Western Refining Inc. Announces an Open Season for Proposed Conan Crude Oil Gathering Pipeline System
May 30 2017 - 4:45PM
Western Refining, Inc. (NYSE:WNR) announces the start of a binding
open season for the proposed new Conan Crude Oil Gathering Pipeline
System to be constructed, owned and operated by its subsidiary,
Western Refining Conan Gathering, LLC.
The gathering system would be approximately 130
miles in length, and would transport crude oil from origins in Lea
County, New Mexico and Loving County, Texas to a terminal to be
constructed in Loving County, Texas, where the gathering system
would interconnect with long-haul pipeline carriers.
The open season began at 9 a.m. CDT on
Tuesday, May 30, 2017 and will conclude Friday, June 30, 2017, at 5
p.m. CDT. Any person interested in learning more about
the proposed gathering system or binding open season should submit
an executed confidentiality agreement as described in the Notice of
Open Season that is posted on the company’s website, or contact
Brent McCune (tel.: (602) 286-1970; email:
Brent.McCune@wnr.com).
About Western Refining Western
Refining, Inc. is an independent refining and marketing company
headquartered in El Paso, Texas. The Company operates refineries in
El Paso, Gallup, New Mexico and St. Paul Park, Minnesota. The
Company’s retail operations include retail service stations and
convenience stores in Arizona, Colorado, Minnesota, New Mexico,
Texas, and Wisconsin, operating primarily through the Giant,
Howdy’s, and SuperAmerica brands.
Western Refining, Inc. also owns the general
partner and approximately 53 percent of the limited partnership
interest of Western Refining Logistics, LP (NYSE:WNRL).
Forward Looking Statements.
Certain statements in this press release may constitute
“forward-looking” statements. Forward-looking statements are
identified as any statement that does not relate strictly to
historical or current facts. WNR cannot, and does not, give any
assurance that expectations about future events will prove to be
correct. Forward-looking statements are subject to a variety of
risks, uncertainties and assumptions. These risks and uncertainties
include the risks that the proposed transaction may not be
consummated. These and other risks and uncertainties are discussed
in more detail in filings made by WNR with the Securities and
Exchange Commission, which are available to the public. All
forward-looking statements are only as of the date made and WNR
does not undertake (and expressly disclaims) any obligation to
update publicly or to revise any forward-looking statements,
whether as a result of new information, future events or
otherwise. More information about Western Refining is
available at www.wnr.com.
Investor and Analyst Contact:
Michelle Clemente
(602) 286-1533
Media Contact:
Gary W. Hanson
(602) 286-1777
Western Refining (NYSE:WNR)
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