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Dakota Nearing Completion of Pioneer Rail Terminal

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Dakota Nearing Completion of Pioneer Rail Terminal

Dakota Plains Holdings, Inc. has reported an operations update on the Pioneer Terminal expansion project that commenced in March of this year. 

The project consists of a double loop track that can accommodate two 120 rail car unit trains, 180,000 bbls of crude oil storage, a high-speed loading facility that can accommodate 10 rail cars simultaneously, and transfer stations to receive crude oil from local gathering pipelines and trucks. 

Highlights include: With 75% of construction completed and all materials secured, the $50 million project remains under budget; Full commissioning of the expansion is expected in late December 2013 as per the original schedule; The first gathering system pipeline has been connected to the Pioneer Terminal. A definitive agreement to receive oil has been…
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