Quantum Energy and Bilfinger Westcon Launch Strategic Alliance to Develop Multiple Refineries in the North Dakota-Montana Bakken Formation
Marketwire - Mon Sep 15, 6:30AM CDT
Quantum Energy, Inc. (PINKSHEETS: QEGY) has entered into a Strategic Alliance with Bilfinger Westcon Inc. (Bismarck, ND), a wholly owned subsidiary of Bilfinger SE (Mannheim, Germany) for the development of a series of diesel refinery projects throughout the Bakken Formation.
Quantum Energy Secures 2nd Bakken Refinery Site
Marketwire - Thu Aug 28, 1:13PM CDT
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 Energy Signs Two Year Option on 144 Acre Refinery Site
Marketwire - Wed Aug 27, 11:23AM CDT
Quantum Energy, Inc. (PINKSHEETS: QEGY), with offices in Williston, North Dakota, announced today that it has signed a two year option to purchase 144 acres in Richland County, Montana to serve as one site of Quantum's proposed five refinery plan to bring a new generation of refineries to North Dakota & Montana. The site is near Fairview and accessible to the Northstar Transload being constructed in North Dakota.
Quantum Energy Issues Shareholder Update
Marketwire - Thu Aug 21, 11:01AM CDT
Quantum Energy, Inc. (PINKSHEETS: QEGY), with offices in Williston, North Dakota, made a presentation to the Yellowstone County Commissioners and Big Sky Economic Development Tuesday, August 19, 2014 in Billings, Montana about their proposed 5 refinery plan to bring a new generation of refineries to North Dakota & Montana including one in Billings.
Quantum Energy Announces Five Member Advisory Board
Marketwire - Thu Aug 14, 6:30AM CDT
Quantum Energy, Inc. (PINKSHEETS: QEGY) is pleased to announce the creation of an Advisory Board that will provide added depth and business acumen to the company. "We are fortunate to have the participation and involvement of this very fine group of business leaders to facilitate the game changing development of our North Dakota-Montana Bakken Clean Energy Centers," said Andrew J. Kacic, Quantum CEO. The new Advisory Board members include:
Quantum Energy's Plans Could Change the Bakken Game
ACCESSWIRE - Wed Jul 30, 8:42AM CDT
WHITEFISH, MT / July 30th, 2014 / The Bakken formation may have as much as 3.0 to 4.3 billion barrels of undiscovered and technically recoverable oil, according to a 2008 U.S. Geological Survey assessment. Bentek Energy estimates that internal returns on drilling and carrying costs exceeds 50% in the region, which suggests that current oil prices make these operations both sustainable and profitable.
21st Century Energy Centers Could Take the Bakken by Storm
ACCESSWIRE - Thu Jul 24, 8:56AM CDT
WHITEFISH, MT / July 24, 2014 / The Bakken formation was initially described by geologist J.W. Nordquist in 1953, but didn't become widely exploited until recently with the development of new horizontal drilling and hydraulic fracturing ("fracking"
Quantum Energy Crude Splitting Plan Garners National News
Marketwire - Mon Jun 30, 6:30AM CDT
Quantum Energy, Inc. (PINKSHEETS: QEGY) was the subject of a Reuters news article published Friday, June 27, 2014 by its Washington, D.C. news bureau that discusses Quantum's capitol hill public hearing testimony and plans to develop five Clean Energy Centers that include crude splitters that will produce exportable crude under current legal definitions. Here is a link to that article in its entirety:
Quantum Energy Signs LOI for 2nd Refinery Site
Marketwire - Thu Jun 19, 6:30AM CDT
Quantum Energy, Inc. (PINKSHEETS: QEGY), announced today that Quantum has entered into a fully executed Letter of Intent for the acquisition of 400 acres near the city of Baker in Fallon County, Montana for the development of a 21st Century Energy Center to include a 20,000 barrel per day diesel refinery. The LOI calls for a Contribution Agreement to be executed no later than July 3, 2014 by which title to the 400 acres is to be exchanged for shares of Quantum common stock. Quantum also has an existing purchase agreement for a refinery site with Northstar Transloading LLC in East Fairview, ND.
Quantum Energy Efforts Featured in EnergyWire
Marketwire - Fri Jun 13, 6:30AM CDT
Quantum Energy, Inc. (PINKSHEETS: QEGY), is pleased to reprint with full permission the following article from EnergyWire describing Quantum's efforts in Washington, D.C. urging that crude stabilization be considered in the Bakken rail transportation rule making process:
Quantum Energy Expands Fairview Refinery Site, Begins Conditional Use Permit Process
Marketwire - Tue Apr 01, 11:27AM CDT
Quantum Energy, Inc. (PINKSHEETS: QEGY) announced today that an agreement in principal has been reached with Northstar Transload LLC to increase the number of acres to be acquired by Quantum from 80 cares to 122 plus acres. The increased acres will accommodate future refinery related plans for the proposed Fairview Refinery in East Fairview, North Dakota.
Quantum Energy Announces New CEO, Plans to Capture CO2 for Enhanced Oil Recovery and Reducing Volatility by Stripping NGLs
Marketwire - Wed Mar 26, 10:26AM CDT
Quantum Energy, Inc. (PINKSHEETS: QEGY) announced today that Andrew J. Kacic has been named as the new Chief Executive Officer (CEO) and as a member of the board of directors of Quantum.
Quantum Energy Announces Refinery Site Purchase Agreement
Marketwire - Thu Mar 20, 6:31AM CDT
Quantum Energy, Inc. (PINKSHEETS: QEGY), announced today that Quantum has secured a refinery site by signing a Purchase and Sale Agreement with Northstar Transloading LLC to purchase eighty (80) acres adjacent to the Northstar transload in East Fairview, North Dakota for the construction of the Fairview Refinery, a 20,000 barrel per day diesel refinery.