EnQuest Energy Services Corp.

EnQuest Energy Services Corp.

May 08, 2008 19:28 ET

EnQuest Energy Services Corp. Announces Gateway Division

CALGARY, ALBERTA--(Marketwire - May 8, 2008) - EnQuest Energy Services Corp. ("EnQuest" or the "Company", "ENQ") (TSX VENTURE:ENQ) is pleased to announce the launch of materials distribution, railway transload and related trucking services from strategically located facilities through its wholly owned subsidiary, Gateway Distribution Services Ltd. ("Gateway").

Mr. David Murray, CEO of EnQuest, stated, "We are excited about our new Gateway division. It fits exceptionally well with our overall strategy for the development of North American energy services business and augments our existing OCTG operations in the United States. Our Company's growth will occur through organic development and the acquisition of mature companies within EnQuest's market focus."

Dawson Creek, BC has been selected for Gateway's entry into the market and is scheduled to begin immediately. The facility is expected to be operational early in July and in time to support summer drilling programs scheduled for the region. Industry support to launch this operation has been provided by oil and gas and pipe distribution companies. The onsite rail spur is connected to a North American network. Products can be transferred to and from rail, truck or containers. The materials handled include: steel, tubular, dry bulk and downhole stimulation products, access matting, equipment and more. Regional transportation services will be provided by affiliated trucking companies who have the expertise to transport these cargos.

The new Dawson Creek facility is ideally situated to support resource based activities in north eastern British Columbia, Foothills and the Peace River Arch regions. The location is ideally situated for supply chain management purposes with easy access for materials originating in North America, by major highways and railway or from Asia through the ports of Vancouver and Prince Rupert. In addition, Gateway is investigating additional locations for development purposes.

Mr. Rod MacDonald, the President of EnQuest's Canadian Operations, recently appointed Mr. Gordon Harper as the President and General Manager of the new Gateway division. Mr. Harper has over 30 years experience in the oil and gas service sector. Over this time, he has been a President and Director with a number of privately owned service companies. He has extensive experience with in the tubular refurbishment, materials distribution, oilfield transportation and environmental sectors.

Contact Information

  • EnQuest Energy Services Corp.
    W.T. David Murray
    Chief Executive Officer
    (970) 241-3420
    (970) 242-5078 (FAX)
    Email: wtdmurray@enquestenergy.com
    EnQuest Energy Services Corp.
    Rod MacDonald
    President, Canadian Operations
    (403) 348-2172
    (403) 348-0451 (FAX)
    Email: rmacdonald@enquestenergy.com
    EnQuest Energy Services Corp.
    Christopher W. Challis
    President, US Operations
    (970) 241-3420
    (970) 242-5078 (FAX)
    Email: cchallis@enquestenergy.com
    Gateway Distribution Services Ltd.
    Gordon Harper
    (780) 484-8202
    (780) 484-8245 (FAX)
    Email: gharper@gatewayds.ca