(TSX - FES)
CALGARY, March 4 /CNW/ - Flint Energy Services Ltd. (Flint, the Company) announced today that the Company was awarded a second contract by Suncor Energy to perform field construction, pre-commissioning and commissioning support at Suncor's Firebag 3, SAGD project near Fort McMurray, Alberta.
The work will commence in March 2010 and take approximately 12 months to complete. It is a cost-reimbursable contract and will employ approximately 200 personnel at peak.
Late in 2009, Flint was awarded a contract to fabricate equipment modules for installation at the Firebag 3 project. Work on that contract is underway and will be completed in early 2010.
Flint Energy Services Ltd. is a market leader providing an expanding range of integrated products and services for the oil and gas industry including: production services; field construction; oilfield transportation; process equipment design and manufacturing; and tubular management services. Flint with more than 10,000 employees, provides this unique breadth of products and services through over 60 strategic locations in the oil and gas producing areas of western North America, from Inuvik in the Northwest Territories to Mission, Texas on the Mexican border. Flint is a preferred provider of infrastructure construction management, module fabrication, maintenance services for upgrading, and production facilities in Alberta's oil sands sector. http://www.flintenergy.com
FORWARD LOOKING STATEMENTS
Certain statements in this news release are "forward-looking statements", which reflect current expectations of the management of Flint regarding future events or Flint's future performance. All statements other than statements of historical fact contained in this news release may be forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in the forward-looking statements. Flint believes that the expectations reflected in such forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statements are made as of the date of this news release and Flint assumes no obligation to update or revise them to reflect new events or circumstances, except as expressly required by applicable securities law. Further information regarding risks and uncertainties relating to Flint and its securities can be found in the disclosure documents filed by Flint with the securities regulatory authorities, available at www.sedar.com.
SOURCE FLINT ENERGY SERVICES LTD.
For further information: For further information: Guy Cocquyt, Director of Investor Relations, Flint Energy Services Ltd., Telephone: (403) 218-7195, Email: firstname.lastname@example.org