Societe Generale to Act as Financial Advisor

Cerilon is pleased to announce the engagement of Societe Generale to provide financial advisory and placement services for the development of its first U.S. based, large-scale Gas-to-Liquids (GTL) facility in Williams County, North Dakota. The GTL facility will convert natural gas into high-performance energy products that include synthetic lubricant base oils, ultra-low sulfur diesel, and naphtha.

Societe Generale delivers industry leading expertise in investment banking, global finance and global markets with operations in over 60 countries with a proven track record and market leadership position in financial advisory across the energy space. They have also been selected to provide Cerilon with financial and strategic advisory services including overall commercial structuring and financing advice.

Cerilon’s proposed GTL facility is a key piece of energy transition infrastructure to support North Dakota’s pursuit of its 2030 carbon-neutral objective. The GTL facility will process excess natural gas production that would otherwise be wasted in order to generate sustainable energy products. The facility will include carbon capture and sequestration and will anchor a carbon hub for other facilities