William Prentice, CEO, Meridian Energy Group gives an update on the Davis Refinery and Walton Refinery. Prentice discusses the next step in financing and construction.
Prentice said modules and foundations will not arrive to the Davis Refinery until at least one year from this summer.
The Walton Refinery is currently in siting and permitting phase. Prentice believes the Walton Refinery will be up and running about a year after the Davis Refinery.
The Davis Refinery is located just outside of Belfield, ND, in the Bakken oilfields. The Walton Refinery is located near Kermit, TX, in the Permian Basin.
The Mission of Meridian Energy Group, Inc. is to provide long-term shareholder value through the development and operation of the cleanest, most environmentally compliant and profitable crude oil refineries in the world, with refinery developments in both North Dakota and Texas. Established in 2013, Meridian has offices in Belfield, North Dakota, Houston, Texas and Irvine, California.
Jason Spiess is a multimedia journalist, entrepreneur and content consultant. Spiess has over 25 years of media experience in broadcasting, journalism, reporting and principal ownership in media companies. (Over 30 years experience if you count his adolescent years as a newspaper delivery boy learning the importance and logistics of daily distribution and monthly door-to-door bill collecting.) Spiess has worked in the areas of oil and gas, UAS and precision agriculture, health care, cannabis, agriculture, real estate, government affairs and economic development. Spiess is the host of two radio programs, Building the Bakken and Coffee & Capitalism, and three specialty programs, MonDak OilField Review, Corporate Ink and UnStuck, that carry a radio network that spans five states and two countries. Spiess is a North Dakota native and graduated from North Dakota State University.
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.