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GFS Gasfrac Energy Services

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Share Name Share Symbol Market Type
Gasfrac Energy Services TSXV:GFS TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
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GASFRAC Energy Services Inc. Announces Incident Investigation

16/01/2011 9:28pm

Marketwired Canada


GASFRAC Energy Services Inc. ("GASFRAC") (TSX VENTURE:GFS) announces that an
incident occurred on a location that resulted in a propane leak that was quickly
contained. As a result of the leak there was an ignition that resulted in a
short fire that damaged the back end of two fracturing pumpers. Three employees
incurred minor burns, two have been released from hospital and the other has
been asked to stay for further examination of second degree burns on his hands.


GASFRAC is working with the occupational health and safety authorities and the
operator to complete a thorough investigation of the incident. As a
precautionary measure, GASFRAC has suspended operations until the root cause of
the leak has been identified and necessary corrective actions initiated. At that
time an updated press release will be issued detailing the actions to be taken.


GASFRAC is an oil and gas service company headquartered in Calgary, Alberta,
Canada, whose primary business is to provide LPG fracturing services to oil and
gas companies in Canada and the USA.


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