Pure Energy Services Ltd.
TSX : PSV

Pure Energy Services Ltd.

December 08, 2006 17:29 ET

Pure Energy Services Ltd. Announces Open Market Acquisition of Common Shares

CALGARY, ALBERTA--(CCNMatthews - Dec. 8, 2006) - Pure Energy Services Ltd. (TSX:PSV) ("Pure") announced today that James Kevin Delaney, President & CEO, Calgary, Alberta, acquired 120,000 Common Shares of Pure on the open market through the TSX, representing approximately 1% of the issued and outstanding Common Shares. As a result of the acquisition of these Common Shares, Mr. Delaney now holds 1,620,000 Common Shares or 10.2% of the issued and outstanding Common Shares of Pure.

Pure Energy is an oilfield services company that provides completion and drilling related services to oil and gas exploration and development entities in the Western Canadian Sedimentary Basin ("WCSB") and, through its wholly-owned subsidiary, Pure Energy Services (USA), Inc., in the Rocky Mountain region of the United States.

Pure Energy currently provides logging and perforating, production testing, multiline, drilling and pressure transient analysis services to customers in the WCSB, and also provides production testing, logging and perforating, and fracturing services to customers in the Rocky Mountain region.

Contact Information

  • Pure Energy Services Ltd.
    Kevin Delaney
    President and CEO
    (403) 262-4000
    Email: kdelaney@pure-energy.ca
    or
    Pure Energy Services Ltd.
    Michael Baldwin
    Chief Financial Officer
    (403) 262-4000
    (403) 262-4005 (FAX)
    Email: mbaldwin@pure-energy.ca
    or
    Pure Energy Services Ltd.
    #300, 1010 - 1st Street S.W.
    Calgary, Alberta T2R 1K4