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Par Petroleum Corporation operates as a diversified energy company in the United States. It operates through three segments: Refining, Distribution and Marketing; Natural Gas and Oil Operations; and Commodity Marketing and Logistics. The Refining, Distribution and Marketing segment operates a refinery that produces ultra-low sulfur diesel, gasoline, jet fuel, marine fuel, and other associated refined products. It distributes its products through wholesale, retail, and bulk channels. This segment also operates refined products terminals, pipelines, a single-point mooring, and retail outlets, which distribute gasoline and diesel fuel in Hawaii. The Natural Gas and Oil Operations segment, through its interests in Piceance Energy, LLC, focuses on producing natural gas in Garfield and Mesa Counties, Colorado; and owns non-operating interests in Colorado and offshore California, and an overriding royalty interest in New Mexico. The Commodity Marketing and Logistics segment is involved in sourcing, marketing, transporting, and distributing crude oil and refined products in the Western United States and Canada to the refining hubs in the Midwest, Gulf Coast, and East Coast regions of the United States. The company was formerly known as Delta Petroleum Corporation and changed its name to Par Petroleum Corporation in August 2012. Par Petroleum Corporation was founded in 1984 and is headquartered in Houston, Texas.
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