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Re: Enterprising Investor post# 339

Friday, 01/08/2016 6:51:21 PM

Friday, January 08, 2016 6:51:21 PM

Post# of 4301
Up until now the refinery has been running at a mediocre 76% capacity of refinery throughput.

•Total refinery throughput for the quarter ended June 30, 2015 totaled 914,950 bbls, or 11,437 bpd, compared to 968,259 bbls, or 11,527 bpd, for the same period a year earlier.


"The Nixon Facility has been running well, with peak refinery throughput hitting in excess of 14,000 bpd," Carroll said in a statement.

I'm hoping this statement is a sneak peek into what we can expect for Q4. If so this would be a substantial 18% improvement on refinery throughput.

76% + 18% = 94% Refinery throughput. If this rate can be sustained it puts the Nixon refinery on par with it's peers.


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