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Company Profile:

Par Petroleum is a diversified energy company. Our common stock is publicly traded on the over-the-counter (OTC) market under the trading symbol "PARR." We have an active, opportunistic growth strategy targeting energy and other oil and natural gas producing assets.

Our assets include:
  • A 33% interest in Piceance Energy, LLC, which comprises oil and natural gas assets, surface real estate, and other related assets located in the Piceance Basin geologic province of Colorado's Mesa and Garfield counties. Piceance Energy, LLC is a joint venture with Laramie Energy II, LLC.
  • Texadian, a company that focuses on sourcing, marketing, transportation and distribution of crude oil and refined products. Texadian’s significant logistics capability consist of historical pipeline shipping status, a rail car fleet, and expertise in contracted chartering of tows and barges. Through these logistics positions, Texadian has a long-term competitive advantage in moving crude oil from land-locked locations in the Western U.S. and Canada to the refining hubs in the Midwest, the Gulf Coast, and the East Coast. The company also capitalizes on crude oil and other opportunities through physical trading and optimizing physical assets. In addition, Texadian is involved in the development of strategic storage and distribution assets.
  • Hawaii Independent Energy (HIE), an integrated refined products business that includes a refinery, 27 miles of pipelines, five refined products terminals, and a single-point mooring and other logistics assets.  HIE also supplies gasoline to 31 Tesoro-branded retail stations.  The refinery produces ultra-low sulfur diesel, gasoline, jet fuel, marine fuel and other associated refined products. It has approximately 94,000 barrels per day of throughput capacity, 2.4 million barrels of crude oil and feedstock storage and 2.5 million barrels of refined products storage. HIE is the largest supplier of transportation fuels in Hawaii, serving its population of approximately 1.4 million residents and 8 million annual visitors.
  • An interest in Point Arguello, an offshore unit in California and interests in other miscellaneous assets.
 

Businesses:

Texadian Energy, sources, markets, transports and distributes crude petroleum-based energy products. With significant logistics capability in historical pipeline shipping status, a rail car fleet, and expertise in contracted chartering of tows and barges, the company believes it has a long-term competitive advantage in moving crude oil from land-locked locations in the Western U.S. and Canada to the refining hubs in the Midwest, the Gulf Coast, and the East Coast.   Headquartered in Oahu, Hawaii Independent Energy (HIE), is an integrated refined product business serving Hawaii and its population of approximately 1.4 million residents and 8 million annual visitors. The refinery has approximately 94,000 barrels per day of throughput capacity, 2.4 million barrels of crude oil and feedstock storage and 2.5 million barrels of refined products storage. The refinery produces ultra-low sulfur diesel, gasoline, jet fuel, marine fuel and other associated refined products. HIE's logistics assets include five refined products terminals, 27 miles of pipelines, a single point mooring terminal and other associated assets. In addition, HIE supplies gasoline to 31 Tesoro-branded retail stations.

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