FSI Energy Services Inc.

FSI Energy Services Inc.

November 09, 2011 12:19 ET

FSI Announces Bench Testing Contract

CALGARY, ALBERTA--(Marketwire - Nov. 9, 2011) - FSI ENERGY SERVICES INC. (TSX VENTURE:FSI) ("FSI") announced today that it has entered into a commercial contract to complete bench testing for a major Canadian Oil Company for specialized water treatment technologies and processes.

FSI is currently operating these projects by way of a joint venture with Waterworks Technologies of Calgary. This firm brings experience from hundreds of water treatment projects worldwide, and decades of expertise. "With FSI's long-time oilfield fluid separation experience and Waterworks Technologies' water treatment packaging, we have a very strong ability to help our customers with any water issues," from Perry Ball, FSI Energy VP.

"Our JV with FSI has allowed us to develop inroads into the local and worldwide oilfield markets using several new technologies and full-scale solutions," adds Len Sukovieff, owner and President of Waterworks Technologies.

FSI-Waterworks have been successfully testing, developing and implementing water treatment technologies over the past year. These technologies pertain to oilfield water re-use such as frac flow- back water, general produced waters, SAGD, and boiler feed-water. We have developed packaged water treatment products and services for the oilfield sector which allow oilfield water reuse, avoid environmental concerns, and help its clients eliminate disposal costs.

The water treatment packages leverage FSI's existing filtration/purification expertise, proprietary technologies, and allow the company to deliver complete water treatment solutions with shorter lead times, greater cost efficiency and highly customized equipment suited to each clients needs.

About FSI

Through its wholly owned subsidiary FSI International Services Ltd., FSI Energy Services Inc. is a Calgary-based manufacturing and service company specializing in customized filtration, filtration- related technologies.

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

Contact Information

  • FSI Energy Services Inc.
    Perry Ball
    Vice President
    (403) 571-4230
    (403) 230-3106 (FAX)