Enerflex Systems Income Fund

Enerflex Systems Income Fund

January 08, 2008 17:14 ET

Enerflex Awarded $20 Million Contract in Oman

CALGARY, ALBERTA--(Marketwire - Jan. 8, 2008) - Enerflex Systems Income Fund (TSX:EFX.UN), is pleased to announce that its Presson-Enerflex business unit based out of Nisku, Alberta has been awarded a $20 million contract by Petroleum Development Oman L.L.C. ("PDO") for supply of two amine based gas sweetening units and related services for an Upgrade on the Lekhwair Project in the Sultanate of Oman.

Major scope items for the contract include all activities related to design, engineering, co-ordination, material procurement, fabrication, inspection, testing, painting, supply and services, shipment, supervision of assembly, erection and commissioning, site testing, guarantee runs, training of operators and documentation requirements of two amine units of a total of 195 mmscfd capacity. The completion of this contract is scheduled for the first quarter of 2009.

"We are excited with this award", said Blair Goertzen, President and Chief Executive Officer of Enerflex. "Our company continues to focus on the Middle Eastern and North African markets, participating in some major projects in this region over the past few years. We will build on our long product experience and tap our worldwide supply chain resources to successfully complete the project" Goertzen added.

PDO is the foremost exploration and production company in the Sultanate. It accounts for 70% of the country's crude oil production and nearly all of its natural gas supply. The Company is a consortium comprised by the Government of Oman (60%), Royal Dutch Shell (34%), Total (4%) and Partex (2%).

Enerflex is a leading Canadian supplier of products and services to the global oil and gas production industry. Our core expertise lies between the wellhead and the pipeline. Enerflex provides natural gas compression, power generation and process equipment for sale, rent or lease, hydrocarbon production and processing facilities, electrical, instrumentation and controls services and a comprehensive package of field maintenance and contracting capabilities. Through our ability to provide these products and services in an integrated manner, or as stand-alone offerings, Enerflex offers its customers a unique value proposition.

Headquartered in Calgary, Canada, Enerflex has approximately 2,600 employees. Enerflex, its subsidiaries, interests in affiliates and joint-ventures operate in Canada, Australia, the Netherlands, the United States, Germany, Pakistan, Egypt, Indonesia and Malaysia. Enerflex's trust units trade on the Toronto Stock Exchange under the symbol "EFX.UN".

Contact Information

  • Enerflex Systems Income Fund
    D. James Harbilas
    Vice-President & Chief Financial Officer
    (403) 236-6857
    (403) 720-4385 (FAX)
    Enerflex Systems Income Fund
    Berk Sumen
    Manager, Investor Relations & Communications
    (403) 720-4308
    (403) 720-4385 (FAX)