Hyduke Announces closure of paint facility

NISKU, AB, June 4, 2014 /CNW/ - Hyduke Energy Services Inc. (TSX: HYD), announced that it is closing its paint, sandblast and repair facility in Nisku.  Hyduke reviewed the business unit and determined that the operation, which has focussed on recreational vehicle repair, is not in line with the core focus of Hyduke. 

The Board of Directors and the management team continue to evaluate each operating unit of Hyduke with the intent of streamlining operations and improving overall results.

About Hyduke

Hyduke is an integrated oilfield services company with over thirty-five years experience in the manufacture, repair and distribution of oilfield equipment and supplies in Canada and worldwide. Hyduke specializes in providing customized, integrated solutions to the drilling and well service industries including:

  • Turn-Key Equipment - drilling rig, work-over rig and service rig packages including in-house design, engineering and drafting, major component procurement and overall project management;

  • Life Cycle Management - inspection, certification, service, repair and supply services throughout the operating life of the drilling, work-over or well service rig; and

  • Single Source Supply - providing new capital equipment, repair and maintenance on existing capital equipment and supply of operating consumables.

Hyduke is headquartered in Nisku, Alberta, Canada and has facilities in Edmonton, Calgary, Nisku, Leduc, Red Deer and Lloydminster, Alberta.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this News Release.

SOURCE: Hyduke Energy Services Inc.

For further information: John Pinsent, Chair of the Board, (780) 955-0355; Patrick Ross, President & CEO, (403) 528-1095



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