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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

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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.


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Amy Dalrymple

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