CALGARY, Jan. 7 /CNW/ - Enerflex Systems Income Fund (TSX:EFX.UN) is pleased to announce that Mr. Timothy W. Faithfull has been appointed to its Board of Directors.
Mr. Faithfull is a 36-year veteran of Royal Dutch/Shell plc, where he filled diverse international roles including serving as President and CEO of Shell Canada Limited from 1999 until 2003, when he retired. During this time he was responsible for Shell's decision to invest in the $6 billion Athabasca Oil Sands Project and for its successful start-up in 2003.
He has worked in Europe, Africa and Asia, and was Chairman and CEO of Shell Singapore between 1996 and 1999. Mr. Faithfull has considerable experience with commodity exposure and risk management as a result of his time directing the global crude oil trading operation of Shell International Trading and Shipping Company between 1993 and 1996. Earlier in his career he was extensively involved with the development of Shell's interests in the LNG projects in Brunei, the Australian NW Shelf, and Nigeria.
Mr. Faithfull is a director of Canadian Pacific Railway Limited, TransAlta Corporation, AMEC plc, and Shell Pension Trust Limited.
Mr. Faithfull holds a Master of Arts degree from the University of Oxford in the UK (Philosophy, Politics, and Economics).
"We are very pleased to welcome Tim to our Board of Directors," said John Aldred, Chairman of the Board. "Tim's considerable international and management experience will be a valuable addition to the Enerflex Board."
Enerflex Systems Income Fund is a leading supplier of products and services to the global oil and gas production industry. Our core expertises are products and services between the wellhead and the pipeline. Enerflex provides natural gas compression and process equipment for sale or lease, hydrocarbon production and processing facilities, electrical, instrumentation and controls services and a comprehensive package of field maintenance and contracting capabilities. Through our ability to provide these products and services in an integrated manner, or as standalone offerings, Enerflex offers its customers a unique value proposition.
Headquartered in Calgary, Canada, Enerflex has approximately 2,750 employees. Enerflex, its subsidiaries, interests in affiliates and joint-ventures operate in Canada, Australia, the Netherlands, the United States, Germany, Pakistan, the United Arab Emirates, Egypt, Indonesia and Malaysia. Enerflex's trust units trade on the Toronto Stock Exchange under the symbol "EFX.UN".
SOURCE ENERFLEX SYSTEMS INCOME FUND
For further information: For further information: D. James Harbilas, Vice-President & Chief Financial Officer, Tel: (403) 236-6857, Fax: (403) 720-4385; Berk Sumen, Manager, Investor Relations & Communications, Tel: (403) 720-4308, Fax: (403) 720-4385