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MDU, Calumet Join Forces for Bakken Refinery Project

MDU Resources Group Inc. Calumet Specialty Products Partners, L.P.
AnnouncedFeb 7, 2013
TypeJV
LocationBakken Shale & Three Forks
Announced Date
February 07,2013
Transaction Type
JV




Snapshot
Location
Region
Williston Basin

Country
United States

State
North Dakota

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MDU Resources Group Inc. and Calumet Specialty Products Partners L.P. have formed a joint venture to develop, build and operate a diesel refinery in southwestern North Dakota. The joint venture will be called Dakota Prairie Refining, LLC.

MDU Resources Group’s participation in the joint venture will be through its wholly owned subsidiary, WBI Energy, Inc.

The facility will process 20,000 barrels per day of Bakken crude oil. Construction could begin this spring, and is expected to take up to 20 months. The plant will be located on a 318-acre site located west of Dickinson in Stark County, N.D…



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