Flasback! Update On Those Five "21st Century Energy Centers" For The Bakken -- May 31, 2018

Quick! How many remember this headline from June 18, 2014? "The Bakken spreads out; Quantum Energy looking to build five '21st century energy centers." LOL.

Well, "they're" back!

A reader with an eagle eye caught this article over at Pipeline News:

On May 17, Pipeline News spoke by phone to the top two people currently involved with Quantum Energy, Inc., whose wholly-owned subsidiary Dominion Energy Processing Group, Inc., proposed a 40,000 bpd refinery at Stoughton in late 2016.

Jeffrey Mallmes (in some instances, referred to as “Jeff Mallmes”) is listed in their Feb. 28, 2018 annual report at chairman, president, treasurer and director, with 14.91 per cent ownership. Andrew J. Kacic is listed as secretary and director, with 18.66 per cent ownership. Kacic had formerly been CEO of Quantum, back when it was proposing five refineries in North Dakota and Montana. He is also the person now listed as the contact at the end of Quantum press releases.

Stoughton, Saskatchewan, by road, is about 140 miles north of Williston, ND. It is 35 miles directly north of Estevan, Saskatchewan. 

So, we'll see. Canada doesn't seem to be the most fossil-fuel-friendly country in the world. Just saying.

But now, back to the "five '21st century energy centers" proposed by Quantum Energy back in 2014? From Pipeline News:

Before Quantum Energy, Inc. came to Saskatchewan with a refinery proposal at Stoughton, they proposed three refineries in North Dakota and two in Montana.

Lynn Helms is the long-time director of the North Dakota Department of Mineral Resources. He spoke to Pipeline Newson May 23 at the Williston Basin Petroleum Conference in Bismarck, N.D., where he was the co-host of the conference.

Asked on May 23 how far Quantum got into the regulatory process for its three proposed refineries in North Dakota, Helms said, “To the best of my knowledge, they never applied for any air or water permits in the state. They acquired land. They did FEED (front end engineering and design) and looked at the potential for the small, Dickinson-sized refineries.

And so it goes.