Cordy Oilfield Services Inc.
TSX VENTURE : CKK

Cordy Oilfield Services Inc.

October 04, 2007 17:22 ET

Cordy Oilfield Services Inc.: Bear Dog Mining Services Ltd. Commences Business Operations

CALGARY, ALBERTA--(Marketwire - Oct. 4, 2007) - Cordy Oilfield Services Inc. ("Cordy") (TSX VENTURE:CKK) is pleased to announce that Bear Dog Mining Services Ltd. has commenced business operations. The business of Bear Dog Mining Services focuses on providing construction and related services to the construction, mining, pipeline, and other infrastructure projects and developments being carried out within the Tahltan traditional territitory in northwestern British Columbia.

Bear Dog Mining Services is a British Columbia corporation organized pursuant to the Memorandum of Understanding and Confidentiality and Exclusivity Agreement entered into by Cordy and Bear Dog Enterprises Ltd. ("Bear Dog") in June 2007. Bear Dog is owned as to 51% by Bear Dog and as to 49% by Cordy.

Bear Dog is a wholly owned Tahltan company in the business of promoting, developing and carrying out commercial enterprises within the Tahltan traditional territory. Bear Dog's shareholders are members of the Etzenlee Family who form part of the Tahltan Nation and as a Registered Tahltan Business, Bear Dog has favoured contract status.

Allen Edzerza, President and Chief Executive Officer of Bear Dog comments: "We believe our partnership with Cordy provides us with the capacity and resources, contacts and knowledge required to participate in the projects and developments planned for the Tahltan traditional territory and through employment, training and sub-contracting opportunities will ultimately be a benefit to all Tahltan People."

Cordy Oilfield Services Inc. owns businesses in Alberta and British Columbia in the construction, environmental, manufacturing, and pipeline sectors and is focused on implementing strategic and organic growth strategies.

The TSX Venture Exchange does not accept responsibility for the accuracy or adequacy of this release.

Contact Information

  • Cordy Oilfield Services Inc.
    David Mullen
    CEO
    (403) 266-2067
    (403)266-2087 (FAX)
    Email: dmullen@cordy.ca
    or
    Bear Dog Enterprises Ltd.
    Allen Edzerza
    President
    (604) 209-7701
    Email: e7047@telus.net
    or
    For investor relations information, contact:
    Cordy Oilfield Services Inc.
    David Orr, Senior Vice President
    (403) 266-2067
    (403)266-2087 (FAX)
    Email: dorr@cordy.ca
    Website: www.cordy.ca