The Company

Petron Energy

Isatong signed agreement with Conectiv Energy Supply, Inc (d/b/a Petron Oil or "Petron") on August 31, 2010 to purchase its oil distribution business located in Exton, Pennsylvania. Petron Energy, LLC ("Holdings") is a newly formed corporation established by the Buyer for the purpose of acquiring the Assets.

Petron is a wholesale marketer of a variety of petroleum products, including diesel fuel, heating oil, kerosene, and both unleaded and premium grades of gasoline. Petron sells product to approximately 250 customers located throughout the mid-Atlantic region of the United States and is an established market leader.

Though Petron Oil has been in business for over 30 years, it was acquired by Pepco Holdings, Inc as wholesale petroleum products division located in Exton, Pennsylvania and doing business in PA, NJ, DE, MD, DC and WV. Pepco Holding, Inc. Pepco Holdings, Inc., a fortune 500 company headquartered in Washington, D.C., delivers electricity and natural gas to about 1.9 million customers in Delaware, the District of Col umbia, Maryland, and New Jersey, through its subsidiaries Pepco, Delmarva Power and Atlantic City Electric. Isatong won the bid and signed Asset Purchase Agreement with Conectiv Energy on Tuesday, August 31, 2010 for the acquisition of Petron Oil wholesale petroleum products division located in Exton, Pennsylvania d/b/a Petron Oil (Petron).

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Environmental Stewardship

ImageProtecting Our Environment

We continue to invest in technology to meet and exceed environmental laws and regulations, as well as our own internal policies. One of those new technologies uses Trona, a naturally-occurring, sodium-based compound with a strong appetite for sulfur dioxide.

Our Business

ImageMerchant Energy

Petron Energy reduces risk by managing the spread between the cost of fuel used to operate electric generation plants and the revenue received from the sale of the power produced by those plants, and managing the spread between retail sales commitments and the cost of supply used to service those commitments to ensure stable and known minimum cash flows, and lock in favorable prices and margins when they become available.

Safety First

ImageOur Culture of Safety

Petron Energy is absolutely committed to the safety of our employees and our operations. We work hard to ensure that every employee understands our dedication to safety, which is why we identified safety as a critical component of our mission: "To focus on employee safety, environmental protection and our community responsibilities."