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Meridian Energy receives Permit to Construct for the Davis Refinery

Meridian Energy Group, Inc., a developer of innovative and environmentally-compliant oil refining facilities, announced that the North Dakota Department of Health (“NDDoH”) – Air Quality Division has issued the Permit to Construct (“PTC”) for the Davis Refinery. The issuance of the PTC by the NDDoH comes 18 months after the initial application was filed by Meridian and is based on ...

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Meridian Energy, Target Logistics Sign Letter of Intent

Target Logistics' Williston Lodge North, North Dakota. (Image courtesy of Target Logistics)

Meridian Energy Group, Inc., the leading developer of innovative and environmentally-compliant oil refining facilities, signed a Letter of Intent (“LOI”) today with Target Lodging (“Target”) of The Woodlands, Texas to provide the workforce housing for the Davis Refinery project coming to Belfield, North Dakota. This LOI establishes the terms and conditions under which Meridian will be contracting for workforce housing ...

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Sen. Heitkamp Speaks at Williston Economic Development Conference on Record U.S. Oil Exports

Heidi Heitkamp, methane rule

U.S. Senator Heidi Heitkamp addressed the Williston Economic Development Corporation’s conference with energy industry and community leaders from Midland, TX, to discuss issues in the oil and gas sector. She also talked about her work to successfully reach a deal to lift the 40 year-old ban on exporting domestic oil, which has led to record U.S. oil exports in recent ...

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EPA Awards ND as a Carbon Storage State, First in the Nation

North Dakota became the first state to receive final approval from the U.S. Environmental Protection Agency (EPA) to regulate geologic storage of carbon dioxide. EPA Administrator Scott Pruitt signed North Dakota’s application this morning granting the state primay regulatory authority, also known as primacy, over Class VI injection of carbon dioxide for long-term storage. North Dakota will officially receive Class ...

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Bonanza Creek Energy Appoints New CEO

Bonanza Creek Energy, Inc. announced the hiring of Eric T. Greager as Chief Executive Officer. Mr. Greager’s appointment as President and Chief Executive Officer will take effect on April 11, 2018. Greager, 47, will be assuming the role from R. Seth Bullock, a managing director of Alvarez & Marsal, who has served as the Company’s interim Chief Executive Officer since ...

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Rules Approved by Administrative Rules Committee in Bakken

Bakken shale play, administrative rules committee

The final step of proposed rule changes regulating the oil and gas industry were today unanimously approved by the Legislature’s Administrative Rules Committee (ARC). Changes to the administrative code include proposals to require sundry notices for spills not responded to with adequate resources, site assessments before and after reclamation if deemed necessary by the director, and changes to what information ...

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Velocity Midstream Completes Pipeline Loop

Velocity Midstream Partners, LLC (“Velocity”) announced that it has completed the construction of a 45-mile, 12″ crude oil pipeline loop of its existing condensate pipeline through the fairway of the South Central Oklahoma Oil Province (“SCOOP”). The crude oil loop project is supported by expanded commitments from Continental Resources Inc., an Oklahoma City-based exploration and production company, and CVR Refining, ...

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Preferred Sands Announces Commercial Opening to Serve Eagle Ford Shale

Preferred Proppants, LLC (“Preferred Sands”) announced that it has commenced commercial operations at its Atascosa sand mine and facility, marking another milestone as the Company continues its national in-basin sand strategy aimed at reducing the cost of sand and associated logistics for customers in the region. “This opening represents a significant event within our continued, multi-year localization strategy,” said Michael ...

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Capstone Turbine Corp Announces huge microturbines order for South America O & G sites

handshake, negotiate

Capstone Turbine Corporation announced that it has received a sizable new order for 5.2MW of clean and green microturbines to power multiple oil and gas sites in South America. Supernova Energy Services, a South American distributor for Capstone, secured the project. The order is comprised of five C800 and two C600 Signature Series microturbines that are being deployed to three ...

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Continental Resources adds Sabino to Investor Relations

Continental Resources, Inc. announced it has named Rory R. Sabino as Vice President of Investor Relations, effective March 12, 2018. Mr. Sabino has more than two decades of institutional equity experience, most recently serving Bank of America Merrill Lynch (BAML) as a financial advisor and Senior Energy Sector Specialist.  Mr. Sabino has more than 13 years of energy sector experience. ...

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