Attached files
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| 8-K - FORM 8-K - Western Refining, Inc. | dp21219_8k.htm |
EXHIBIT 99.1
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Investor and Analyst Contact:
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Media Contact:
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Jeffrey S. Beyersdorfer
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Gary Hanson
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(915) 534-1400
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(915) 534-1400
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WESTERN REFINING BEGINS STARTUP OF ITS EL PASO REFINERY
EL PASO, Texas - February 14, 2011 – Western Refining, Inc. (NYSE: WNR) announced today that its El Paso refinery began starting various units late last week and anticipates returning to normal operation later this week. The El Paso refinery experienced damage and interruption to its operations due to record-breaking low temperatures and interruptions to its electrical supply beginning February 2, 2011.
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. Western’s 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 Company’s ability to identify and complete repairs to its El Paso refinery, the time frame for startup of certain processing units and its ability to return to normal operations this week. 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, Western’s business and operations involve numerous risks and uncertainties, many of which are beyond Western’s control, which could materially affect Western’s financial condition, results of operations and cash flows. Additional information relating to the uncertainties affecting Western’s 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.