petroman

SemFuel, acquires PetroMan® license.

 

Tulsa, Okla. (August 15, 2001) -- Sisu Group, Inc. announced today that SemFuel, a subsidiary of SemGroup, signed an agreement to license PetroMan®. In a separate agreement, SemFuel acquired a license for a Rack Marketing system currently under development by Sisu Group, Inc.

SemFuel's marketing efforts fill both spot sales and contract volumes. SemFuel sells refined products by the truckload through various local market businesses, called “rack” facilities. It also sells refined products in bulk within major products pipelines.

SemFuel has shipper status on several key U.S. pipelines including: Explorer, Seaway, Chase, Magellan, TET, Orion, Colonial and Kaneb.