakakawea Energy looks forward to working with APG to begin implementation plans to fulfill our vision.\"\n Lyle Jensen, American Power Group CEO, ...