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Oil & Gas Refining & Marketing

Frontier Refining & Marketing Inc.

Frontier Refining & Marketing Inc.

Frontier Refining & Marketing, a subsidiary of Frontier Holdings Inc. (which is a subsidiary of Frontier Oil Corporation), operates all of Frontier Oil's marketing, crude and product supply, planning, human resources, and accounting functions. Frontier Refining & Marketing primarily sells its gasoline and diesel to unbranded jobbers, but it also supplies retail operations of other oil companies. The company itself has no retail marketing locations, but does allow jobbers to use the Frontier logo on their retail outlets. Frontier Refining & Marketing is also a major marketer of asphalt to the Front Range area.

Idemitsu Kosan Co., Ltd.

Idemitsu Kosan Co., Ltd.

Idemitsu Kosan Co., Ltd. was founded in Moji, Kita-Kyushu, in 1911 under the name of Idemitsu Shokai to engage in oil distribution. Since its foundation, Idemitsu has worked hard under the fundamental principle of social contribution through business, always maintaining respect for human beings in carrying out business operations. During its 97-year history, the Company has deployed its expertise globally in a wide range of strategic businesses, such as Core Businesses, including fuel products and basic chemicals; High Value- Added Businesses, including lubricants, performance chemicals, engineering plastics and such electronic materials as organic light emitting diode (OLED) materials, developed based on its own technologies cultivated in the Core Businesses; and Resource Businesses, including coal, uranium and geothermal energy in addition to oil exploration and production. As long as Japanese drive Toyotas, there will be a role for Idemitsu Kosan. The company is the #2 oil refiner in Japan (behind Nippon Oil). At its four refineries in Japan (processing 640,000 barrels per day) Idemitsu Kosan produces petroleum products, such as gasoline and other fuels, kerosene, and lubricants. It markets its fuel products through a network of 4,600 service stations. Idemitsu Kosan sells heavy oil and jet fuels to industries and kerosene and liquefied petroleum gas (LPG) to the residential sector. The company also has interests in oil exploration and production, as well as in other energy sources, including coal and uranium.

Questerre Energy Corporation

Questerre Energy Corporation

Questerre Energy's quest is the exploration for and production of oil and gas in Canada. The company focuses on developing large-scale natural gas projects, in Alberta, British Columbia, Quebec, and Saskatchewan. Questerre Energy's key asset is in the shales of the St. Lawrence Lowlands, between Montreal and Quebec City. It also holds assets in the Beaver River field, a large natural gas field in northeastern British Columbia, and has exploration acreage in the Hector and Westlock areas of central and southern Alberta. In 2008 the company reported proved plus probable reserves of 2.9 million barrels of oil equivalent. The Company’s common shares trade on the TSX and Oslo Stock Exchange under the symbol QEC.

Truman Arnold Companies, Inc.

Truman Arnold Companies, Inc.

Truman Arnold Companies (TAC) markets and distributes more than 1 billion gallons of petroleum products a year to customers located in 48 states in the US through its TAC Energy subsidiary. Its TAC Terminals unit operates two major petroleum terminals in Arkansas (with 1.3 million barrels of capacity). Through its TAC Air unit, Truman Arnold Companies offers fixed-based operations (FBO), including aircraft fueling, hanger, and ground transportation services, through 13 general aviation facilities in the US. Truman Arnold Companies also operates two Road Runner convenience stores and has interests in real estate and ranching.

Energy Partners, Ltd.

Energy Partners, Ltd.

Energy Partners, Ltd. was founded in 1998 and is based in New Orleans, Louisiana.Energy Partners, Ltd. engages in the exploration and production of oil and natural gas in the United States. Energy Partners, Ltd. operates primarily in the shallow to moderate-depth waters in the Gulf of Mexico focusing on the areas offshore Louisiana, as well as the deepwater Gulf of Mexico. As of December 31, 2008, Energy Partners, Ltd. had estimated proved reserves of approximately 90.8 billion cubic feet of natural gas and 21.6 million barrels of oil.

Wild Well Control, Inc.

Wild Well Control, Inc.

Wild Well Control provides emergency well control, firefighting, and engineering services to oil and gas companies worldwide. Wild Well Control, Inc. services include well control training, relief well design, emergency response planning, and data management. Wild Well Control, Inc. offers a portfolio of equipment including firefighting pumps and wagons, deluge systems, and field response units, as well as equipment and maintenance. Wild Well Control has contained oil well fires at land and offshore rigs in Europe, the Middle East, North and South America, and Southeast Asia. Wild Well Control, Inc. is a subsidiary of Superior Energy Services, which bought Wild Well Control in 2001.

