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Quantum Energy Secures 2nd Bakken Refinery Site

TEMPE, AZ–(Marketwired – Aug 28, 2014) – Quantum Energy, Inc. (PINKSHEETS: QEGY) announced today that it has secured a second Bakken refinery site to be located in Baker, Montana. “Our previously announced Baker LOI has culminated in the signing of a two year option on 160 acres in Fallon County and a companion three year option on an adjoining 240 acres for a total of 400 acres under contract,” said Stan Wilson, Quantum President. “Like our Fairview site announced yesterday, this Baker land has been vetted by our EPC contractor for its suitability and has also received a very favorable response from the Fallon County economic development authorities,” Wilson said. “Our Baker property enjoys the added advantage of having a pipeline of a major producer projected to cross through the site,” added Wilson.
Quantum expects the Baker property to serve as one of Quantum’s proposed five micro-refinery plan sites to bring a new generation of refineries to North Dakota & Montana. Baker has become an energy hub where oil companies are headquartering and pipelines are intersecting.
http://www.quantum-e.com/news/quantum-energy-secures-2nd-bakken-refinery-site/