Hyperion refinery lets options expire in South Dakota - KSFY News - Sioux Falls, SD News, Weather, Sports

Hyperion refinery lets options expire in South Dakota

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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 Hyperion still plans to argue the case Wednesday.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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