North Dakota Oil Creating 'Overnight Millionaires'

North Dakota Oil Creating 'Overnight Millionaires'


Updated 07/01/08 7:10 PM · Posted by CitizenSugar · 2 comments

News · Oil · Gas · aside · North Dakota
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North Dakota Oil Creating 'Overnight Millionaires'
In less than a year, Stohler and his wife, Lorene, 82, have become millionaires from the production of one well on their land. The US Geological Survey calls it the largest continuous oil accumulation it has ever assessed. Landowners in western North Dakota have a much better chance of striking it rich from oil than they do playing the lottery, say the Stohlers. Some of their neighbors have become "overnight millionaires" from oil royalty payments. "It's the easiest money we've ever made," said Lorene Stohler.

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