Babaamaajimowinan (Telling of news in different places)

Oil company fined for failing to pay royalties

DENVER -- Oasis Petroleum has been assessed a $72,438 fine for failing to make royalty payments on oil production on the Fort Berthold Reservation, the Department of Interior’s Office of Natural Resources Revenue announced Monday.

The civil penalty was for failing to make royalty payments on production from an American Indian lease between February 2013 and June 2014, the Office of Natural Resources Revenue said.

The company eventually paid the royalties in July 2014.

 

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