Sky Quarry Taps 35-Year Refining Veteran to Run Foreland as Nevada's Only Refinery Enters Production

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Sky Quarry Taps 35-Year Refining Veteran to Run Foreland as Nevada's Only Refinery Enters ProductionIssued on behalf of Sky Quarry Inc. Former HF Sinclair, CITGO and Chevron leader Ray Hansen steps in as President of Foreland Refining just as the Eagle Springs refinery near Ely fires up — positioning SKYQ alongside independent refiners DINO, PBF, CVI and PARR. WOODS CROSS, Utah, July 10, 2026 (GLOBE NEWSWIRE) -- Equity Insider News Commentary — Sky Quarry Inc. (NASDAQ: SKYQ) has named refining-industry veteran Ray Hansen as President of its wholly owned subsidiary, Foreland Refining Corporation, a leadership move that lands precisely as the company's Eagle Springs refinery near Ely, Nevada shifts from build-out to production. For a small-cap energy name stepping into an operating role that puts it on the same field as established independent refiners, the appointment reads as a deliberate signal: Sky Quarry is assembling the kind of operational bench a producing refinery demands. Key Takeaways • Sky Quarry appointed Ray Hansen — a 35-plus-year veteran of HF Sinclair, CITGO Petroleum and Chevron — as President of Foreland Refining Corporation, its wholly owned refining subsidiary. • The appointment follows Foreland Refining's entry into its production phase, with operations commencing at the Eagle Springs refinery near Ely, Nevada. • Hansen most recently served as Vice President of HF Renewable Fuels and previously led HF Sinclair's 140,000 barrel-per-day El Dorado refinery, overseeing more than 260 operations personnel. • Beyond the refinery, Hansen will help steer continued development of PR Spring, Sky Quarry's oil sands processing facility in Vernal, Utah. • The move places SKYQ in operational conversation with independent U.S. refiners including HF Sinclair (NYSE: DINO), PBF Energy (NYSE: PBF), CVR Energy (NYSE: CVI) and Par Pacific Holdings (NYSE: PARR). A Hire Timed to the Production Ramp Leadership hires are always about more than a name on an org chart, but the timing of this one is what makes it worth reading closely. Sky Quarry described itself as an energy infrastructure company focused on domestic refining and resource development, and the Hansen appointment arrives on the heels of a milestone the company had been building toward: Foreland Refining entering its production phase, wi...

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