Eighty-Eight Oil to build first major multi-grade crude oil loading unit train terminal near Guernsey, Wyoming

Casper,  Wyoming  -  January  29, 2013 - Eighty-Eight Oil LLC ("EEOLLC") announced today its plans to construct and operate a unit train facility on BNSF's mainline  near the Guernsey crude oil pipeline hub. The facility will be directly connected to EEOLLC's existing  Guernsey  crude  oil  terminal  which  has two  million  barrels  of  storage  and currently receives crude oil from Butte Pipeline, Belle Fourche Pipeline, Platte Pipeline, and the Rocky Mountain Pipeline System. The Guernsey terminal also maintains truck unloading facilities. The facility  will  be the first  rail transloading terminal  capable of loading multiple crude types including those from the Williston Basin (e.g. Bakken), the Powder River Basin (e.g. Niobrara), Southwest Wyoming, Big Horn Basin and Canada. "Because  this  terminal  is  being  designed  to  handle  multiple  crude  types,  we  are confident  of  its  long  term  viability",  says  Jerry  Herz,  Superintendent  of  EEOLLC. "Further,  by  connecting  our terminal  to  BNSF's expansive  railway system,  we  can provide producers of the Rocky Mountains and Canada further flexibility in adding value to their production and transporting it to markets throughout the United States."

"We look forward to working with EEOLLC to build and serve this unique unit train rail facility," said Dave Garin, BNSF group vice president, industrial products. "As demand continues to rise, rail has stepped up to provide a more flexible, long-term, and economical option to ship crude oil to destination markets throughout the East, West and Gulf coasts and along the Mississippi River."

With completion expected later this year, the facility will initially include three rail loop tracks and required tankage for unit train loading operations. Each loop track will be capable  of holding  one  unit train;  in addition,  the  automated  loading  racks will  be capable  of loading two trains with different  crude types simultaneously.     Initial rail loading capacity will be approximately 80,000 barrels per day with expansion capability.