Cordy Oilfield Services Inc.
TSX VENTURE : CKK

Cordy Oilfield Services Inc.

July 12, 2007 13:50 ET

Cordy and Bear Dog Announce Open Camp Project at Bob Quinn

CALGARY, ALBERTA--(Marketwire - July 12, 2007) - Cordy Oilfield Services Inc. ("Cordy") (TSX VENTURE:CKK) and Bear Dog Enterprises Ltd. ("Bear Dog") are pleased to announce that their first project pursuant to their recently signed MOU will be a 49 person "open camp" expandable to 100 person, at Bob Quinn, British Columbia. The camp is owned by Cordy and will be jointly operated by Cordy and Spectrum Catering Ltd., a joint venture between Bear Dog and PTI Group, a North American leader in the provision of modular workforce accomodations and catering services.

Bob Quinn is located on Highway 37 (Stewart Cassiar Highway) in Northwestern British Columbia, 14 km from the "haul road" to the Galore Creek and Schaft Creek mine development areas.

The open camp will provide accomodation to construction workers on various area projects including mining developments, highway construction, survey crews, pipeline construction, power lines, and other developments. Delivery of the camp to the site will be in August 2007, with opening to occur on or about September 1, 2007.

David Mullen, Chairman and CEO of Cordy, commented "The Bob Quinn open camp is the first of many projects that Cordy and its Tahltan Nation Partner, Bear Dog, will be developing together in the area. We anticipate working closely with Bear Dog to identify and pursue mutually beneficial projects."

Bear Dog is a wholly-owned Tahltan Business and carries on the business of promoting, developing and operating commercial enterprises within the Tahltan traditional territory. Bear Dog's shareholders are members of the Etzenlee Family who form part of the Tahltan Nation. As a Tahltan Business, Bear Dog has favoured contract status in respect to certain Economic Development Agreements entered into among the Tahltan Nation and enterprises who undertake projects within the Tahltan traditional territory.

Cordy Oilfield Services Inc. owns businesses in the oilfield services and construction sectors and is implementing a strategy of growth through acquisition.

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:
    David Orr
    Vice President - Corporate Development
    (403) 266-2067
    (403) 266-2087 (FAX)
    Email: dorr@cordy.ca
    Website: www.cordy.ca