Sikanni Services Ltd.
TSX VENTURE : SKI

Sikanni Services Ltd.

July 10, 2007 15:58 ET

Sikanni Expands Its Operations Into the United States

RED DEER, ALBERTA--(Marketwire - July 10, 2007) -

NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE SERVICES.

SIKANNI SERVICES LTD. ("Sikanni" or the "Company") (TSX VENTURE:SKI) -

Sikanni Services is pleased to announce it has recently signed a long term contract to supply 40 of its wheeled frac tanks to an energy services company based in Montana. The tanks will be deployed throughout Montana and North Dakota for a major E&P customer. As a result of this agreement, Sikanni will be increasing its existing tank fleet from 100 to 140 units. Further expansion of the rental tank fleet is expected to occur during the balance of 2007 due to increased industry demand from both drilling and production related customers.

"This agreement provides the Company with a unique opportunity to expand our business base into a new geographic area.", reported Rod MacDonald, President of Sikanni, "We will continue to look for value-added opportunities that provide strong bottom line growth and that provide additional operational diversification."

About Sikanni Services

Sikanni Services Ltd. is an energy services company providing oilfield transportation and equipment rental services to the North American oil and gas industry. The Company is headquartered in Red Deer, Alberta and operates from branch locations in Grande Cache, Grande Prairie, Swan Hills and Fox Creek, Alberta. Sikanni and its wholly owned subsidiaries, Twilight Oilfield Hauling Ltd. and Northwell Oilfield Hauling Ltd., are strategically focused on four segments of the oil and gas service sector: (i) oilfield hauling and transportation; (ii) wheeled tank rentals; (iii) drilling mud distribution and; and (iv) oilfield waste management.

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

Contact Information

  • Sikanni Services Ltd.
    Rod MacDonald
    President & Chief Executive Officer
    Email: rmacdonald@sikanni.com
    or
    Sikanni Services Ltd.
    Thomas E. Lewis, CA
    Chief Financial Officer
    Email: tlewis@sikanni.com
    or
    Sikanni Services Ltd.
    4757 - 60 Street
    Red Deer, Alberta, T4N 6H8
    (403) 356-2400
    Website: www.sikanni.com