Meridian Energy Group Competitors, Revenue, Alternatives and Pricing

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Overview

Location:
Belfield, ND USA
Total Funding:$16.9M
Industry:Energy/Oil
Founded:2012
Lead Investor(s):N/A

Industry Ranking

State Ranking

Estimated Revenue & Financials

  • Meridian Energy Group's estimated annual revenue is currently $22.8M per year.
  • Meridian Energy Group's estimated revenue per employee is $245,000
  • Meridian Energy Group's total funding is $16.9M.

Employee Data

  • Meridian Energy Group has 93 Employees.
  • Meridian Energy Group grew their employee count by 27% last year.
  • Meridian Energy Group currently has 1 job openings.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingOnline ReviewPricing
Williston Basin...
$6.9M28N/AN/A-N/A
Meridian Energy...
$22.8M9327%N/A-N/A
Wescom
$11.3M4635%N/A-N/A
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Meridian Energy Group, Inc.is focused on its development of the "Davis Refinery" (49,500 bpd) on a 150 acre parcel (with additional acreage for an agricultural buffer) just outside Belfield, North Dakota in the heart of the Bakken. The plant is currently in the design phase with groundbreaking set for Spring 2018. Plant completion is expected by early 2019. Meridian will use state of the art equipment and processes to construct one of the first greenfield fuels refinery in the U.S. in four decades. The plant is being designed to be highly efficient and will be capable of producing nearly zero sulfur diesel and jet fuels years ahead of EPA mandates. Operating on natural gas will provide many advantages, including low operating costs, low emissions and no need for EPA permitting. Meridian is coming to the Bakken with a commitment to the future and an eye to the big picture. Our plans include the addressing of critical infrastructure needs for housing, commercial businesses, industrial space and basic utilities. We are developing a gas fired power plant to ensure sufficient electrical power for the refinery and the nearby community of Belfield. Our refinery will create permanent, high paying jobs, something the entire community can get behind. Meridian's management team has extensive experience in refinery development, including long tenures with some of the world's leading petrochemical companies.

keywords:N/A

93

Number of Employees

$22.8M

Revenue (est)

1

Current Jobs

27%

Employee Growth %

$16.9M

Total Funding

N/A

Valuation

N/A

Accelerator

N/A

Type

Meridian Energy Group News

07-Sep-19 - Meridian Energy Group, Inc. Completes Water Supply and ...

05, 2019 (GLOBE NEWSWIRE) -- Meridian Energy Group, Inc., the leading innovator in the petroleum refining industry, announced today that it ...

24-Aug-19 - Davis Refinery near Theodore Roosevelt National Park ...

And, Meridian Energy Group's CEO says that's made investors hesitant. Securities filings indicate the company has so far raised less than 5 ...

24-Aug-19 - CEO: Refinery by Roosevelt National Park 1 year behind plan

“Absolutely lawsuits have cost us time, and fear over the lawsuits have cost us a lot of money,” Meridian Energy Group CEO William Prentice ...

Meridian Energy Group Executive Hires

DateNameTitleReference
2017-09-29Mark FondaDirector of EngineeringArticle
2018-03-13Lance MedlinExecutive VP ProjectsArticle