Tristone Capital expands Oilfield Service Sector Equity Research; Initiating Coverage on Schlumberger, Halliburton and Baker Hughes

    CALGARY, Jan. 4 /CNW/ - Tristone Capital is pleased to announce the
initiation of equity research coverage on Schlumberger (SLB), Halliburton
(HAL), and Baker Hughes (BHI). Coverage will be led by Waqar Syed, Vice
President & Director, Institutional Research, based in Tristone's Denver
office. Mr. Syed began his 20 year career in the oil and gas industry as a
wireline engineer with Schlumberger in the Middle East and has worked as an
energy research analyst for 14 years. Mr. Syed was ranked as the No. 1
earnings forecaster in the energy sector by StarMine in 2007 and was the No. 4
overall earnings forecaster among all research analysts across all sectors.
    Inclusion of these three oilfield service majors now brings Tristone's
institutional research coverage to 160 companies, including 16 US listed and
11 Canadian listed energy service companies. Tristone Capital's research
coverage spans 14 energy subsectors and includes companies with significant
international operations in regions such as North American, Europe, the Middle
East, Africa, Latin America and Southeast Asia.
    Tristone Capital has made a substantial resource commitment to its global
capital markets product with 25 research professionals and 22 institutional
sales and trading professionals located in Canada, the US and the UK,
providing institutional investor clients comprehensive global evaluation and
execution capabilities.

    About Tristone:

    Tristone Capital is a global energy advisory firm that provides fully
integrated Investment Banking, Acquisitions & Divestitures, and Global Equity
Capital Markets services. Founded in 2000, Tristone has over 150 technical and
financial experts throughout offices in Canada, the US, the UK and Argentina.
Tristone offers exclusively energy-focused expertise to exploration and
production companies, oilfield service and midstream companies, government
entities, royalty trusts, MLP's and institutional investors worldwide.
Tristone Capital is a Member of the CIPF, SIPC, IDA and FINRA. Tristone
Capital Limited is authorised and regulated by the Financial Services

For further information:

For further information: Denver: Tristone Capital (USA) Inc., Waqar
Syed, Vice President & Director, Institutional Research, (303) 952-2753; Tyler
Davis, Managing Director, Institutional Sales, (203) 637-9397; Calgary:
Tristone Capital Inc., Chris Theal, Managing Director, Institutional Research,
(403) 539-4349; David Street, Managing Director, Institutional Sales, (403)
539-4362; London: Tristone Capital Limited, Peter Nicol, Managing Director,
Institutional Research, +44 20 7355 5811; Charles Lesser, Managing Director,
Institutional Sales, +44 20 7355 5827

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