Quantum Energy Canadian Refinery Site Under Contract

Oil and Gas - Dec 7, 2016

Quantum Energy, Inc., a diversified energy holding company, is pleased to announce that its wholly owned subsidiary, Dominion Energy Processing Group, Inc., has successfully contracted for its proposed refinery site in the Stoughton, Saskatchewan area. The site is located in the Viewfield crude production area adjacent to the Crescent Point Energy gas plant and comprises 480 acres. The site is strategically located with Highway 33 access West to Regina (145km) and Highway 47 access north to Trans Canada Highway 1. Dominion would like to thank Farm Boy Realty for its expertise and assistance in negotiating the purchase contract.

Quantum continues its Bakken refinery development projects with ongoing permitting efforts in North Dakota and an increased emphasis with continued real progress on a 40,000 bpd proposed project in the Stoughton area of Saskatchewan, Canada.

Source : Quantum Energy, Inc.

Published on Global Energy World: Dec 7, 2016