CHS Inc. and Wildcat Minerals LLC to partner on co-location of transload and rail facilities

ST. PAUL, Minn., Sept. 4, 2013 /PRNewswire/ -- CHS Inc. (NASDAQ: CHSCP), the nation's leading farmer-owned cooperative and a global energy, grains and foods company, and Wildcat Minerals LLC, the nation's leading independent distributor of oilfield consumables, today announced the formation of a strategic partnership to develop transload terminals alongside CHS-owned grain and agronomy operations across the United States. CHS and Wildcat expect the co-location of multiple Wildcat terminals at existing CHS rail facilities by year-end. 

"We are looking forward to building this partnership and providing another opportunity to help our owners grow," said John McEnroe, executive vice president, CHS Country Operations.

"We are excited to have CHS as a strategic partner as Wildcat further expands our terminal network in unconventional oil and gas basins," said Pete Melcher, chief operating officer, Wildcat Minerals. "CHS offers ideal locations for new facilities and is another example of how Wildcat is leveraging its terminal network and real-time logistics tracking systems to land oilfield consumables closer to the well head. The partnership with CHS offers us the flexibility to respond to evolving customer demand in key unconventional oil and gas basins."

"Given the seasonality of the grain and agronomy seasons, we recognize that our rail terminals can also be utilized to support the explosive growth of the unconventional shale plays throughout our geography in the United States," said Richard Payne, business development manager with CHS Country Operations. "Wildcat Minerals is a name synonymous with quality and excellence in oilfield material supply chain and a partner any company would be proud to have a relationship with."

Wildcat Minerals LLC (www.wildcatminerals.com) is the largest private domestic independent provider of materials handling and supply chain visibility solutions for oilfield consumables. The company currently operates 16 dry bulk and proppant storage facilities and fluids transloading terminals in 10 states. During its history, Wildcat has pioneered the development of high capacity/high volume distribution terminals and real time inventory management technology that provide customers with the opportunity to manage inventory from the processing plant to the wellhead in real time. Wildcat is a privately held company headquartered in Cheyenne, Wyo., and Golden, Colo.

CHS Inc. (www.chsinc.com) is a leading global agribusiness owned by farmers, ranchers and cooperatives across the United States. Diversified in energy, grains and foods, CHS is committed to helping its customers, farmer-owners and other stakeholders grow their businesses through its domestic and global operations. CHS, a Fortune 100 company, supplies energy, crop nutrients, grain marketing services, livestock feed, food and food ingredients, along with business solutions including insurance, financial and risk management services. The company operates petroleum refineries/pipelines and manufactures, markets and distributes Cenex® brand refined fuels, lubricants, propane and renewable energy products.

This document contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 that are based on management's current expectations and assumptions. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. The company undertakes no obligations to publicly revise any forward-looking statements to reflect future events or circumstances. For a discussion of additional factors that may materially affect management's estimates and predictions, please view the CHS Inc. annual report filed on Form 10-K for the year ended Aug. 31, 2012, which can be found on the Securities and Exchange Commission web site (www.sec.gov) or on the CHS web site www.chsinc.com.

SOURCE CHS Inc.