Frontier Oil Corporation says total capital expenditures estimated as of Sept. 30, 2010 for the El Dorado Refinery to comply with the final gasoline sulfur standard are about US$95 million, including capitalized interest, and are expected to be completed in…
Frontier Oil Corporation’s El Dorado Refinery is subject to a 1988 consent order with the Kansas Department of Health and Environment (KDHE).
Subject to the terms of the purchase and sale agreement for the El Dorado Refinery entered into between the…
Frontier Oil Corporation’s long-term environmental liabilities were US$5,326,000 as of Sept. 30, 2010, compared with US$12,237,000 as of Dec. 31, 2009.
The Company accrued environmental costs of US$2,521,000 as of Sept. 30, 2010, compared with US$7,599,000 as of Dec. 31, 2009.
Headquartered…
Frontier Oil Corporation recorded remaining accruals of US$618,000 at Sept. 30, 2010 and US$1.2 million at Dec. 31, 2009 for corrective measures stemming from a Notice of Violation from the Wyoming Department of Environmental Quality.
The Company completed in 2007 the…
Frontier Oil Corporation, as of Sept. 30, 2010 and Dec. 31, 2009, had a US$4.6 million accrual included on the Condensed Consolidated Balance Sheets related to the remediation program.
The Company is party to an agreement with the State of Wyoming…
Frontier Oil Corporation, for long-term compliance, expects to spend about US$40 million (US$17.7 million incurred as of Sept. 30, 2010) for the FCCU gasoline hydrotreater project comprised of new process unit capacity and intermediate inventory handling equipment.
In addition, new federal…
As of Sept. 30, 2010, Frontier Oil Corporation’s remaining accrual for the Cheyenne Refinery was US$874,000.
In October 2009, Frontier Refining Inc. (which owns the Cheyenne Refinery) was served with a Complaint from Region 8 of the U.S. Environmental Protection Agency…
Frontier Oil Corporation had accruals of US$1.2 million at Dec. 31, 2009 and US$995,000 at Dec. 31, 2008 for additional work related to certain corrective measures.
The Company completed in 2007 the negotiation of a settlement of a Notice of Violation…
Frontier Oil Corporation says that, during the first quarter of 2010, negotiations have continued with the U.S. Environmental Protection Agency regarding storage breaches at the Cheyenne Refinery.
The Company now expects that the Complaint will be settled for less than the…
Frontier Oil Corporation had a US$4.6 million accrual as of Dec. 31, 2009 (US$5 million as of Dec. 31, 2008) included on the Consolidated Balance Sheets related to Cheyenne Refinery remediation program.
The Company is party to an agreement with the…