PLANT, PIPELINE AND EQUIPMENT (Tables)

9 Months Ended

Sep. 30, 2015

PLANT, PIPELINE AND EQUIPMENT [Abstract]

Plant, Pipeline and Equipment

Plant, pipeline and equipment consisted of the following:

	September 30, 2015			December 31, 2014
	(thousands of dollars)
Platinum catalyst	$	1,612		$	1,612
Land		4,577			4,577
Plant, pipeline and equipment		103,297			95,351
Construction in progress		26,808			11,590
Total plant, pipeline and equipment		136,294			113,130
Less accumulated depreciation		(44,924	)		(39,319	)
Net plant, pipeline and equipment	$	91,370		$	73,811