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8-K - FORM 8-K - Western Refining, Inc. | d79476e8vk.htm |
EXHIBIT 99.1
Investor and Analyst Contact:
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Media Contact: | |
Jeffrey S. Beyersdorfer
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Gary Hanson | |
(915) 534-1400
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(915) 534-1400 |
Western Refining Announces Temporary Suspension of Refining Operations at its El Paso Refinery Due to Extreme Weather Conditions
February 7, 2011 Western Refining (NYSE:WNR) announced today that on February 2, 2011, it
temporarily suspended refining operations at its El Paso refinery due to inclement weather in El
Paso and related curtailment of electricity by the local utility. The El Paso refinery experienced
some freeze-related damage and the Company has begun the necessary
repairs to resume operations. Management anticipates beginning
startup of certain processing units in approximately three to five
days and is working with its customers and suppliers to address any interruptions that may arise
from this event.
About Western Refining
Western Refining, Inc. is an independent refining and marketing company headquartered in El Paso,
Texas. Western operates refineries in El Paso, and Gallup, New Mexico. Westerns asset portfolio
also includes refined products terminals in Albuquerque and Bloomfield, New Mexico and Yorktown,
Virginia, asphalt terminals in Phoenix and Tucson, Arizona, Albuquerque, and El Paso, retail
service stations and convenience stores in Arizona, Colorado, and New Mexico, a fleet of crude oil
and finished product truck transports, and wholesale petroleum products operations in Arizona,
California, Colorado, Nevada, New Mexico, Texas, and Utah. More information about the Company is
available at www.wnr.com.
Cautionary Statement on Forward-Looking Statements
This press release contains forward-looking statements which are protected as forward looking
statements under the Private Litigation Securities Reform Act of 1995. The forward-looking
statements contained herein include statements about, among other things, the Companys ability to
identify and complete repairs to its El Paso refinery, the time frame for startup of certain
processing units and managements ability to work with its customers and suppliers to address any
interruptions. These statements are subject to the general risks inherent in our business. Our
expectations may or may not be realized. Some of our expectations may be based upon assumptions or
judgments that prove to be incorrect. In addition, Westerns business and operations involve
numerous risks and uncertainties, many of which are beyond Westerns control, which could
materially affect Westerns financial condition, results of operations and cash flows. Additional
information relating to the uncertainties affecting Westerns business is contained in its filings
with the Securities and Exchange Commission to which you are referred. The forward-looking
statements are only as of the date made, and Western does not undertake any obligation to (and
expressly disclaims any obligation to) update any forward looking statements to reflect events or
circumstances after the date such statements were made, or to reflect the occurrence of
unanticipated events.