Hyperion Lets Land Options Expire In South Dakota - News, Weather and Sports for Sioux City, IA: KCAU-TV.com

Hyperion Lets Land Options Expire In South Dakota

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By: Channel 9 Eyewitness News

news@kcautv.com

SIOUX FALLS, S.D. (AP) _ A company that planned to build a $10 billion oil refinery has allowed land-purchase options to expire on more than 5,000 acres of southeastern South Dakota farmland.

Officials with Texas-based Hyperion Refinery say the move does not mean the project has been canceled.

Hyperion spokesman Eric Williams says the company is ``evaluating our various options and opportunities.''

The move comes just days before the South Dakota Supreme Court is scheduled to hear oral arguments in a case involving a state air quality permit for the refinery.

The Sioux City Journal reports (http://bit.ly/SYDtwG) that Hyperion still plans to argue the case Wednesday.

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