First Choice Health has acquired Billings-based Health InfoNet and its network of health providers and members in Montana, Wyoming, North and South Dakota and Colorado. The announcement from First Choice Health President / CEO Ken Hamm is an expansion of the Seattle-based PPO (preferred provider organization) network throughout the northwestern region.
Exceptions are being included in the rules being written for the enforcement of a new Montana law that mandates that bartenders must be certified.
During the public hearing in Helena, Jon Bennion of the Montana Chamber of Commerce voiced concerns about how the new restrictions will impact one-time events such as wine tastings, microbrew festivals or charitable events where alcohol is served.
The Montana Chamber of Commerce continues its offering of exotic trips at reasonable prices with its group travel to Brazil March 21-30, 2012. This exciting vacation is open to anyone, not just members of the state chamber, and is for the pure tourist, as well as offering business networking options. Participants will visit Rio de Janeiro and Sao Paulo on the trip.
David Baker...
David Baker has joined Stockman Bank as vice president, commercial loan officer for the King Avenue office. His responsibilities include providing financial advice and determining the best financial solutions for business and professional clients in the areas of Business and Private Banking Lending, Commercial Real Estate Lending and Cash Management Services.
Baker brings more than 33 years of banking experience to this position which includes commercial, commercial real estate and private banking. He recently worked in Business Banking for a regional bank in Montana. His past banking experience will be an asset to Stockman Bank and help expand their commercial loan portfolio.
Chris Herbst...
Chris Herbst recently joined Stockman Bank as a commercial loan officer for the King Avenue office. His responsibilities include developing financing packages to fit the needs of each business client, as well as servicing new and existing commercial loan relationships.
Herbst brings over seven years of banking experience to the position, which includes commercial, construction and personal lending. He most recently served as assistant vice president, business banker for a regional bank in Billings.
He earned a bachelor of science degree in business administration, with a minor in finance from the University of Wyoming in Laramie in 2001. He also received an associate of business degree in business administration in 1998 from Casper College.
The American Banker has once again named Stockman Financial Corp., the holding company for Stockman Bank of Montana, as one of the most efficient bank holding companies in the nation.
This distinction was published in the November 10, 2011 edition of the American Banker from information that was compiled through June 30, 2011.
Oil production in a formation parallel to The Bakken shows indications of being much greater than anticipated, according to a recent report in the "Oil Patch Hotline."
Continental Resources of Enid, OK said there is more production from the Three Forks [Sanish] formation than originally anticipated, and estimated ultimate recoveries could double from 500,000 to over 1 million barrels per well, according to company president Jeff B. Hume.
At the same time, Continental said its capital spending for next year would top $1.75 billion, and the company plans to drill 250 wells.
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