Par Pacific Holdings, Inc. Common Stock · NYSE:PARR
Par Pacific Holdings, Inc. Common Stock — Merger or Acquisition (August 2018)
6 slides from Par Pacific Holdings, Inc. Common Stock's merger presentation, Aug 30, 2018
Slide 1: Hawaii Business Expansion
Hawaii Business Expansion August 2018 Exhibit 99.2
Slide 2: Forward-Looking Statements / Disclaimers
Forward-Looking Statements / Disclaimers The information contained in this presentation has been prepared to assist you in making your own evaluation of the company and does not purport to contain all of the information you may consider important. Any estimates or projections with respect to future
Slide 3: Transaction Highlights
IES announced planned closure of refining operations in Hawaii Par Pacific purchasing crude and vacuum process units for $45 mm in cash and stock (1) Par Pacific to sell products to IES, permitting IES to satisfy its existing utility fuel supply contracts Par Pacific to have long-term access to IES
Slide 4: Expanded Hawaii Operations
Expanded Hawaii Operations Pro Forma Operating Metrics (Mbpd) Number of Terminals 8 Crude Storage Capacity (MMBbls) 2.4 Other Storage Capacity (MMBbls) 3.0 Number of Barges 3 Miles of Pipeline 27 Retail locations 91 Refinery Terminal Barge Movements Refined Products Outflows Pacific Northwest Retail
Slide 5: Combined Hawaii Layout
Refinery Property Line Par Pacific Pipeline IES Pipeline Acquired Real Property Pipeline Tie-in Combined Hawaii Layout Par Pacific Refinery \ IES Refinery
Slide 6: Financing and Expenditure Summary
Financing and Expenditure Summary $30 million cash purchase price can be funded with cash on hand $15 million of Par Pacific common stock; subject to registration rights agreement Expect to finance working capital under existing Supply & Offtake agreements Financing Plan Capital Investment and Opera
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