collaborative tools for oil refiners and explorers while investing heavily in both

Oil industry analysts and trade organizations like
the American Petroleum Institute say they know of no one else doing the same thing as Covenant Moore Oil and Gas Inc.

HISTORY

Covenant Moore Oil and Gas, Inc. founded in 1991 by three friends, namely Jimmy Moore, Joseph Power and J.B Johnson started in a small one room apartment place on Bissonnet Street in Houston. The company started business with helping to direct gasoline tankers to areas of shortages. In 1994, the company branched into areas of retail by purchasing two gas service station. In 2004, the company started investing in refineries and exploration around the Texas peninsula. In 2006, the company registered in the state of Texas as a full fledge refiners while at the same time providing excellent logistics and production technologies to a number of refiners in and around the State of Texas.

In 2007, the company acquired 1400 acres of land in Laredo, Texas where its currently building a 150,000 barrels a Day refinery. The state of the art refinery is scheduled for commissioning in April of 2009. This refinery when commissioned will further strengthens production geographic and product diversity. Plus, the refinery is a great value because more than $340 million has been invested in it over the past two years with additional $300 budgeted for completion and take-off.

Output

The expected output from Covenant Moore Oil and Gas refinery include lowercost heavy sour crude oil and a high yield of finished distillate products and valuable intermediate feedstocks that can be marketed anywhere in the world.

Because the refinery’s product slate matches up so well with the company’s high quality stance we will able to move these feedstocks to other refineries which we have substantial interest.

Refinery Capacity:

  • Two delayed cokers that have a combined capacity of 64,000 BPD*
  • Two crude units that have a combined capacity of 255,000 BPD*
  • 155,000-BPD vacuum unit
  • 34,000-BPD visbreaker
  • Four hydrotreating units that have a combined capacity of 225,000 BPD