HOUSTON, May 23 /PRNewswire-FirstCall/ -- Frontier Oil Corporation
(NYSE: FTO) announced that Julie Edwards, Executive Vice President - Finance &
Administration and Chief Financial Officer has resigned to pursue another
career opportunity. Her resignation is effective May 31, 2005. Frontier's
Chairman, President and CEO, James Gibbs, will assume Ms. Edwards'
responsibilities until a successor is named. The Company is in the final
stages of its search and expects to name a successor very soon.
Gibbs commented, "We have very much enjoyed working with Julie Edwards for
the last 14 years, she has done an outstanding job for our Company and we wish
her nothing but the best in her future endeavors."
Frontier operates a 110,000 barrel-per-day refinery located in El Dorado,
Kansas, and a 46,000 barrel-per-day refinery located in Cheyenne, Wyoming, and
markets its refined products principally along the eastern slope of the Rocky
Mountains and in other neighboring plains states. Information about the
Company may be found on its web site http://www.frontieroil.com .
This news release includes forward-looking statements concerning the
Company. These may include statements of plans or objectives for future
operations, statements about future economic performance or assumptions or
estimates. The accuracy of these forward-looking statements is subject to a
wide range of business risks and changes in circumstances that are described
in our reports that are filed from time to time with the Securities and
Exchange Commission. Actual results and outcomes often differ from
expectations.
SOURCE Frontier Oil Corporation
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Related links:
http://www.frontieroil.com
CONTACT:
Doug Aron of Frontier Oil Corporation,
+1-713-688-9600 x145
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