RTS Oil Holdings Inc

OTC:RTSO

RTS Oil Holdings, Inc. owns and operates petrol stations and crude oil and fuel terminals. The company is headquartered in Salt Lake City, Utah and currently employs 45 full-time employees. The company went IPO on 2009-05-14. The firm operates 19 gasoline stations and seven crude oil and fuel terminals (fuel tank farms). Of the seven fuel tank farms, it owns one fuel tank farm and leases six others with total storage capacity of more than 40,000 tons of crude oil and refined oil products. The firm also owns a fleet of 28 trucks with capacities ranging from 20 to 34 tons of diesel/gasoline. Refined products are sold wholesale to other distributors and retail via RTS gasoline stations. The firm also supplies furnace fuel to refineries in the Kyrgyz republic for further processing. The company holds approximately 70% of Geo Point’s issued and outstanding common stock. The firm also owns and operates an oil refinery in Karatau, Kazakhstan, that refines crude oil into diesel fuel, gasoline, and mazut heating oil.