User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


54° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

Business Opportunities In North Dakota Oil Fields

September 21, 2012, 5:07 PM by Kelly Bartnick

Business Opportunities In North Dakota Oil Fields
WILLISTON, ND -

Joel Lundeen likes good investments. It's why he came to Williston, North Dakota from South Carolina last year. And why he stayed.

“I went outside and called my kids and said, how do you feel about moving to Williston, North Dakota. And they went, 'when do you want us to be there,’” Lundeen said.

After a six month remodel, Lundeen now welcomes people in his new restaurant in what used to be Williston Elks Club.

“We literally gutted it to the studs and started over,” Lundeen said.

Lundeen is one of so many who have come here looking to make deals and is a representative of the few who made something happen. He says if you have a solid plan, enough cash and a way to build it, the people just might come.

“It's almost like it's the largest construction site in the whole United States. You've really got to come here to see it,” Paul Hegg said.

Hegg thinks there is opportunity, once you get over the overwhelming construction work going on.

He wants others in the South Dakota business community to see it for themselves. But because not everyone can come, Hegg is bringing North Dakota south.

“The amount of money and infrastructure they're committing to the area speaks for itself. They're not thinking this things going to go away and dry up tomorrow and they're going to pull up the stakes and leave,” Hegg said.

Oil Companies are investing billions into this land. That brings workers, eventually permanent homes, families, and most importantly for any businessman, money.

“Maybe creating some synergies or alliance between those folks,” Hegg said.

“There's a lot of opportunity here, more than any place else,” Lundeen said.

And Lundeen should know. This is one of the two businesses his family runs in town. He has doubled down and a future in a place where explosive growth changes the landscape every single day. And people with a plan are the ones who benefit.

“The likelihood of being successful is higher in a boom, but it doesn't mean you'll be successful,” Lundeen said.

The Hegg Bakken Conference is set for Monday, September 24 from 7:30 a.m. To 4:30 p.m. at the Sioux Falls Hilton Garden Inn. Presenters include oil industry leaders, Williston city leaders and real estate professionals.

Previous Story

Next Story


Comments





RELATED STORIES


 
Find Local Businesses on KELO Pages!

View news

You may also like

Two People Go To Hospital Following Fight

7/28/2014 11:30 AM

Sioux Falls Police say a large fight behind the Best Buy store on 41st Street landed two people in the hospital early Sunday morning.

Full Story
Car Versus Bike Crash Near 41st And Marion

7/23/2014 4:39 PM

A car versus bike crash happened at the intersection of 41st Street and Larch Avenue.

Full Story
Missing Woman Located

7/23/2014 6:19 PM

Tori Jean Bruggeman has been located by police. Authorities are working to get her reunited with family.

Full Story
Police Looking For Sioux Falls Woman

7/23/2014 5:06 PM

There is a search underway for a missing 31-year-old woman.

Full Story
Clerk Hurt During Attempted Robbery

7/27/2014 8:07 AM

Sioux Falls police are investigating an early morning attempted armed robbery that injured a clerk at a west-side convenience store.

Full Story


Events