Mr. Ken Hall reports

GIBSON ENERGY INC. ANNOUNCES PRICING OF SENIOR NOTES

Gibson Energy Inc. has agreed to issue and sell $500-million (U.S.) principal amount of 6.75-per-cent senior unsecured notes due July 15, 2021, and $250-million principal amount of 7.00-per-cent senior unsecured notes due July 15, 2020. The U.S. tranche will be issued at a price of 98.476 per cent, resulting in a yield to maturity of 7.00 per cent per annum, and will be payable semi-annually in arrears beginning Jan. 15, 2014. The Canadian tranche will be issued at a price of 98.633 per cent, resulting in a yield to maturity of 7.25 per cent per annum, and will be payable semi-annually in arrears beginning Jan. 15, 2014. The offering is expected to close on June 28, 2013, subject to customary closing conditions.

Gibson intends to use the anticipated net proceeds from the offering to repay all of the loans outstanding under its existing senior secured first lien credit facility, with the remaining proceeds to be used for general corporate purposes.

Concurrently with the closing of the offering, Gibson expects to enter into a new $500-million senior secured revolving credit facility, which will replace Gibson's existing $375-million (U.S.) senior secured revolving credit facility. The new revolving credit facility is expected to be undrawn at the completion of the offering (except for the continuation of outstanding letters of credit).

We seek Safe Harbor.