EcoMax Energy Services Ltd.
TSX VENTURE : EES

EcoMax Energy Services Ltd.

July 18, 2005 09:10 ET

EcoMax Announces Additional BOP Stack Sales

CALGARY, ALBERTA--(CCNMatthews - July 18, 2005) - EcoMax Energy Services Ltd. (TSX VENTURE:EES), formerly CDK Services Ltd., announces that its Key B.O.P. Service division has received commitments for the sale of additional blowout preventer (BOP) stacks to several major customers. These commitments represent revenues of approximately $2.0 million with most of the deliveries expected over the remainder of the year. Combined with previously announced sales, BOP stack commitments for 2005 total approximately $4.7 million compared with sales for the 12 months of fiscal 2004 of $1.4 million.

EcoMax Energy Services Ltd. is an emerging oilfield services company whose product offering includes the patented EcoMax series of chemical pumps. The EcoMax pump reduces operating costs and greenhouse gas emissions at natural gas installations by utilizing a small pressure differential from the wellhead to the flow line to power a methanol chemical injection pump, which prevent hydrates from forming at the wellhead. The pump returns the exhaust gas to the sales line increasing natural gas sales and eliminating wellhead atmospheric emissions. The EcoMax pump offers significant economic benefits to customers while enhancing safety and landowner relations. Operators can sell gas now being emitted to the atmosphere from sweet gas facilities, eliminate the need for propane at sour gas facilities and may accumulate carbon credits for greenhouse gas reductions. The EcoMax pump addresses issues in the recently ratified Kyoto agreement and the updated Alberta Energy and Utilities Board Guide 60 on the emission of fugitive gases from well sites. The Company's growing base businesses provide valve and BOP sales and service solutions to the oil and gas and other industries in Western Canada.

The Company's new website is currently under construction, but our existing website can be accessed through www.ecomax.ca.

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

Contact Information

  • EcoMax Energy Services Ltd.
    Wayne Thomson
    President and CEO
    (403) 319-2027
    Email: wthomson@ecomax.ca
    or
    EcoMax Energy Services Ltd.
    Mark Hopkins
    COO/CFO
    (403) 319-2026
    Email: mhopkins@ecomax.ca