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Tag Archives: north dakota

Davis Refinery, Meridian Energy Engage with Financial Advisor CIBC

BELFIELD, North Dakota – Meridian Energy Group, Inc., a leading developer of innovative and environmentally-compliant oil refining facilities, announced they have entered into an engagement agreement with CIBC World Markets Corp. (“CIBC”), under which CIBC will act as Meridian’s financial advisor. CIBC will assist in structuring and arranging for both debt and equity transactions for the full project financing for Meridian’s ...

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Colleges Celebrate Successful Completion of Energy Grant

Four colleges in North Dakota celebrated the completion of a six-year long, $24 million grant that resulted in thousands of trained individuals ready to fill crucial workforce needs in North Dakota. Bismarck State College, Sitting Bull College, Turtle Mountain Community College, and Williston State College partnered to form the TREND Consortium, or Training for Regional Energy in North Dakota, in ...

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Civil Construction Begins on Davis Refinery

Meridian Energy Group, Inc., a lead developer of innovative and environmentally-compliant oil refining facilities, announced that they have executed a contract with SEH Design|Build, Inc. (“SEH D|B”), a subsidiary of Short Elliott Hendrickson Inc. (“SEH”) with an office in Bismarck, North Dakota, for the performance of site and civil design and construction services for the Davis Refinery. This announcement comes ...

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ND Sets New Oil and Gas Records

pump jack, north dakota oil production

North Dakota has reached new records in both oil and gas production. May preliminary data released by the Oil and Gas Division indicates North Dakota is now producing 1,244,629 barrels of oil per day – an increase of 17,146 barrels from the last record set in December 2014. “This is a very encouraging time for North Dakota as oil and ...

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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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Local Support Continues for the Davis Refinery in Stark and Billings Counties

Meridian Energy Group, Inc. recently hosted an “Appreciation Meet and Greet” for the neighboring town of Belfield on Tuesday, March 27th regarding the Davis Refinery.  The Davis Refinery is being considered an innovative refinery project, and is being watched closely by the state, nation and even globe due to its proposed cutting-edge technology. More than sixty enthusiastic community members attended ...

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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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