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

Canadian Energy Services L.P.

November 18, 2008 12:02 ET

Canadian Energy Services L.P. Announces Management Change

CALGARY, ALBERTA--(Marketwire - Nov. 18, 2008) -

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

Canadian Energy Services L.P. ("CES" or the "Partnership") (TSX:CEU.UN) would like to announce the following management change.

Mr. Tom Simons, President and CEO of Canadian Energy Services L.P., is pleased to announce that Mr. Craig F. Nieboer has been appointed as the Chief Financial Officer of Canadian Energy Services Inc. ("CESI"), the general partner of the Partnership, effective November 17, 2008.

Mr. Nieboer is a Chartered Accountant with over 20 years experience in Senior Financial/Management positions with internationally recognized companies including Amerada Hess and Ivanhoe Energy Ltd. Most recently Mr. Nieboer was CFO of BrazAlta Resources Corp, a TSX Venture listed issuer, which is both a junior exploration and production company and owns and operates a drilling services subsidiary in South America. With his broad base of international experience and financial leadership we welcome the contribution that Mr. Nieboer will bring to the Partnership.

CES 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 CES is available at www.sedar.com or at the Partnership's website at www.CanadianEnergyServices.com.

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.

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
    Website: www.CanadianEnergyServices.com