If these guys are looking for what a share. I'll take a Fifth of that here at MMEX.
Meridian Energy Group, Inc. is a privately held South Dakota corporation focused on developing oil refineries in strategic locations. Meridian also partners with capable entities to develop related infrastructure opportunities.
In the Bakken, we are building a state of the art crude oil refinery near the production fields. This will provide many benefits to the oil production companies who currently pay as much as $18.00 a barrel to ship their crude oil to distant refineries. Also benefitting will be the environment and the state of North Dakota who, because of a lack of refining capacity, has a severe diesel fuel shortage.
Importantly, our shareholders stand to reap handsome rewards as a result of Meridian bringing the Davis Refinery online. The Refinery will produce at a rate of 55,000 bpd, the earnings each year on a small plant of only 20,000 barrels a day is estimated at more than $150 million . We anticipate that the common shares of the Company could be worth an amount several earnings multiples of this current offering price.
Accredited investors who are sophisticated as to private placements and long term investing are eligible to purchase a limited number of common shares directly from Meridian for $5.00 through a company direct offering. For a Private Placement Memorandum, please contact Stephen L. Gjolme, our Vice President of Business Development in our Irvine, CA headquarters. 877-542-5213
Not all inquirers will qualify. Investors will be required to demonstrate to the satisfaction of management that they are qualified under the Securities and Exchange Commission’s accredited investor guidelines.