Pecos Refinery Plans Progressing “Rapidly”

 

PECOS COUNTY, TX (Ben Caxton) — Plans for the recently announced Pecos County refinery are progressing “smoothly and rapidly.” That’s the word from Jack W. Hanks, President & CEO of MMEX Resources Corp who revealed plans to partner with KP Engineering to engineer, design and construct. On March 7th, MMEX announced plans to build a crude oil refinery in the Permian Basin about 20 miles northeast of Fort Stockton, subject to the receipt of required governmental permits and completion of required debt and equity financing. The state-of-the-art refinery project, with plans to export crude oil, fuels and petroleum products to western Mexico and South America, would generate approximately 400 local jobs during peak construction and approximately 100 permanent jobs upon becoming fully operational. KPE plans to subcontract with Interstate Treating and RAMA Fabrication of Odessa, Texas to engineer and cosntruct vessels and process modules for the refinery, allowing for the Pecos County refinery to be constructed using U.S.-sourced materials and equipment.

2 Comments on "Pecos Refinery Plans Progressing “Rapidly”"

  1. Michael Hites | April 13, 2017 at 7:27 am | Reply

    Was there an actual interview done or is this regurgitation of old news?
    Thank you

    • This is an ongoing story. The refinery was announced on March 7. On March 30th MMEX issued a press release regarding its new partners as outlined in the item. Follow-up interviews with company executives led to the quotes in this brief article on the new subject of the current status and progress after the initial announcement last month.

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