Meridian Energy Group, Inc. establishes Site Control for Permian Basin Refinery
Meridian Energy Group, Inc. the emerging growth refining firm and leading innovator in advanced technology and environmentally-beneficial petroleum processing facilities, announced today that the Company has entered into agreement with a Winkler Company subsidiary (“Winkler”) establishing site control in Winkler County, Texas for a new Meridian full-conversion crude oil refinery that will process local Permian (Delaware Basin) crude oil into a full slate of refined products for local and regional markets. Now that site control has been established, Meridian will proceed with design and permitting of this new crude oil refining facility. Meridian Energy’s first refinery, being constructed in Billings County, North Dakota, is proving that advanced technology can be used to meet strict environmental controls to build and operate full-conversion petroleum processing facilities.
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