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February 28, 2007. NEWS RELEASE CONTACT: Gene Neuens, Project Coordinator Phone: (405) 218-5753 E-mail: cscneuens@yahoo.com FOR IMMEDIATE RELEASE OILSEED PROCESSING FOR WESTERN OKLAHOMAOKLAHOMA CITY, OKLA. - Plains Oilseed Products, LLC (“POP”) an Oklahoma Limited Liability Company, formed January 3, 2007, plans to construct, own and operate a state-of-the-art oilseed processing plant in Western Oklahoma. The Plant will be able to crush many different oilseeds, such as canola, sunflowers, peanuts, soybeans and any other oilseed that may be grown in Oklahoma. The Plant will add to the economic development of rural Oklahoma and provide Oklahoma agricultural producers with a new market for their current and future oilseed crops. Initial research into the feasibility of this project began in 2002, with the formation of a steering committee. The committee partnered with industry experts, and in 2004, received a grant from the United States Department of Agriculture to complete a feasibility study and business plan. Oklahoma State University was selected as the contractor to provide these services. According to the business plan, POP anticipates processing over 100,000 tons of oilseeds each year, producing approximately 57 million pounds (7.7 million gallons) of oil, which will be marketed to food-grade oil refiners and biodiesel plants. The Plant will also produce over 69,000 tons of canola and other meals annually, which will be marketed to Oklahoma feed manufacturers and large-scale dairies. POP is currently working with the Oklahoma Department of Commerce to research and solicit requests for proposals from potential communities, to determine the Plant’s location.MOREPage 2POP is also announcing its Board of Managers who will oversee the activities of the company. The Board and its advisors have been actively involved in this project since its inception in 2002. The Chairman of the Board and President of POP is Matt Gard. He is a Certified Crop Advisor and has a commercial pilot rating. Gard also serves as a Conservation Commissioner for Northwest Oklahoma; he is a member of the National Corn Growers Association and the Oklahoma Wheat Growers Association. He grows cotton, alfalfa, soybeans, millet, wheat and canola. Gard and his family reside in Fairview, Okla. Terry Detrick is serving as Vice-Chairman of the Board and Vice President of POP. Detrick, who is also the Vice President of American Farmers and Ranchers Mutual Insurance Company and Oklahoma Farmers Union, is a past President of the National Association of Wheat Growers and has been actively involved in drafting legislation to strengthen the Agriculture industry. Detrick and his son, Brad, operate a 2,800 acre farm and ranch in Ames, Okla., which produces small grains, hay and beef cattle. The Secretary/Treasurer of POP is Mark Holder. He has served as a Director of Stockman’s Bank since 1986, and currently serves as Vice Chairman of the Board and Executive Vice-President. Holder has served as Chairman of the Board of Creta Water Corporation since its inception in 1991, and he is co-owner of Holder Brothers, Inc., a ranching operation; Holder Insurance Agency, LLC; Creta Biofuels, LLC; Holder Management, LLC; and Stockman’s Bank. Holder and his family reside in Altus, Okla. Mr. Walt Grabow is a Member of POP. He received a Masters Degree in Agriculture Education from Oklahoma State University and a Certificate of Administration from Southwestern Oklahoma State University. Grabow taught Vocational Agriculture for 22 years in Oklahoma. He and his family now reside in Omega, Okla. Dr. Jerry Hedges is a Member of POP. He received a Bachelors Degree in Animal Science and a Doctor of Veterinary Medicine from Oklahoma State University. Dr. Hedges was employed as a Veterinarian from 1973 through 1980. He is presently employed by Western Equipment and owns and operates a farming and ranching operation in Vici, Okla. Pete McDaniel is a Member of POP. He is currently a Field Representative for American Farmers and Ranchers Insurance Company. He previously served as the Assistant Manager and General Manager of the Apache Farmers Cooperative in Apache, Okla.; and he currently serves on the Caddo County Farmers Union Board. McDaniel farms 800 acres of wheat ground and 900 acres of pasture. He grows wheat and hay and raises cattle in Apache, Okla. Clay Pope is a Member of POP. He is currently the Executive Director of the Oklahoma Association of Conservation Districts. Pope also served in the Oklahoma House of Representatives from 1994 through 2004, where he was Chairman of the Agriculture and International Trade Committee of the National Conference of State Legislatures, Chairman of the Oklahoma House Revenue and Taxation Committee, Vice Chairman of the Oklahoma House Agriculture Committee and Vice Chairman of the House County and Municipal Government Committee. He is a farmer and rancher from near Loyal, Okla. POP’s Advisory Board includes: Mason Mungle, Gary Bledsoe, Jason Harvey, Dr. Phil Kenkel, Michael Marlow, Leon Cooprider, Bill Kosanke, Donnie Sodders, Bob Barnett, David Nowlin, Jim Billington, Troy Everett and Mike Kubicek. Gene Neuens serves as POP’s Project Development Coordinator. Neuens received a Bachelors Degree in Business Administration from the National College of Business in Rapid City, S.D. He previously served as the General Manager of Green County Coop in Afton, Okla.; he is past president of the Oklahoma Agriculture Coop Council; he is a registered Commodity broker and has been a grain merchandiser. Neuens has worked with cooperatives in Oklahoma, Kansas, Nebraska, Texas and Colorado. Janice Yates is POP’s Grant Administrator. She is involved with many other similar projects in the State of Oklahoma. POP’s legal counsel is Mr. Phil Sears of McAfee & Taft in Oklahoma City. For more information about Plains Oilseed Products, LLC, call Gene Neuens at (405) 218-5753. # # # |
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