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Flint Hills, Koch to Market Permian-Basin Oil From First Quarter

01 Nov 2011

Flint Hills Resources LLC and Koch Supply & Trading LP have agreed to jointly buy and transport crude oil from the Permian Basin by rail from Odessa in westernTexas to the Gulf Coast.

The companies will be able to market the crude from the first quarter of 2012, according to a statement on the Flint Hill’s website yesterday.