/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/
CALGARY, Jan. 21 /CNW/ - Western Energy Services Corp. ("Western" or the
"Company") is pleased to announce that it has completed a purchase of nitrogen
pumping and transport equipment that will increase the size of its US based
nitrogen fleet by 50%. The purchase will be debt financed using facilities
made available to the Company from its US based commercial bank.
"The current distressed market for oilfield services in Canada is a
significant opportunity to acquire quality equipment at a fraction of what we
would have paid to have it built," stated Jim McQuarrie, President & CEO.
"This equipment will be immediately deployed to our new operations centre in
Forward Looking Information
This release contains certain forward-looking statements related but not
limited to the Company's expectations, intentions, plans and beliefs.
Investment advisors, shareholders and potential investors are cautioned not to
place undue reliance on forward-looking information which by its nature
involves assumptions, risks and uncertainties, both general and specific, that
contribute to the possibilities that predictions, projections, forecasts and
future events will not occur. Consequently, actual results could differ
materially from the expectations expressed in these forward-looking
statements. The Company does not assume any responsibility to update this
information for events subsequent to its preparation.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: Additional information relating to the Company
is filed on SEDAR at www.sedar.com; Please visit the web site: www.wesc.ca or
contact: Jim McQuarrie, President & CEO at (403) 266-0667; If you would like
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address to firstname.lastname@example.org