Global Energy announces extended run life on Hydraulic Submersible Pump



    TSXV - "GLK"
    Shares Outstanding 20,542,626

    CALGARY, March 11 /CNW/ - Global Energy Services Ltd. (GLK - TSX
Venture), an innovative oilfield service company that provides production
services and communications solutions to the oil and gas industry, is pleased
to announce the extended run life of their patented Hydraulic Submersible Pump
(HSP).
    The HSP has recently achieved two year run life in a horizontal Coalbed
methane (CBM) well for a CBM producer. This is the longest running downhole
pump for this CBM producer. Currently, of the forty HSP systems in operation
throughout Alberta and British Columbia, nine have over one year run life,
while several others are nearing the one year run life.
    "We are extremely pleased that our HSP technology is showing robust run
life and is also the longest running pump for one of our clients," said Derek
Begin, President and CEO. "The extended run life, leveraged with our patented
technology and environmental edge, positions Global Energy to continue to grow
this product segment."

    About Global Energy Services Ltd.

    Global Energy Services Ltd. is an innovative oilfield service company
that provides production services and communications solutions to the oil and
gas industry. The production services segment utilizes their patented
Activator hydraulic submersible pump to enhance gas production in conventional
gas and coalbed methane wells. Global's communications segment provides a
complete suite of integrated products and solutions specifically suited for
the oil and gas industry. Global Energy was founded in 1994 and is listed on
the TSX-V.
    More information about Global Energy Services can be found at
http://www.global-energy.ca

    The TSX Venture Exchange Inc. has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.

    %SEDAR: 00006009E




For further information:

For further information: Derek M. Begin, President and Chief Executive
Officer; Farhan Farshori, Vice President, Corporate Development, Global Energy
Services Ltd., No.10, 5920 - 11th Street S.E., Calgary, Alberta, T2H 2M4, Tel:
(403) 243-0820, Fax: (403) 243-3425, E-mail: dbegin@global-energy.ca, E-mail:
ffarshori@global-energy.ca, Web site at: www.global-energy.ca

Organization Profile

GLOBAL ENERGY SERVICES LTD.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890