News

May 14, 2010

PRESS RELEASE – GIBSON ENERGY ULC TAYLOR COMPANIES
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Calgary, Alberta, Canada

Mr. A. Stewart (Stew) Hanlon, President and C.E.O. of Gibson Energy ULC (“Gibson”) is pleased to announce that Gibson Energy ULC has completed the acquisition of the outstanding membership interests and other equity securities of Taylor Companies LLC, a Delaware limited liability company (“Taylor”), as well as certain assets of Taylor Propane Gas Inc. from Taylor Logistics LLC.

Headquartered in Mesquite, Texas, Taylor is the largest independent for-hire crude oil transportation and logistics business in the United States; Taylor’s operations include more than 340 specialized tractor-trailer units handling 49 million barrels of crude oil annually, 71 pipeline injection stations and a crude oil and NGL marketing business. Taylor has operations in most major crude oil producing states in the United States.

We are extremely pleased to be able to announce the closing of this acquisition transaction. With Taylor’s significant assets and exposure from Mississippi west to New Mexico and all the way up to the North Dakota Bakken, we view this as a significant platform to continue the growth of our company as a premier North American midstream player. We certainly look forward to welcoming all of the Taylor employees to the Gibson Team.

February 1, 2010

Organizational Announcement
With the purpose of meeting the following objectives:

• Enable Taylor to achieve our mission: ‘Be the provider of choice for trucking and logistics
   serving the petroleum gathering and marketing industry’.
• Position our organization to provide the focus and leadership necessary to deliver against
  our key focus areas of Best in Class Safety, Service, Cost, and People.
• Achieve the double-digit growth objectives across all areas of the business for the next
   several years.

The Operations team, effective immediately, has been reorganized into four distinct operating units with three Regional Field Operations units and the Taylor Service & Dispatch Operations as follows:
Norman Krutsinger will assume the role of Region Operations Director, Southeast Region, a newly created position, with responsibility for Mississippi, Louisiana, East Texas/Gulf Coast, and South Texas. His region will have 130 trucks and 20 Taylor Stations.  
Gene McDougald will assume the role of Region Operations Director, Southwest Region, a newly created position, with responsibility for West Texas, New Mexico, Oklahoma/Texas Panhandle and Kansas. His region will have 100 Trucks, 31 Taylor Stations and 1 pipeline collection system.
Jerry Koppinger will continue in his current role as Region Operations Director, Rockies, with responsibility for Montana, North and South Dakota, Wyoming and Colorado. His region will have 120 trucks and 20 Taylor Stations.
Mike Eccleston will assume the role of Director of Operations, Taylor Service Center, with responsibility for Dispatch Operations and Service with 24/7/365 coverage in Mesquite, and dotted-line responsibility for Eunice, LA and Hobbs, NM.
Gene, Norman, Jerry and Mike will continue reporting to me.

Tamara Putney will continue in her role of Technical Support Manager. Currently reporting to Gene, she will now report to me.
Please join me in congratulating everyone on their new assignments and thank you in advance for giving each of these key leaders and their teams your full support.
Best Regards,

Joe C. Dickerson
Vice-President - Operations