Killajoules

Western Refining Makes Offer to Acquire All Publicly-Traded Units of Northern Tier Energy LP
Western Refining, Inc. (NYSE:WNR) today announced that it has submitted a proposal to the Conflicts Committee of the Board of Directors of the general partner of Northern Tier Energy LP (NYSE:NTI) to acquire all of NTI’s outstanding publicly-held common units.

Western Refining Acquires Ownership Interests in Northern Tier Energy LP
Western Refining, Inc. (NYSE:WNR) today announced that it has entered into a definitive agreement to acquire ACON Investments' (ACON) and TPG's ownership interests in Northern Tier Energy LP (NYSE:NTI) for a total consideration of $775 million. ACON and TPG will receive the distribution on the common units that Western has acquired with respect to the quarter ended September 30, 2013. As a result of this transaction, Western owns Northern Tier Energy's general partner and 35,622,500 limited partner units, or approximately 38.7% of Northern Tier Energy. The balance of the limited partner units will remain publicly traded. The transaction was signed and closed on November 12, 2013.

Western Refining and Glencore International Enter Into Long-Term Commercial Supply Agreement
Western Refining, Inc. (NYSE:WNR) and Glencore International PLC announced today that two of their subsidiary companies, (York River Fuels, LLC and Glencore LTD) have entered into a long-term commercial supply and trading agreement. Glencore has agreed to provide global sourcing, supply and trading, and inventory and risk management services to support York River's mid-Atlantic wholesale business. In return, York River has agreed to provide rack marketing and contract and credit management.

Western Refining Announces Sale of Assets for $220 Million
Western Refining, Inc. (NYSE:WNR) today announced that it has entered into agreements with Plains Marketing, L.P. and Plains Pipeline, L.P., both subsidiaries of Plains All American Pipeline, L.P., for the divestiture of its Yorktown, Virginia facilities and an underutilized segment of its crude oil pipeline in southeast New Mexico for $220 million.

Western Refining Amends and Extends Revolving Credit Agreement
Western Refining, Inc. (NYSE:WNR) today announced the successful completion of an amendment and extension of its revolving credit agreement, thereby extending the maturity of certain revolver commitments, reducing interest expense, eliminating financial maintenance covenants, and providing additional borrowing base availability.