Frontier Oil Experiences Fire at Cheyenne Refinery Coking Unit
HOUSTON, Monday Dec. 17, 2007 /PRNewswire-FirstCall/ — Frontier Oil Corporation announced that it experienced a fire in the delayed coking unit (coker) at its Cheyenne Refinery Saturday evening, December 15, 2007. Two Frontier employees sustained minor injuries while fighting the fire. Refinery personnel continue to assess the damage, but preliminary estimates indicate the coker outage will be less than 30 days. The Company expects to run the crude unit at reduced rates during the coker outage. When available, the Company will post updated throughput estimates and damage/outage assessments under the investor relations section of its website at http://www.frontieroil.com.
Frontier operates a 110,000 barrel-per-day refinery located in El Dorado, Kansas, and a 52,000 barrel-per-day 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.
The Frontier Cheyenne Refinery Coking Unit had a Fire Saturday and only 2 employees were injured see details in this news alert.
Both Frontier Refineries have EPC coker projects this year:
Frontier Cheyenne has a $67 million coker expansion project that completes in 2nd Half 2007 (other units substantially completed in 2Q07) and Frontier EL Dorado had a $40 million coke drum replacement project this year. Both projects will increase the amount of heavy crude processed and at higher crude rates while decreasing the amount of asphalt produced and increasing the amount of higher margin products.
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