Sharpe Resources Corporation

Sharpe Resources Corporation

Sharpe Resources Corporation, a mineral resources company, engages in the acquisition, exploration, development, and production of coal, shale gas, and coal bed methane primarily in the northern and central Appalachian region of the eastern United States. Sharpe Resources Corporation, through its wholly-owned subsidiary, Sharpe Energy Company, owns oil and gas royalty interests in Texas. Sharpe Resources Corporation also holds a 100% coal mineral rights on 17,000 acre property located in Preston County, West Virginia. Sharpe Resources Corporation was formerly known as Sharpe Energy & Resources Limited and changed its name to Sharpe Resources Corporation. Sharpe Resources Corporation was incorporated in 1980 and is based in Heathsville, Virginia.

Golden Gate Petroleum

Golden Gate Petroleum

Golden Gate Petroleum is an existing multi-branded wholesale distributor of fuel and lubricants.Golden Gate Petroleum distributes daily about 2 million gallons of petroleum products, including BP, Chevron, ExxonMobil, and Shell branded fuels, base oils, and lubricants, to customers located throughout northern California and Nevada. Golden Gate Petroleum transports its products through a system of pipelines, bulk terminals, railroad cars, and trucks. Its customers include agricultural, commercial, and industrial users. Golden Gate Petroleum also operates 25 gas stations. Golden Gate Petroleum maintains and operate seven plant facilities located in Martinez, Hayward, San Jose, Richmond, Salinas, Brentwood, and Paso Robles encompassing tank farms, office space, and warehouses.

Alon USA Energy, Inc.

Alon USA Energy, Inc.

Alon USA Energy, Inc., together with its subsidiaries, engages in the refining and marketing of petroleum products primarily in the south central, southwestern, and western regions of the United States. The company operates in three segments: Refining and Unbranded Marketing, Asphalt, and Retail and Branded Marketing. The Refining and Unbranded Marketing segment refines crude oil into petroleum products, including gasoline, diesel fuel, jet fuel, motor fuel, petrochemicals, feedstocks, and asphalts in its sour and heavy crude oil refineries in Big Spring, Texas, and Paramount and Long Beach in California; and light sweet crude oil refinery in Krotz Springs, Louisiana. The Asphalt segment markets paving and roofing grades of asphalt, including performance-graded asphalts, emulsions, and cutbacks through its 12 refinery/terminal locations in Big Spring, Texas; Paramount, Long Beach, Elk Grove, Bakersfield, and Mojave, California; Willbridge, Oregon; Richmond Beach, Washington; Phoenix, Flagstaff, and Fredonia, Arizona; and Fernley, Nevada. This segment also owns a 50% interest in Wright Asphalt Products Company, LLC, which specializes in patented tire rubber modified asphalt products. The Retail and Branded Marketing segment operates convenience stores that offer various grades of gasoline, diesel fuels, general merchandise, and food and beverage products to the general public, primarily under the 7-Eleven and FINA brand names. It also licenses the use of the FINA brand name and provides credit card processing services to approximately 240 licensed locations. As of December 31, 2008, this segment operated 306 convenience stores primarily in central and west Texas, and New Mexico. The company was founded in 2000 and is based in Dallas, Texas. Alon USA Energy, Inc. is a subsidiary of Alon Israel Oil Company, Ltd.

Aera Energy LLC

Aera Energy LLC

Aera Energy LLC (Aera), a California limited liability company, is one of California’s largest oil and gas producers, accounting for approximately 30% of the state’s production. With headquarters in Bakersfield, most of Aera’s production is centered in the San Joaquin Valley. Aera Energy LLC also has oilfield operations in the L.A. Basin and in Ventura and Monterey Counties. Aera produces approximately 160,000 barrels of oil and 50 million cubic feet of natural gas each day and has proved oil and gas reserves equivalent to approximately 800 million barrels of oil. Aera Energy LLC, which began operating as Aera Energy LLC on June 1, 1997, consists of the California onshore and offshore exploration and production (E&P) assets previously operated by CalResources LLC (a former Shell Oil Company affiliate), Mobil Exploration & Producing U.S. Inc. (now an Exxon Mobil Corporation affiliate), and ARCO. Today Aera is jointly owned by Shell and ExxonMobil and is operated as a stand-alone company through its own board of managers (directors). The California-based refining, retail petroleum marketing and pipeline operations of Shell and ExxonMobil are not included in Aera.

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