Quarterly report pursuant to sections 13 or 15(d)

PLANT, PIPELINE AND EQUIPMENT (Tables)

PLANT, PIPELINE AND EQUIPMENT (Tables)

9 Months Ended

Sep. 30, 2012

PLANT, PIPELINE AND EQUIPMENT [Abstract]

Plant, pipeline and equipment at September 30, 2012, and December 31, 2011, consisted of the following:

	September 30, 2012			December 31, 2011
	(thousands of dollars)
Platinum catalyst	$	1,497		$	1,497
Land		1,575			1,422
Plant, pipeline and equipment		60,106			57,215
Construction in progress		2,746			490
Total plant, pipeline and equipment		65,924			60,624
Less accumulated depreciation and amortization		(27,043	)		(23,672	)
Plant, pipeline and equipment, net	$	38,881		$	36,952

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References + Details