TORR Canada Sells Water Treatment System
Montreal (ots/PRNewswire)
TORR Canada Inc. ("TORR" or "the Company") (TSX-V: TOR) announced today it has received a contract award for a 5,000 BPD TORR(TM) system. The system will be used by a leading "super major" Oil & Gas producer to provide well clean-up facilities on an offshore facility in West Africa. The contract deal has been brokered by The Expro Group ("Expro" or "Expro Group"), TORR's licensing partner.
"This transaction demonstrates that our strategy continues to produce tangible results," said Alain Ferland, President and CEO of TORR Canada. "It gives us another international customer and an entry point into the "super major" league. We believe that as this customer and others come to implement TORR's superior oil and water separation technology, demand for the systems will grow, driven by the superior performance of our technology."
"The TORR(TM) technology was chosen for well clean-up applications on this project due to its environmental benefits and enhanced technical and safety performance," said Mike Moxey, Cased Hole Manager for Expro's Africa/Asia Region. "We believe that confirms TORR has strong potential in the oil and gas industry."
About TORR Canada Inc.
TORR Canada Inc. (formerly EARTH (Canada) Corporation) is a world leader in the development of leading edge technologies for hydrocarbon remediation. Through the use of its proprietary RPA(R) and TORR(TM) Technologies, TORR Canada Inc. is dedicated to the extraction of hydrocarbons from upstream Oil & Gas produced water. The Company provides to its customers superior economic and environmental benefits while yielding a return to shareholders. For more information, please refer to the TORR's website at www.torrcanada.com
About The Expro Group:
Expro International Group PLC ("Expro" or "Expro Group") is a leading upstream oil and gas technology and service provider, specialising in well performance and production optimisation. Its products and services are packaged into three distinct business segments: Cased Hole Services, Subsurface Systems, and Surface and Environmental Systems. The Expro Group employs over 2,400 people worldwide and is an innovative leader in oilfield technology which enables clients to maximise recovery of their reserves. For more information, please refer to the Group's website at www.exprogroup.com
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Contact:
For further information: TORR Canada Inc., Jacques L. Drouin, CFO &
Corporate Secretary, +1-(514)-522-5550, ext. 226,
jdrouin@torrcanada.com; The Equicom Group Inc., Eric Bouchard,
+1-(514)-844-7997, ebouchard@equicomgroup.com