Source: Frontier Oil Corporation
Frontier Oil Corporation (NYSE: FTO) announced today that the Cheyenne Refinery crude unit has fully restarted following an update released earlier this week that repairs to the unit had been completed. The Cheyenne Refinery unit was shut down due to fire experienced on July 28, 2010
Including the effect of the fire-related downtime, the Company estimates average crude throughput of 32,000 barrels per day at the Cheyenne Refinery for the third quarter 2010. The Company also anticipates an increase to third quarter operating costs of approximately $6.0 million for repairs resulting from the fire.
Frontier operates a 135,000 bpd refinery located in El Dorado, Kansas, and a 52,000 bpd 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.