GIBSON ENERGY PROVIDES UPDATE ON ACQUISITION OF SOUTH TEXAS GATEWAY TERMINAL

Gibson Energy Inc. has reached a major milestone in its acquisition of South Texas Gateway Terminal LLC, as the waiting period under the US Hart-ScottRodino Antitrust Improvements Act of 1976 has expired.

This development brings the transaction one step closer to completion, with Gibson Energy expecting to close the deal in the near future without any further third-party action or approval.

The proposed acquisition of 100 percent of the membership interests of South Texas Gateway Terminal LLC represents a strategic move for Gibson Energy, enhancing its capabilities and expanding its footprint in the region. The expiration of the waiting period under the HSR Act is a crucial condition that has now been satisfied, demonstrating progress towards the successful completion of the transaction.

By clearing this regulatory hurdle, Gibson Energy solidifies its position as a leader in the energy industry. This acquisition aligns with the company’s long-term growth strategy and is expected to contribute to its overall success. Gibson Energy remains committed to delivering value to its shareholders and stakeholders, and its dedication to strategic acquisitions and partnerships enables it to capitalize on emerging opportunities and strengthen its position in the market.

The pending acquisition of South Texas Gateway Terminal LLC is a testament to Gibson Energy’s operational excellence and its ability to navigate regulatory processes. The company’s ability to meet key conditions reinforces its commitment to executing its growth strategy effectively.

As the transaction moves towards completion, Gibson Energy looks forward to realizing the benefits of this strategic acquisition. With its strong focus on sustainability and operational excellence, the company is well-positioned to drive growth in a rapidly evolving energy landscape.

9th Annual Golf Tournament

Tuesday, December 5, 2023

Shotgun Start: 12:00pm

REGISTER TO PLAY! Foursome Golf Teams are $1,000 | Individuals are $250 each

JOIN THE PAR-TEE

Before the main event “tees” off, join us for our highly anticipated annual golf tournament.

TOURNAMENT PRIZES: FIRST PLACE & HOLE -IN-ONE

REGISTRATION FEE: FOURSOME TEAM: $1,000 INDIDVIDUAL PLAYER: $250

Two Ways to Participate

BECOME

All Golf Sponsorships Include:

• Company logo on www.NISTM.org website

• Company logo on all email campaigns, over 100,000 subscribers

• Company logo on Golf Sponsor sign at the conference & trade show

• Company logo in the Program Guide

NISTM is excited to have the 9th Annual Golf Tournament at Tour 18 Golf Course in Humble, Texas.

Tour 18 Golf Course has reproduced the most renowned holes in the history of golf! Just imagine yourself playing the same challenging holes that have determined the outcome of tournaments such as the US Open, The Masters, The Tour Championship, and the PGA Championship.

Playing at Tour 18 would be quite the experience! You don’t want to miss this chance in playing at this unique golf course.

To Register for Sponsorship or to Play at the 9th Annual Golf Tournament, visit www.NISTM.org

To Register, Visit www.NISTM.org or call 800.827.3515