Bloomberg News

Flint Hills, Koch to Market Permian-Basin Oil From First Quarter

November 01, 2011

Nov. 1 (Bloomberg) -- Flint Hills Resources LLC and Koch Supply & Trading LP have agreed to jointly buy and transport crude oil from the Permian Basin by rail from Odessa in western Texas to the Gulf Coast.

The companies will be able to market the crude from the first quarter of 2012, according to a statement on the Flint Hill’s website yesterday.

--Editors: Raj Rajendran, Rob Verdonck.

To contact the reporter on this story: Nidaa Bakhsh in London at nbakhsh@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


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