Ms. Beth Pollock reports

GIBSON ENERGY PROVIDES UPDATE ON ACQUISITION OF SOUTH TEXAS GATEWAY TERMINAL

Gibson Energy Inc. has noted the expiration of the waiting period under the United States Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) with respect to the company's proposed acquisition of 100 per cent of the membership interests of South Texas Gateway Terminal LLC. The expiration of the waiting period under the HSR Act satisfies one of key conditions to the closing of the transaction, and Gibson expects that the parties will be in position to close the transaction in the very near term and without the need of any other third party action or approval.

About Gibson Energy Inc.

Gibson Energy is a leading liquids infrastructure company with its principal businesses consisting of the storage, optimization, processing and gathering of liquids and refined products. Headquartered in Calgary, Alta., the company's operations are currently focused around its core terminal assets located at Hardisty and Edmonton, Alta., and include the Moose Jaw facility in Saskatchewan and an infrastructure position in the United States.

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