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Meridian Energy Group One Step Closer to Building Proposed Refinery in North Dakota

Inspectioneering Staff, July 12, 2016

Meridian Energy Group, Inc. recently announced that it has received unanimous approval from the Billings County Board of County Commissioners on the Zoning Certificate and Conditional Use Permit for its proposed Davis Refinery. This is a major step forward to building the proposed Davis Refinery, which will be only the second “greenfield” refinery constructed in the U.S. since 1976. The 55,000 bpd refinery will be located in the heart of the Bakken, near Belfield, North Dakota, and bring long-term employment opportunities to the region. The total number of jobs that will be created by the refinery is estimated at 1,500 to 2,500, including indirect and induced. The Davis Refinery will take crude oil from surrounding Bakken producers and refine that oil into a full slate of liquid fuels and specialty chemicals, including gasoline, kerosene (jet fuel) and diesel. 

Meridian CEO William Prentice had this to say, “We appreciate the efforts of the staff of Billings County, the Billings County Planning and Zoning Board, as well as the Board of County Commissioners, and we’re grateful that they came to this decision. Given the level of complexity associated with this type of project, we are thankful that the County chose to investigate the project thoroughly and to undertake a careful and diligent review. Their approval of this project reflects their forward-thinking vision for the long-term health and stability of the local community, and of the Bakken in general.

Executives at Meridian partner firms — multinational engineering arm Vepica, and Houston-based construction and logistics firm, BASIC Equipment — were also excited by the decision.

Franklin Espiga, VP of International Business Development at Vepica, added, “This decision is a clear testament to the energy sector in North Dakota and the hard work already put forth on this project, and it’s only the beginning. Securing the Davis location will now enable us to move forward with definitive, site-specific engineering plans for the Refinery.

Tommy Balke, the CEO and President of BASIC Equipment, also commented, “The Davis plant will commercially demonstrate new emissions control innovations through new forms of Best Available Control Technology, which will significantly raise clean construction standards for all refinery projects that follow.”

The next step for Meridian will be filing the Refinery’s Permit To Construct (PTC) application with the State of North Dakota Department of Health – Air Quality Division.

About Meridian

The Mission of Meridian Energy Group, Inc. is to provide long-term shareholder value through the development and operation of the cleanest, most efficient and environmentally compliant crude oil refineries in the world, benefiting the community and its investors. Established in 2013, Meridian is led by energy industry experts with a combined 50 years of world-class expertise in energy & hydrocarbon processing, project development, finance, and large capital project management. Meridian Energy Group, Inc. headquarters is located in Irvine, CA. For more information, visit: http://www.meridianenergygroupinc.com
 


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