MONTREAL, April 18 /CNW/ - TORR Canada Inc. (TSX: TOR) ("TCI"), dedicated
to providing water treatment to the Oil & Gas industry, today announced that
it has delivered the second and final half of its contract with SK Engineering
& Construction ("SKEC"), one of the world's leading engineering, procurement
and construction organizations.
The contract signed in March of 2006 provided for seven sets of TORR
water treatment systems to treat 260,000 barrels per day of water, for a total
value of over $US22.4 million. The last three out of the seven sets to be
operated by Kuwait Oil Company were delivered at the beginning of April,
representing a total of twenty-one skids provided for in the original
"The successful delivery of these seven systems shows our ability to
design and manufacture large systems for major oil and gas companies. Once
commissioned, future operating and performance success will allow these
systems to become reference units in an area where TCI has had great
visibility in the last year," said Alain Ferland, President and CEO of TORR
About TORR Canada Inc.
TCI is dedicated to providing water treatment solutions to the oil and
gas industry. TCI designs, develops, manufactures and commercializes the
TORR(TM) and Reusable Petroleum Absorbent ("RPA(R)") cartridge technologies to
separate oil and water in produced water generated by oil and gas production.
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, Senior
Vice-President & CFO, (514) 522-5550, ext. 226, email@example.com; The
Equicom Group Inc., Eric Bouchard, (514) 844-7997, firstname.lastname@example.org