Welcome guest, is this your first visit? Click the "Create Account" button now to join.
Results 1 to 4 of 4
  1. Default Qegy - quantum energy, inc.

    QUANTUM ENERGY, INC. is a development stage publicly traded diversified holding company with an emphasis in oil field development trading under the stock symbol “QEGY” on the OTC.PK with offices in Williston, North Dakota in the heart of the Bakken shale oil field. QEGY is working in the areas of land holdings and oil and gas holdings as it finalizes options to purchase real estate sites for refinery construction and oil and gas leases.

  2. Default

    QUANTUM ENERGY, INC. proposes to develop a 20,000 barrel-per-day diesel refinery at the center of both the diesel demand and the supply of crude in the Williston Bakken field region of North Dakota. Removing the transportation component cost of moving crude to remote refineries combined with the ability to distribute high-demand diesel to the market within the immediate vicinity of the proposed refinery, creates margins sufficient to justify the capital investment. Based on the long-term projections for continued development of the well fields (expected to last a minimum of 20 years), these margins could logically diminish due to the continued development of pipelines. The refinery, however, should continue to remain economically viable for the long term due to the relatively high cost of transporting crude by pipeline (and rail) to locations as far as 1,000+ miles away, while the projected decades of drilling ensures a steady market over the long run.

  3. Default

    There are two key markets that affect the Mondak Diesel Refinery (the “Mondak Refinery”): the market for Bakken crude and the market for on- and off-road diesel fuel. The supply and demand for these two commodities determines the price of both and has a major impact on the refinery’s cost and revenues. The large price differential between the two commodities is one measure of potential profitability for the Company which is the economic incentive for the Mondak Diesel Refinery itself.

    The Bakken play, including the Three Forks formation in the Williston Basin is perhaps the most well-known of the shale oil plays that are the major new sources of crude in the United States.

  4. Default

    Capitalizing on fracking technology and sophisticated geophysical modeling, drillers are experiencing extraordinary success in the rate of wells successfully drilled and completed. New
    technologies coupled with the sustained high prices of crude oil worldwide, has given rise to a true oil boom in the Bakken play. The number of oil rigs active in the Bakken region of North
    Dakota alone has grown from 172 rigs at the beginning of 2011 to 218 rigs in May 2012. The initial production rates and estimated ultimate recovery from completed wells have far exceeded most expectations. North Dakota is now producing more than 880,000 barrels of crude a day (June 2013), with each rig drilling a new well every six to eight weeks.



Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts