Canadian Energy Services L.P.
TSX : CEU.UN

Canadian Energy Services L.P.

April 08, 2009 09:00 ET

Canadian Energy Services L.P. Announces Filing of Amended 2008 Tax Information To Correct Clerical Error

CALGARY, ALBERTA--(Marketwire - April 8, 2009) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Canadian Energy Services L.P. (TSX:CEU.UN) ("Canadian Energy Services", "CES" or the "Partnership") announced today that it reported amended T5013 tax breakdown information to the brokerage community via the online reporting facility at www.cdsinnovations.ca/t3 and also posted such amended information on the Partnership's website. The amended information corrects a clerical error and reflects partnership income in box 22 only of the T5013. The original T5013 mailed to unitholders contained partnership income in both box 22 and box 35.

Amended Tax Forms

If unitholders have registered their Class A units directly with CES's registrar and transfer agent, Computershare Trust Company of Canada ("Computershare"), then Computershare will be responsible for completing and mailing the amended T5013 or Releve 15 tax form. If unitholders hold their Class A units beneficially through a brokerage firm, then the brokerage firm will complete and mail the amended T5013 or Releve 15 tax form. Both the amended T5013 and Releve 15 tax forms are expected to be mailed to unitholders in the near future. Unitholders should use such amended forms for purposes of completing their 2008 tax returns, not the forms previously received.

CES does not complete or mail individual T5013 or Releve 15 tax forms directly to unitholders. Unitholders are advised to consult their own tax advisors as to their particular income tax situation regarding tax-related matters.

CES is organized in accordance with the terms and conditions of a limited partnership agreement which provides that only persons who are resident in Canada, or, if partnerships, are Canadian partnerships, in each case for purposes of the Income Tax Act (Canada) (the "Tax Act"), may own units of the Partnership. Units may not be purchased as a "tax shelter investment" for the purposes of the Tax Act or by any entity an interest in which is a tax shelter investment.

Canadian Energy Services designs and implements drilling fluid systems for the oil and natural gas industry, in particular relating to drilling medium to deep vertical and directional wells and horizontal wells in western Canada and the United States through its subsidiary AES Drilling Fluids, LLC. Additional information about Canadian Energy Services is available at www.sedar.com or at the Partnership's website at www.CanadianEnergyServices.com.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Canadian Energy Services Inc.,
    the general partner of Canadian Energy Services L.P.
    Tom Simons, President and Chief Executive Officer
    (403) 269-2800
    or
    Canadian Energy Services Inc.,
    the general partner of Canadian Energy Services L.P.
    Craig F. Nieboer, CA, Chief Financial Officer
    (403) 269-2800
    Email: info@ceslp.ca
    Website: www.CanadianEnergyServices.com