HOUSTON, June 9 /PRNewswire-FirstCall/ -- Frontier Oil Corporation
(NYSE: FTO) announced that at today's special meeting its shareholders
approved an amendment to the Company's Restated Articles of Incorporation,
which will allow the increase in the authorized shares outstanding from 90
million to 180 million. The additional authorized shares will permit the
Company to split its common shares 2-for-1 by means of a stock dividend as
announced on April 27, 2006. The stock dividend is payable June 26, 2006 to
shareholders of record on June 19, 2006.
Frontier operates a 110,000 barrel-per-day refinery located in El
Dorado, Kansas, and a 52,000 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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