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Western Refining Announces Start-Up Of Delaware Basin Logistics Project

Stocks in this article: WNR

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 stand-alone refined products terminals in Albuquerque and Bloomfield, New Mexico, asphalt terminals in Albuquerque, El Paso, and Phoenix and Tucson, Arizona, retail service stations and convenience stores in Arizona, Colorado, New Mexico, and Texas, a fleet of crude oil and finished product truck transports, and wholesale petroleum products operations in Arizona, California, Colorado, Maryland, Nevada, New Mexico, Texas, and Virginia. 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 Securities Litigation Reform Act of 1995. The forward-looking statements contained herein include statements about future: completion of gathering lines including the timing and cost thereof, ability to deliver crude oil to the Kinder Morgan Line and El Paso refinery up to 100,000 barrels per day or at all, ability of the El Paso refinery to process Delaware Basin-sourced crude oil, expansion of the Delaware Basin System including connection to the TexNew Mex Pipeline and expansion of rail capabilities at Gallup, supply flexibility for delivery of new shale crude oil to our refineries or others, expansion and enhancement of our logistics capabilities in the Permian Basin and Four Corners regions, and our ability to capitalize on increased crude oil production. These statements are subject to the general risks inherent in our business and may or may not be realized. Additional information relating to the uncertainties affecting Western's business is contained in its filings with the Securities and Exchange Commission. 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.

CONTACT: Investor and Analyst Contact:
         Jeffrey S. Beyersdorfer
         (602) 286-1530
         
         Media Contact:
         Gary Hanson
         (602) 286-1777

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