Published: December 19, 2011
MDU Resources Names William E. Schneider to Coordinate Bakken Business Development
BISMARCK, N.D. - (BUSINESS WIRE) - MDU Resources Group, Inc. (NYSE:MDU) today announced that William E.
Schneider has been named to the new position of executive vice president
of Bakken development.
Schneider will coordinate business development and marketing activities
of all MDU Resources companies in the Bakken area. He will report
directly to Terry D. Hildestad, president and chief executive officer of
MDU Resources.
"The Bakken area is undergoing unbelievably fast development. We can
help the counties and cities in the Bakken area meet their
infrastructure needs," Hildestad said. "By coordinating the business
activities and marketing strategies of all our operations in the area
through one position, we can better leverage our capabilities in meeting
those needs.
"I'm pleased that Bill has agreed to lead this effort. He is a proven
senior executive who can help us maximize our market opportunities,"
Hildestad said.
Schneider has been president and chief executive officer of Knife River
Corporation, MDU Resources' construction materials and contracting
business, since 2005. He joined MDU Resources in 1993 as part of the
company's acquisition of Anchorage Sand & Gravel, and subsequently held
several senior-level positions at Knife River.
MDU Resources companies involved in the Bakken area include:
-
Bitter Creek Energy Services, providing gathering pipeline services;
producer services such as water hauling; facilities management; and
engineering, design and construction of energy field assets.
-
Fidelity Exploration & Production Co., exploring for and producing oil
and natural gas.
-
Hamlin Electric Co., providing electrical wiring and power line
construction services.
-
Knife River Corp., providing ready-mix concrete, asphalt paving,
aggregates and earthwork services.
-
Montana-Dakota Utilities Co., providing electric and natural gas
service.
-
Sun Valley Electric Supply Co., providing electrical materials.
-
Total Corrosion Solutions, providing cathodic protection, facility
inspections, leak detection, air/hydro excavation and solar power
installations.
-
Williston Basin Interstate Pipeline Co., providing natural gas
transmission and distribution interstate pipeline services.
MDU Resources Group, Inc., a member of the S&P MidCap 400 index,
provides value-added natural resource products and related services that
are essential to energy and transportation infrastructure, including
regulated businesses, an exploration and production company and
construction companies. MDU Resources includes regulated electric and
natural gas utilities and regulated natural gas pipelines and energy
services, natural gas and oil production, construction materials and
contracting, and construction services. For more information about MDU
Resources, see the company's website at www.mdu.com
or contact the Investor Relations Department at investor@mduresources.com.

MDU Resources Group, Inc.
Financial:
Phyllis A.
Rittenbach
Director - Investor Relations
701-530-1057
or
Media:
Laura
Lueder
Corporate Public Relations Manager
701-530-1095
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