MMEX Hosts Congressman Will Hurd in Pecos County (via Hydrocarbon Engineering)

https://www.hydrocarbonengineering.com/refining/23032018/mmex-refinery-site-celebrates-progress/

MMEX Resources Corp., a development-stage company focusing on oil, gas, refining and infrastructure projects in Texas and South America, has announced that Congressman Will Hurd (TX-23) will visit its Pecos County Refinery Project, Texas, US, on 26 March.

Jack W. Hanks, President and CEO of MMEX Resources Corp., commented: “We’ve made significant progress in a short amount of time and are looking forward to sharing our accomplishments with Congressman Hurd during his visit to the Pecos County refinery project site. With the refinery being built in Congressman Hurd’s district, we’re eager to discuss the economic impact of the refinery and the job creation moving forward.”

MMEX broke ground on Phase 1 of its Refinery Project in Pecos County Texas, a 10 000 bpd crude distillation unit, in mid-November 2017. Recently, the company announced that it had commenced and completed road construction on its easement acquired from the University of Texas Lands, entered into a diesel product sales agreement with Pilot Thomas Logistics and entered into a trucking transportation agreement with Penta Operating LLC.

The visit will begin with Congressman Hurd touring the site and receiving a briefing about the progress from Hanks.

 

VGas / VFuels Fabrication Facility Expanded

VGas / VFuels have added an additional 30,000 square feet of fabrication to their existing 45,000 square foot facility. The addition, operational as of February 12, 2018, allows a reduction in backlog for fabrication and additional space for piping fit-up and welding, as well as additional acreage for module test-fit prior to shipment. The additional facility is located adjacent to the current facility at 12221 FM 529 Road, Houston, TX.

 

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MMEX Resources Corp. Commences Road Construction, Enters Trucking Transportation Agreement for Pecos County, Texas Crude Oil Refinery Project

Via Chicago Evening Post...

MMEX Resources Corp. (OTCQB: MMEX) today announced that it has commenced the road construction on its easement acquired from the University of Texas Lands accessing the project sites for the two separate phases of its refinery project in Pecos County, Texas, a 10,000 BPD Crude Distillation Unit and 100,000 BPD full-scale refinery project. MMEX further announced that it has entered into a transportation agreement for trucking services in the Permian Basin with Penta Operating, LLC, operating as Penta Petro to transport refined products from the project’s first phase, initially its naphthas, to ultimate customers.

MMEX entered into its easement with the University of Texas System to build a new access road to its project site locations from the paved county road approximately 20 miles northeast of Ft. Stockton, Pecos County, Texas. This construction will provide for truck traffic access to the MMEX refinery projects for construction, and then at commercial operation to ultimate markets in the Permian Basin. The construction of the easement road will commence immediately and expected to be completed within two weeks.

Penta Petro, based in Midland, Texas (http://www.pentapetro.com), is a leading provider of common carrier services focusing on transportation of all refined products, biodiesel and ethanol fuels in the Permian Basin serving West Texas and Eastern New Mexico.

Jack W. Hanks, President and CEO of MMEX Resources Corp., commented, “MMEX is very pleased to announce these two additional milestones in our development of the crude oil refinery project. Our easement road construction is a critical component for accessing the site during construction and upon commercial operation, providing access to markets. Penta Petro is the trucking leg of our marketing plan, and along with rail, will provide transportation services to our ultimate customers. Along with our EPC announcement from last week, today’s announcements mark significant continued progress for the project. Moving forward, we are beginning to look at housing options for both construction and permanent workers which will include the development and building of facilities.”

MMEX Moves Ahead with Kickoff Of DD&E with Interstate Treating

The MMEX 10,000 bpd refinery is pushing ahead with Detailed Design & Engineering (DD&E) for the Outside Battery Limits (OSBL) portion of the project with VFuels' EPC partner, Interstate Treating of Odessa, Texas. This step enables MMEX to further progress the project and not sacrifice project schedule while the EPC contract is being drafted by all parties involved. See press release below:

 

 

VFuels Completes FEED for MMEX Resources Corporation

VFuels has completed the Front End Engineering & Design (FEED) for the process area and facility for MMEX Resources' Fort Stockton 10,000 bpd refinery. The FEED is being utilized currently by the site contractor, Interstate Treating of Odessa, TX, to verify the Total Installed Cost (TIC) estimate provided by VFuels as part of the FEED package. The great news is that the cost estimate came in slightly under the initial estimated budget which will allow MMEX to keep up its efforts in finalizing the EPC contract without significant change or delay. 

The MMEX 10,000 bpd CDU rendering.