Meridian Energy Group, Inc. Signs Letter of Intent with Target Lodging as Workforce Housing Provider for Davis Refinery Accommodations
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 needs at Target’s Dunn County Lodge in support of the
workforce that will be constructing and then operating the initial phase
of the Davis Refinery in Belfield, ND.
Target Lodging, the largest provider in the US of turnkey housing
solutions, provides workers with the best in nutrition, sleeping
accommodations and amenities in any climate or location. Meridian
believes that the North Dakota Department of Health will be awarding
Meridian with its Permit to Construct for the Davis Refinery in the very
near future, and so the Company is continuing to take preparatory steps
to enable the Davis project to move efficiently into construction and
then operation. In signing this LOI, Meridian has made a critical
advancement in the Davis project, recognizing how essential the comfort
and welfare of its workforce will be to its success.
“We’re extremely excited to approach this next step in the process to
make the Davis Refinery a reality,” said Lance Medlin, EVP of Projects
at Meridian. “Our workforce members, the first of which will be
comprised of local talent and US Armed Forces veterans, can and should
expect the very best accommodations. While they’ll undoubtedly be
accustomed to the North Dakota climate, we realize they’ll miss the
comforts of home, so we’re working hard to make up for that.”
Target Lodging’s Jack Marshall, Business Development Manager, is ready
to begin the process of housing workers at the Davis Refinery. “Our team
is eager to care for their workforce the other 12 hours they aren’t on
location. Our lodging accommodations will keep their workers safe,
well-rested and well-fed while on the job here in Belfield. Our
responsibility is to make workers from everywhere feel at home on the
job.”
Brad Archer, President & CEO of Target Lodging, also believes the LOI in
place is a great move for all parties involved. “We’re proud to be able
to provide Target Lodging’s culture of safety and well-being to Meridian
Energy at the Davis Refinery in the near future. Our belief is that when
you focus on your customer as a guest instead of a number, you establish
a commitment to quality that makes you a trusted partner.”
William Prentice, CEO of Meridian Energy Group is aware of Target
Lodging’s proven track record. “Meridian is very proud that it has been
able to attract another world-class organization to the Davis Refinery
Team. It is impossible to expect the best of those working at the Davis
site unless the living conditions are safe and comfortable, and Target
has a proven track record of providing those accommodations to its
clients. Although most of the permanent operations workforce will be
from surrounding areas, many will be from the region that will require
local temporary housing until they can relocate to Belfield and
surrounding areas even from other parts of North Dakota.”
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 communities 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.’s current headquarters is in Belfield, ND.
For more information, visit: http://www.meridianenergygroupinc.com
About Target Lodging
Target Lodging, an Algeco Scotsman company, is one of the largest
providers of turnkey housing solutions in North America. Since 1978, it
operates globally in some of the most remote environments, supporting
oil, gas and mining with workforce housing, mobile crew camps and
extended-stay hotels; government departments and organizations with
temporary lodging and refugee integration; and capital projects. Target
Lodging is headquartered in The Woodlands, TX.
For more information, visit www.targetlodging.com
or call (800) 832-4242.
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