For Immediate
Release CEO Hired To Head Refinery Project in Yuma County PHOENIX, Ariz (February 20, 2004) - Arizona Clean Fuels announced today that Glenn McGinnis will assume the role of CEO for the company. In this position, he will be responsible for all day-to-day activities involved in permitting, constructing and operating Arizona's first oil refinery facility planned for Yuma County, Ariz. McGinnis is a long-time oil and petroleum industry expert having been actively engaged in refining projects and operations for the past two decades. He served most recently as Vice President & General Manager for El Paso Corporation's Aruba Refinery where he was responsible for the operation of a 260,000 barrel-per-day (B/D) refinery with 600 employees and 1,000 contractors. Prior to El Paso, McGinnis held various positions with Aux Sable Liquid Products, Orion Refining Corporation, TransAmerican Refining Corporation, Imperial Oil Limited and Exxon. Highlights include: oversight of El Paso's Aruba refinery sale to Valero, operation of the largest NGL plant in North America, oversight of Orion's $1 billion expansion and restart of a 155,000 B/D refinery in Louisiana and oversight of Exxon's raw material supply in Malysia, Thailand, Singapore, Japan and Argentina. He also maintains his own oil and gas consulting firm Pegasus Quality Consulting. "Having Glenn at the helm of the Arizona Clean Fuels is invaluable as we move forward through the permitting phase of the refinery project. He brings a wealth of knowledge and experience in refinery operations and start-ups that only a handful of people in the world possess. We believe that his leadership will serve to accelerate the project so we can begin supplying gas and diesel to Arizona's growing market quickly," said David Treanor, VP of Arizona Clean Fuels. "This project is a real opportunity for me to utilize my experience and background for the benefit of the shareholders and future employees of Arizona Clean Fuels and for the people of Arizona and Yuma County. I look forward to working with all levels of government and the local citizens to make this refinery a reality," said McGinnis. Arizona Clean Fuels is an Arizona-based company that has proposed to build an ultra-modern next-generation oil refinery to produce gasoline, diesel and jet fuel to serve Arizona's growing population, supplying approximately one-half of the state's demand. The facility will be held to the most stringent local, state and federal environmental laws and regulations. For more information, go to www.arizonacleanfuels.com. ###
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