The Crude Life Podcast Episode 48
April 7, 2020
Guests/Topics:
Lance Medlin, Meridian Energy Group, Chief Operating Officer, Meridian Energy Group, talks about their agreement with Pinkerton.
Meridian Energy Group, Inc., the leading innovator in the petroleum refining industry, announced that the company has entered into a long-term agreement with Pinkerton, leaders in comprehensive risk management, providing risk advisory, security management and protective services to global organizations
Pinkerton, headquartered in Ann Arbor, MI, takes a unique, knowledge-based approach that leverages 170 years of legacy and institutional knowledge, blending it with innovative technology to reduce, manage, and mitigate risk.
This partnership further bolsters the risk management portfolio for Meridian, who announced last month the formation of its Environment Social and Governance (“ESG”) Committee, and the company’s alignment with the environmental and social risk management framework set forth in the Equator Principles. Under the agreement, Pinkerton will provide Risk Advisory and Security Management Services for the Davis Refinery, Meridian’s 49,500 bpd full-conversion refinery being developed in Belfield, ND. As Meridian’s main securities partner, Pinkerton will be an integral part of Meridian Energy Group’s securities structure, providing centralized leadership throughout its presence.
“Meridian can’t ask for a better strategic partner than Pinkerton – one that not only aligns perfectly with Meridian’s business philosophy, but also embodies our dedicated ESG focus,” said Lance Medlin, Meridian Executive Vice President and Chief Operating Officer. “Their proven formula Six-Phase Holistic Risk Assessment and Advisory Model approaches Corporate Risk Management in a uniquely holistic way, and will provide a customized solution to help Meridian obtain our unique risk maturity goals.”
Jason Maddox, Pinkerton Managing Director, had this to say regarding the partnership, “As Meridian’s main securities partner, Pinkerton will serve as the strategic point of contact for all solutions through their holistic approach to Security Enterprise Risk Management. As innovative leaders in our field, we look forward to supporting Meridian’s clean fuel vision and goals through our specialized solutions.”
John Mensa, Hanks Oil and Gas gives an update on the COVID-19 Shutdown in Ghana. Mensah describes what their quarantine looks like and how Hanks Oil and Gas is adapting.
Mensah currently has business on the books and is looking to expand into network into the United States. Mensah mentions what are some of the services they offer and what they are currently looking for.
Daily Radio Update on The Podcast:
Josh Swanson, Vogel Law discusses how “force majeure” is becoming an issue in oil and gas and what companies should be doing right now to handle a future situation. Swanson said there have already been “triggers’ placed in energy contracts due to the COVID-19 Shutdown.
Daily Headlines:
Texas Railroad Commission seeks to delay oil and gas tax deadline
UND economist: Bakken expected to recover faster from price collapse than in 2015 bust
Kevin Durant’s loss to Derrick Jones Jr. in ‘NBA 2K20’ has resulted in a gambling scandal
OJ Simpson Tweets Tiger King Guilty Verdict
Sponsor of the Day: Knighten Industries
Knighten Industries is a full service pump distributor servicing the Oil & Gas, Industrial, and Municipal markets since 1969. They offer Parts, Sales, and Service of all major brand pumps along with a 24-hour Service Department and a full-service machine shop. From the design stage, their engineers provide the data and resources necessary to ensure equipment reliability. Their factory-trained technicians are the eyes and ears of our Applications & Engineering Departments. By working together Knighten Industries are able to ensure efficient and responsive action when they are called to address your critical operations. Their manufacturing capabilities allow Knighten Industries to offer customized package equipment & service out their state-of-the-art machine shop located in Odessa, TX.
Featured Event: The Crude Life 2020 March Madness Tournament
The Crude Life 2020 March Madness Tournament Schedule
Final Four
(1) Swan Energy vs. (13) K9 Pipe Inspections
(2) Target Hospitality vs. (3) Aries Buildings
The Earth’s Champion Johnny Green’s Eco-Watch: How Environmental Movement Plans to Leverage the Coronavirus Pandemic
The Earth’s Champion Johnny Green has been traveling across the planet cleaning streets, sidewalks, swamps and souls as part of the Clean Your Mind Tour.
The Eco-Champ is engaging with people from all of Earth’s nations about the eco-realities cell phone usage and environmental energy.
The Greatest Environmentalist on Earth is letting the world know environmentalists have lost their way and Renewables Ain’t Doable Without Fossil Fuelables.
Planet Service Announcement:
Links to Exclusive Interviews:
Lance Medlin, Meridian Energy Group
John Mensah, Hanks Oil and Gas
The Crude Life Music Crossover: Moody River Band
Studio Sponsor: Hatch Coaching
Phone Line Sponsor: Bakken BBQ
The Crude Life Podcast can be heard every Monday through Thursday with a Week in Review on Friday.
Spread the word. Support the industry. Share the energy.
