North Dakota, Three Affiliated Tribes to renew oil tax accord

By AP
Wednesday, January 13, 2010

North Dakota, tribe to renew oil tax accord

NEW TOWN, N.D. — Three Affiliated Tribes Chairman Marcus Levings said he and North Dakota Gov. John Hoeven are signing a continuation of an oil and gas tax and regulatory agreement between the state and tribe.

Levings said a ceremony is planned Wednesday afternoon.

The tribe and state reached the accord in the spring of 2008. The agreement limits oil tax rates on Fort Berthold Reservation land, and spells out how the state and tribal governments will share oil revenues. Its goal is to enhance oil and gas exploration on the reservation.

Levings said the agreement is scheduled to expire this summer but will now be continued indefinitely.

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