Sections

Weather Forecast

Close
Advertisement
Mark Johnsrud bought PowerFuels in 2005 when it employed 40 people. Today, he employs more than 1,100 people and he expects to add more workers as PowerFuels merges with Heckmann Corp.

FOTB: Power Surge; Watford City business owner guided oil field services company to multi-million dollar merger

Email News Alerts

WATFORD CITY -- When Mark Johnsrud bought PowerFuels in 2005, he employed 40 people.

Today, the Watford City-based oil services company has more than 1,100 workers, and Johnsrud expects to close on a multi-million dollar merger this year that will make him the CEO and majority shareholder of a publicly-traded company, Heckmann Corp.

Advertisement

Get the full story
Subscribe or Log In

Are you a newspaper subscriber but you don't have a Digital Access account yet? Activate your account.

You will need your subscription account number and phone number. Not sure if you have an account? Call (701) 225-8111 and we can help you.

Advertisement
Amy Dalrymple

Amy Dalrymple is a Forum News Service reporter stationed in the Oil Patch. She can be reached at adalrymple@forumcomm.com or (701) 580-6890.

Advertisement
randomness