Interline Purchases Expansion Property
Posted on: Tuesday, 6 November 2007, 09:00 CST
ALPINE, Utah, Nov. 6 /PRNewswire-FirstCall/ -- Interline Resources Corporation (Pink Sheets: IRCE): today announced that an agreement has been reached with Newfield RMI on the purchase of a 12 acre tract bordering their new NorthCut Refining facility located near Douglas, Wyoming. Included in this purchase are office, storage and utility buildings that can accommodate maintenance of Interlines' own tanker trucks.
Michael Williams, President and CEO of Interline stated "The addition of the Newfield property to NorthCut Refining will enhance our ability to better serve both suppliers and customers of NorthCut. This purchase also gives us flexibility for future expansion of our refinery as market opportunities dictate."
The NorthCut Refinery project is currently under construction and scheduled to be placed into service near the end of December 2007.
Note: The statements released by Interline that are not purely historical are considered to be forward-looking statements. These statements by their nature involve substantial risks and uncertainties, and actual results may differ materially depending on a variety of factors, many of which are not within Interline's control. These factors include, but are not limited to, economic conditions generally and in the markets in which Interline may participate, competition within Interline's markets and failure by Interline to successfully develop business relationships.
Interline Resources Corporation
CONTACT: Michael R. Williams of Interline Resources Corporation,+1-801-756-3031, or Fax, +1-801-756-8843, mikew@interlineresources.com
Web site: http://www.interlineresources.com/
Source: PRNewswire-FirstCall
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