August 22, 2018 - 9:00 AM EDT
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Meridian Energy Group, Inc. Expands Operations in Houston as Davis Refinery Project Moves Forward

HOUSTON, Aug. 22, 2018 (GLOBE NEWSWIRE) -- Meridian Energy Group, Inc., the leading developer of innovative and environmentally-compliant oil refining facilities, announced today that the company has made arrangements to significantly expand operations in Houston offices. Today, Meridian has signed a long-term lease with Boxer Property for a 10,000 sq. ft. building to accommodate its Engineering and Projects departments. The new offices, in the Greenspoint district of Houston, are strategically located near both The Woodlands and IAH Airport. This Houston location will include a full digital integration in order to interface in real time with Meridian offices in North Dakota and California.

This expansion comes several months after Meridian was issued the Permit to Construct for the Davis Refinery in Billings County, North Dakota, and subsequently began earthwork and other site preparation work at the Davis site. The continued expansion of the Meridian presence in Houston will ensure the timeline for the Davis Refinery will remain on schedule for design and construction of Davis, with full commercial operation scheduled for late 2020. Meridian’s Houston operations will also facilitate access to the professional staffing required for the development, engineering and contracting for future refining and other projects that are currently in the planning stages.

Lance Medlin, Meridian EVP of Projects, “We went through a lengthy selection process and are fortunate to have developed a partnership with Boxer Property that will allow us to continue the development of the Davis Refinery as well as our future projects. This expansion gives us the ability to house our Project Teams in one facility, giving us better efficiencies and momentum for moving our Projects forward.”

Boxer Property Leasing Agent Wesley King had this to say on Meridian as their new tenant, “Boxer Property is thrilled to welcome Meridian Energy Group, Inc to 16770 Imperial Valley. We are happy to provide the perfect space for their needs."

Chad Hope, Meridian CFO on the continued expansion, “This growth is both a result of Meridian’s progress and the exciting future opportunities we’re being presented with and represents the most cost-effective manner of meeting our current and future needs.”

About Meridian Energy Group, Inc.

The Mission of Meridian Energy Group, Inc. is to provide long-term shareholder value through the development and operation of the cleanest, most efficient and environmentally-compliant crude oil refineries in the world, benefiting the community and its investors. Established in 2013, Meridian is led by industry experts with a combined 500 years of world-class expertise in energy & hydrocarbon processing, project development, finance, and large capital project management. Meridian Energy Group, Inc. current headquarters is in Belfield, ND.

For more information, visit: http://www.meridianenergygroupinc.com

Media Contact
Mark Hanes
TallGrass Public Relations
mark.hanes@tallgrasspr.com
(917) 359-0697

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Source: GlobeNewswire (August 22, 2018 - 9:00 AM EDT)

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