More Than 400 Industry Professionals Set to Gather in Bismarck, North Dakota

BISMARCK, ND – (July 11, 2017) – The 3rd Annual Bakken Conference & Expo will begin Monday, July 17th at the Bismarck Events Center in Bismarck, North Dakota. Produced by BBI International and North American Shale magazine, the event is expected to draw 400+ shale oil industry professionals, including representatives from major operating producers, completion companies and active drillers. The event will include nearly 70 exhibitors, making this the largest Bakken-focused conference in North America this year.

The conference agenda includes more than 60 speakers, focusing on operator updates, investor perspectives and technology trend explanations. “The diversity of speakers we’ve assembled will provide attendees with a full overview of what is currently happening in the Bakken,” says John Nelson, director of marketing and sales at BBI International. “In the past two years, the Bakken play has experienced some exciting changes despite low crude prices. This event will highlight what’s new in the Bakken and how to navigate the play in the future.”

The 2017 program will provide in-depth analysis and timely presentations from speakers focused on the following:

  • exploration and production trends
  • new completion strategies for improved production
  • infrastructure and construction updates
  • logistical challenges
  • investor perspective
  • new product and technology offerings

“As Bakken-focused businesses continue to navigate this new era of shale energy development, three themes continue to emerge: how to find efficiencies, how to reduce operating costs, and how to thrive in an ever-changing oil and gas market. We’ve worked with industry leaders to find the stories and presentations that show what efficiency and cost-reduction efforts look like,” says Luke Geiver, program director of The Bakken Conference & Expo and editor of North American Shale magazine. Featured throughout the agenda are multiple case studies and perspectives offering proven results by operators, service providers and new technology firms. “Because the event mimics the content of our print publication, attendees will receive valuable insight on multiple elements of the Bakken play.”

New this year is a pre-conference seminar titled, The Bakken Vs. The World. The one-day event includes perspectives from multiple entities that are currently working in and out of the Bakken. The agenda is designed to give attendees perspective on what investors, businesses, jobseekers, regulators and others think about when they think of the Bakken, Permian or other shale plays. Presentations from investor analysts, regulators, multi-play service and operations firms, job service personnel and community leaders will highlight what’s better, what’s different and what needs to change in the Bakken.

To view the agenda, visit www.TheBakkenConference.com.

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Response from Quantum about building their refinery in Billings

When asked about the information that had come to light, Yellowstone County Commissioners immediately distanced themselves from the company. Quantum Energy sent a letter to the Billings Gazette insisting to have it published in its entirety or not at all. The Gazette had published a negative article about Quantum Energy and declined to print the letter. The Bakken Oil Business Journal will publish the letter along with this article.

However, the letter answered no substantive questions about their finances or Andrew J. Kacic and states that they would make no further comment on the issue.

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The public has heard nothing from Quantum Energy, Andrew J. Kacic or the Yellowstone County Commissioners about an oil refinery or any impending land purchases since August 19, 2014 meeting. MarketWatch listed Quantum Energy Inc. ATC stock at 50 cents a share with no trades after August 14, 2014.

The Billings Gazette published a follow up to the original story on Oct. 2nd.

After big splash, not a trickle of news about new Billings refinery plans

By Tom Lutey, Source: Billings Gazette.

More than a month after floating plans for a new oil refinery in Billings, Arizona-based Quantum Energy hasn’t been in touch with Yellowstone County commissioners.

Commissioner John Ostlund said he hasn’t heard from Quantum since Aug. 19, when CEO Andrew Kacic said Quantum wowed commissioners with talk of a $500 million Billings refinery to convert Bakken crude into diesel fuel. At the time, Kacic said Quantum would be revealing a potential refinery site a few days after his meeting with commissioners.

The announcement never came, and within days of Kacic’s meeting with county commissioners, court documents surfaced indicating Kacic had in the past run substantial personal expenses through his other businesses.

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Calls to Quantum Chairman Stanley F. Wilson were not returned Thursday.

The Big Sky Economic Development Authority, which normally vets large commercial project proposed in Yellowstone County, also confirmed no contact with Quantum since August.

Quantum had indicated plans to build five “micro-refineries” in Montana and North Dakota, each with a $500 million price tag and possibly 150 employees.

On its website, Quantum indicates it has a two-year option for a 144-acre refinery site near Fairview. The company also reports it has a three-year option on land near Baker.

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