TORR Canada Provides Corporate Update



    MONTREAL, Jan. 31 /CNW/ - TORR Canada Inc. (TSX: TOR) ("TCI" or the
"Company"), dedicated to providing process solutions to the Oil and Gas
industry, today provided an update on developments and milestones achieved
since its acquisition of Pure Group AS in October 2007.

    
    Sales

    -   Sold $1.1 million C-Tour system to Statoil in the North Sea for
        produced water treatment
    -   Sold $0.3 million Prosalt system to Saudi Aramco in the Middle-East
        for crude desalination
    -   Sold $0.5 million membrane system to BOG CONS Ltd. in Turkey for gas
        treatment
    -   Sold US$13.0 million membrane system to Pan American Energy in
        Argentina for gas treatment
    -   Signed US$850,000 engineering services agreement with Worley Parsons
        and BP Exploration (Alaska) for gas separation in Alaska. Contract
        could be worth US$4.95 million

    The Company's current backlog now stands at approximately $23 million and
could reach $27 million should TCI be granted the balance of the BP
Exploration project in Alaska.

    Field trials

    The following field trials are currently taking place or are set to occur 
over the next few months.

    -   Saudi Aramco currently testing Prosalt mixer and will soon test a
        TORR system. The current trial has delivered positive preliminary
        results.
    -   BP to test TORR system in Pakistan and C-Tour process in the North
        Sea
    -   Petrobras to test C-Tour process in Brazil

    Operations and Product Development

    -   TORR system on the ENI Cervia Gas Platform in the Adriatic sea was
        successfully commissioned and started-up
    -   Received positive preliminary results for C-Tour system installed on
        the Ekofisk platform of Conoco-Phillips, Inc. located in the North
        Sea
    -   Continued performing several water treatment mandates in Angola for
        Expro
    -   TORR systems (seven) installed in Kuwait are expected to be
        commissioned and started-up in early 2008
    -   Testing of Sorbwater product, a new natural biodegradable flocculant
        for produced water treatment, to begin at TCI's Fusa (Norway) high
        tech testing facility
    -   Conoco-Phillips, Inc., Statoil and Total confirmed their
        participation in the Phase 2 of the ProDry development, a product for
        gas dehydration and subsea gas dehydration

    Reorganization and Cost Synergies

    -   Cut approximately $3 million in combined annual operating costs
    -   New more efficient and leaner organizational structure in place with
        three business units operating in the US (Houston office), Europe and
        Middle-East (Bergen and Bahrain offices), and South-East Asia (Kuala
        Lumpur office), and a head office in Montreal
    -   Appointed experienced upstream O&G sales executive to lead the
        Europe-Middle-Eastern business unit
    -   Relocated employees to Bahrain office to provide a better and faster
        access to clients in the Middle-East
    -   Centralized all product development activities in Bergen (Norway), a
        worldwide renown technology cluster for O&G, to take advantage of
        highly experienced engineers and to be in closer proximity to the
        high technology laboratory testing facility located in Fusa (Norway)
    -   Closed Pure Group's head office in Stavanger (Norway)
    

    The Company believes fiscal 2007 is not a good indicator of the potential
of the acquisition of Pure Group AS and expects fiscal 2008 to reflect further
benefits and synergies.

    About TORR Canada Inc.

    TCI is dedicated to providing process solutions to the Oil and Gas
industry. TCI designs, develops, manufactures and commercializes technologies
to separate oil, water and gas generated by Oil and Gas production. TCI
recently acquired Pure Group AS of Norway. For more information, please visit
www.torrcanada.com.

    Caution concerning forward-looking statements
    ---------------------------------------------
    This press release contains forward-looking statements. Such statements
inherently involve numerous risks and uncertainties. Actual future results may
differ from the anticipated results expressed in the forward-looking
statements contained in this press release and TCI does not undertake to
update this information. Investors are cautioned against placing undue
importance on forward-looking information contained herein and should consult
the final short form prospectus and the documents incorporated by reference
therein, which contain a more exhaustive analysis of risks and uncertainties
connected to TCI's business.





For further information:

For further information: TORR Canada Inc.: Jacques L. Drouin, President
& CEO, (514) 522-5550, ext. 226, jdrouin@torrcanada.com; The Equicom Group
Inc.: Danielle Ste-Marie, (514) 844-6064, dste-marie@equicomgroup.com

Organization Profile

TORR CANADA INC.

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