Seasoned Veteran in the Energy Industry to Lead Houston-Based Terminal and Oil Blending Company

HOUSTON (July, 2005) - Houston Fuel Oil Terminal Company (HFOTCO), a major Houston-based provider of oil blending, storage and product transfer services for electric utilities, carbon black manufacturers, refineries, traders, and bunker suppliers, announced today that William T. (Bill) Wilson has accepted the position of president and CEO of the company.

 Wilson has more than 25 years of experience in the energy industry, including transportation, operations, trading, and risk management.

 Prior to joining HFOTCO, Wilson was president of Wilson Advisors, an advisory firm specializing in performance turnarounds and growth opportunities for energy-related companies.  His experience at Wilson Advisors ranged from providing entire corporate risk management programs to providing business plans for under-utilized energy assets.

 Wilson’s other business ventures include the following:  president of FAME Energy, a software and data provider to the energy marketing and trading sector; president of UNOCAL Global Trade, the worldwide marketing, trading and pipeline division at UNOCAL, where he was also an executive officer and chairman of the Risk Management Committee for the Board of Directors; and several upstream and midstream engineering and management positions with British Petroleum, Tenneco and Exxon.

 “Houston Fuel Oil is unmatched in the terminal industry, and I’m excited to join them,” Wilson said. “I’m looking forward to using my industry background to build on the company’s commitment to providing its customers with excellent service and state-of-the-art technology in handling their oil blending, storage and transfer needs.”