01222018Mon
Last updateFri, 19 Jan 2018 7pm

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End-User News

MMEX Resources Building Texas Refinery

MMEX Resources Corp. has purchased 126 acres in Pecos County, TX for the construction of its Phase I 10,000 barrel-per-day (BPD) crude distillation unit near Fort Stockton, TX. The 126-acre land site will house MMEX’s Phase I 10,000 BPD crude distillation unit announced last month, which will have a total footprint of 15 acres and be a companion to the Phase II $450M, 50,000 BPD refinery announced in March.

As part of the land sale agreement, MMEX also intends to purchase an adjacent 350 acres for the construction of the Phase II refinery, which will have a footprint of 250 acres, no later than January 2018. When both land purchases are complete, the combined land site for both refineries will consist of 476 total acres with room for storage and expansion. 

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