Mansfield Oil Company Announces Acquisition of Gas Equipment Systems, Inc.

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Company Enters Compressed Natural Gas Sector with California Acquisition

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Mansfield has been looking for a partner with a proven track record in the CNG sector…With the acquisition of GESI, Mansfield has completed its transportation fuels portfolio.

Mansfield Oil Company announced today that it has acquired California-based Gas Equipment Systems, Inc. GESI was founded by President & CEO Larry Ozier in 1998 and has supplied, constructed or maintained more than 150 compressed natural gas fueling stations in its thirteen year history. As a leader in the compressed natural gas sector, GESI was a natural partner for Mansfield, the nation’s leading provider of end-to-end fuel solutions. With the addition of compressed natural gas to its current energy portfolio, Mansfield has solidified its position as the only transportation fuels company with the capability to deliver a complete slate of fuels including gasoline, diesel, biodiesel, ethanol, and CNG across the U.S. and Canada.

“With GESI, Mansfield has found an experienced partner with more than a decade in the compressed natural gas industry,” J. Alexander, President & COO of Mansfield, said. “Mansfield has been looking for a partner with a proven track record in the CNG sector. GESI provides the knowledge needed for Mansfield to become a one-stop solution for our customers’ energy needs on a national scale. With the acquisition of GESI, Mansfield has completed its transportation fuels portfolio.”

Over the past thirteen years, GESI has provided products and services for customers spanning the government, transit, industrial and school transportation sectors. GESI was recently appointed the North American CNG compressor packager for Gardner Denver, CompAir and BRC/Fuelmaker and also distributes CNG systems for Knox Western, Ingersoll-Rand, AFSC Compressors, PSB Gas Dryers, Kraus Global Dispensers and FuelMaster. GESI manufactures its compressor skids and its own line of accessory components at their headquarters in Rancho Cucamonga, CA.

GESI Founder Larry Ozier commented, “We currently design, supply, manufacture, construct and maintain CNG fuel stations of all sizes in numerous states including California, Arizona, Texas, Minnesota, and Illinois. Our experience has been that customers need a turnkey solution from a single source. We can ease their transition to CNG and make sure that their systems continue to operate reliably for years to come.”

Doug Haugh, Executive Vice President & CIO of Mansfield, stated, “Many of our customers in the Waste, Cement, Parcel Delivery, Public Transit, and School Transportation sectors have been asking for CNG. Now we have the capability and experience to address that demand with the same quality and reliability we deliver with our existing fuels portfolio. 95% of the natural gas consumed in the United States is produced domestically, so we see a great opportunity to help our customers save money and reduce their emissions by leveraging the vast natural gas resources recently discovered in the U.S.”

GESI’s products and services solve the infrastructure challenge that customers face in adopting CNG systems. When paired with Mansfield’s national network of fuel supply, the resulting solution allows customers to easily consider CNG as a realistic option to meet their fueling needs at any location across the country. Mansfield currently delivers fuels to over 20,000 customer locations in the U.S. and Canada providing a readily accessible customer base for GESI’s products. For more information on Mansfield’s natural gas solutions, please contact Chet Davis at cdavis@mansfieldoil.com or 678.450.4717.

About Mansfield Oil Company
Ranked as one of the Top 100 privately held companies in America by Forbes and a multiple finalist in the 2009 and 2010 Platt’s Global Energy Awards, Mansfield Oil defines the next generation of downstream oil company, delivering a disciplined approach to fuel services nationwide from over 900 supply terminals. Founded in 1957, the company has achieved double-digit growth for three decades. Mansfield Oil focuses on optimizing and controlling fuel-related costs for their customers with local service, nationwide. For more information, visit http://www.mansfieldoil.com.

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