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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Secure Energy Services Inc | TSX:SES | Toronto | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.09 | -0.79% | 11.31 | 11.30 | 11.31 | 11.43 | 11.31 | 11.41 | 65,723 | 15:00:44 |
CALGARY, Oct. 9, 2018 /CNW/ - Secure Energy Services Inc. ("Secure" or the "Corporation") (TSX – SES) is pleased to announce the light oil feeder pipeline system and receipt terminal in the Kindersley-Kerrobert region of Saskatchewan ("Kerrobert Light Pipeline System") was completed on time and on budget and began commercial operations on October 1. Secure commenced construction of the Kerrobert Light Pipeline System in September of 2017 as part of the Corporation's growth strategy to continually expand its midstream infrastructure by adding long-term contracted transportation and commercial related services in support of value creation for customers.
"The commissioning of the Kerrobert Light Pipeline System is an incredible milestone for Secure," said Rene Amirault, Chairman of the Board, President and Chief Executive Officer. "We're pleased to see the successful execution of a project of this magnitude from the planning phase to final completion and are excited for the continued growth and development of the Corporation's midstream business. It is another example of how we strive to help our customers."
The Kerrobert Light Pipeline System provides a capital efficient transportation solution for Secure's customers operating in the region and has operational flexibility to accommodate production growth. The project was completed on time and on budget due to the dedication of Secure employees and contractors involved throughout all phases of the project, and the strong cooperation of various project stakeholders, including the local community, regulators and government agencies. The Kerrobert Light Pipeline System was designed and constructed using the highest level of environmental standards and is an exemplary model of Secure's commitment to safe and sustainable operations.
ABOUT SECURE ENERGY SERVICES INC.
Secure is a TSX publicly traded integrated energy business with midstream infrastructure, environmental and technical solutions divisions providing industry leading customer solutions to upstream oil and natural gas companies operating in western Canada and certain regions in the United States ("U.S.").
SOURCE SECURE Energy Services Inc.
Copyright 2018 Canada NewsWire
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