Shares outstanding: 18,802,627
CALGARY, Sept. 10 /CNW/ - Global Energy Services Ltd. ("the Corporation")
- (TSX-Ven: GLK) is pleased to announce that the Board of Directors have
approved a stock option grant to purchase up to an aggregate of 134,000 common
shares of the corporation to staff members, consultants and a Director of the
Corporation at an issue price of $0.19 per share. The grant is to provide
compensatory incentive for the services provided to the corporation. This
granting of options is dated September 10, 2007 and is related to the options
awards made August 24, 2007.
Global Energy Services Ltd. offers a complete suite of integrated
communication solutions providing wireless communications to the oil and gas
industry through our communications division. Global Energy's focus on
supporting our customer needs through a 24/7/365 call centre and our
investment in the best communications products have positioned the Company as
a technology leader with proven and developed solutions that meet the needs of
its customers. Our new production services division is seeking market
opportunities for its Hydraulic Submersible Pump in both gas and wet coal bed
Readers can review the interim statements on the Company's website
located at www.global-energy.ca or on SEDAR located at www.sedar.com.
The information in this news release includes certain information and
statements about management's view of future events, expectations, plans and
prospects that constitute forward looking statements. These statements are
based upon assumptions that are subject to significant risks and
uncertainties. Because of these risks and uncertainties and as a result of a
variety of factors, the actual results, expectations, achievements or
performance may differ materially from those anticipated and indicated by
these forward looking statements. Although Global Energy Services Ltd.
believes that the expectations reflected in forward-looking statements are
reasonable, it can give no assurances that the expectations of any forward
looking statements will prove to be correct. Global Energy disclaims any
intention and assumes no obligation to update or revise any forward looking
statements to reflect actual results, whether as a result of new information,
future events, changes in assumptions, changes in factors affecting such
forward looking statements or otherwise.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Derek M. Begin, President and Chief Executive
Officer, 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:
firstname.lastname@example.org, Or visit our web site at: www.global-energy.ca