Mustang selected for North Dakota refinery study
Mustang, is partnering with Corval Group to study the feasibility of increasing oil refining capacity in North Dakota. Mustangs scope of work includes preparation of a site selection basis and plan, refinery emissions estimates, construction schedule, utility balances and process descriptions for all major systems.
The genesis of this study was an April 2008 report issued by the US Geological Survey that said North Dakota and Montana have an estimated 3-4 billion barrels of undiscovered, technically recoverable oil in an area known as the Bakken Formation.
The US Department of Energy, through the National Energy Technology Laboratory, is funding the study, which is scheduled to be completed by July 2010, and North Dakota Association of Rural Electric Cooperatives is the project administrator.
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