HOUSTON, Aug 23, 2010 (BUSINESS WIRE) -- Frontier Oil Corporation (NYSE: FTO) today provided an update on the
Cheyenne Refinery crude unit that was shut down due to a fire
experienced on July 28, 2010. Repairs on the crude unit have been
completed. The Company anticipates resuming throughput and production
later this week and will provide an update at that time, including
estimated quarterly throughput rates and repair costs. The accelerated
maintenance on the naphtha reformer and diesel hydrotreater have also
been completed, and these units will resume normal operations along with
the crude unit.
Frontier operates a 135,000 bpd refinery located in El Dorado, Kansas,
and a 52,000 bpd refinery located in Cheyenne, Wyoming, and markets its
refined products principally along the eastern slope of the Rocky
Mountains and in other neighboring plains states. Information about the
Company may be found on its website www.frontieroil.com.
This press release includes "forward-looking statements" as defined
by the Securities and Exchange Commission. Such statements are those
concerning strategic plans, expectations and objectives for future
operations. All statements, other than statements of historical fact,
included in this press release that address activities, events or
developments that the Company expects, believes or anticipates will or
may occur in the future are forward-looking statements. These
statements are based on certain assumptions made by the Company based on
its experience and perception of historical trends, current conditions,
expected future developments and other factors it believes are
appropriate in the circumstances. Such statements are subject to a
number of assumptions, risks and uncertainties, many of which are beyond
the control of the Company. Investors are cautioned that any such
statements are not guarantees of future performance and that actual
results or developments may differ materially from those projected in
the forward-looking statements.
SOURCE: Frontier Oil Corporation
Frontier Oil Corporation
Kristine Boyd, 713-688-9600 x135
Copyright Business Wire 2010