O.I.L. Niagaran LLC

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Traverse City, Michigan-based O.I.L. Niagaran LLC acquired most of the oil and gas leases to state owned land auctioned off by the Michigan Department of Natural Resources and Environment in May, 2010. A total of $178 million was raised by the auction. O.I.L. Niagaran LLC purchased all but $40 million of these leases.

Interest in exploration of the Collingwood/ Utica shales fueled much interest in the auction subsequent to a successful pilot well in Missaukee County, MI by Petoskey Exploration in April, 2010.

  • David McGuire is a landman for O.I.L. Niagaran.
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