Posted : Mon, 25 Feb 2008 14:05:38 GMT
Author : Shell Oil Company
Category : PressRelease
HOUSTON, Feb. 25 /PRNewswire/ — Motiva Enterprises LLC (Motiva), the company that refines and markets gasoline in the eastern and southern United States, today announced that Quik Way Retail Associates II, Ltd. (Quik Way Retail Associates), will acquire Motiva’s interest in 86 Shell-branded stations in the Dallas-Fort Worth area.
Quik Way Retail Associates will lease 27 of these locations to 7-Eleven, Inc., and the convenience stores at these locations will be re-branded to the 7-Eleven(R) brand. All 86 sites, including those leased to 7-Eleven, will continue to sell gasoline under the Shell brand.