(TSX - FES)
CALGARY, Oct. 18 /PRNewswire/ - Flint Energy Services Ltd. (Flint, the Company) announced that it was awarded a new six-year contract by Imperial Oil Canada Limited for field construction work in Western Canada. The contract includes the construction of a pipeline connection in northeast British Columbia, as well as construction of other field facilities in Saskatchewan, Alberta and British Columbia. The agreement also has provision for a further four-year extension after the initial six-year term.
The work will be performed by a number of branches of Flint's Production Services Division in Western Canada.
W. J. (Bill) Lingard, President and Chief Executive Officer of Flint stated, "We are very pleased to have been awarded this work which will continue over an extended period of time and involve many of Flint's locations in Western Canada. Our geographic reach, safety record and reputation for project execution, being on time and on budget, have positioned Flint to be able to win these large multi-year contracts with major producers who have oil and gas assets across Western Canada."
Flint Energy Services Ltd. is a market leader providing an expanding range of integrated products and services for the oil and gas industry including: production services; infrastructure construction; oilfield transportation; and maintenance services. Flint, with more than 10,000 employees, provides this unique breadth of products and services through over 60 strategic locations in the oil and gas producing areas of Western North America, from Inuvik in the Northwest Territories to Mission, Texas on the Mexican border. Flint is a preferred provider of infrastructure construction management, module fabrication, maintenance services for upgrading, and production facilities in Alberta's oil sands sector. www.flintenergy.com
FORWARD LOOKING STATEMENTS
All statements other than statements of historical fact contained in this news release may be "forward-looking statements". Such forward-looking statements involve risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in the forward-looking statements, and as such, they should not be unduly relied upon. The forward-looking statements are made as of the date of this news release and Flint assumes no obligation to update or revise them, except as expressly required by applicable securities law. Further information regarding risks and uncertainties relating to Flint and its securities can be found in the disclosure documents filed by Flint with the securities regulatory authorities, available at www.sedar.com.
SOURCE Flint Energy Services Ltd.