Savage and BNSF to Provide Petroleum Transport Services in the Williston Basin

Bakken Petroleum Services Hub near Trenton, ND delivers crude to strategic markets

Salt Lake City, Utah – August 28, 2012 – Savage announces the completion of its terminal located near Trenton, ND, with direct connection to BNSF Railway’s main line track. The terminal is strategically located to gather crude oil from the Williston Basin and Bakken Shale and facilitate the transport of crude to key refinery markets. The terminal provides the oil industry with inbound gathering access through truck receiving stations, pipeline connections and crude oil tankage. Outbound delivery of crude oil is served by a double loop track capable of holding two 118 car unit trains.

“Savage recognized the need for crude transportation services in the Williston Basin, and responded with the construction of our Trenton terminal,” said Nathan Savage, senior vice president, business development for Savage. “The terminal adds crude by rail transportation to the area’s existing pipeline capacity, to maximize the options producers have to get crude to refineries. We are excited to provide a unique open terminal that will meet a critical need in the oil industry.”

The terminal has been transloading crude, from truck to rail, on a manifest basis since December, 2011. Now, with the construction complete, this terminal has the capacity to handle unit trains and will operate 24 hours per day . The Savage Bakken Petroleum Services Hub is served by BNSF, which enables the flexibility to deliver crude to East Coast, West Coast and Gulf Coast markets.

“Rail provides a more flexible, long-term, economical option to ship crude oil to destination markets throughout the East, West and Gulf coasts and along the Mississippi River,” said Dave Garin, BNSF group vice president, industrial products. “We look forward to continuing to work with Savage and other producers and receivers to expand oil by rail shipments while helping to create more jobs and reduce our dependence on overseas production.”

The location and design of the terminal is such that future expansion of trackage and capacity is being planned by Savage. The Trenton terminal will grow to accommodate continued Williston Basin expansions and the increasing need for oilfield material and crude oil receiving and handling.

About BNSF

BNSF Railway is one of North America’s leading freight transportation companies operating on 32,000 route miles of track in 28 states and two Canadian provinces. BNSF is one of the top transporters of consumer goods, grain, industrial goods and low-sulfur coal that help feed, clothe, supply, and power American homes and businesses every day. BNSF and its employees have developed one of the most technologically advanced, and efficient railroads in the industry. We work continuously to improve the value of the safety, service, energy, and environmental benefits we provide to our customers and the communities we serve. You can learn more about BNSF at www.BNSF.com.