"CALGARY, ALBERTA--(Marketwire - Sept. 26, 2012) - CanElson Drilling Inc. (TSX:CDI) announced today that its wholly owned subsidiary CanGas Solutions Inc. ("CanGas") has signed a three-year natural gas delivery agreement with Bayhurst Energy Services Corporation (BESCO), a subsidiary of SaskEnergy, Saskatchewan's Crown-owned natural gas utility. Under the agreement SaskEnergy will develop a high-capacity compressed natural gas (CNG) facility at Weyburn, Saskatchewan, allowing CanGas to become the first commercial supplier in Western Canada of trucked CNG for diesel engines on oil and gas drilling rigs. "With this agreement we can start rolling out our plan to substitute diesel fuel with clean and inexpensive natural gas in our own fleet of mobile drilling rigs in Saskatchewan," said W. Randy Hawkings, CanElson's President and CEO. "We expect this agreement will serve as a regional model under which we can quickly expand our CNG road transport services business to supply drilling rig engines and other equipment in markets across North America." As a result of the agreement with SaskEnergy, CanElson will focus $9 million of its previously announced $20 million investment in CanGas to establish a fleet of 30 Saskatchewan-based truck-hauled CNG delivery trailers and to convert the primary diesel engines on all of its 14 drill rigs in Saskatchewan to bi-fuel capability so that the engines can operate on a mixture of natural gas and diesel fuel."
"With significant cost savings presently between natural gas and diesel fuel, CanElson has plans to negotiate more CNG supply agreements in other Canadian locations, as well as Texas and North Dakota, where CanElson operates drilling rigs."
Kaasun kuljetuskalusto on ensisijassa yhtiön omaa käyttöä varten(porille), toissijaisesti ulkopuolisille, jos kiinnostusta löytyy. CanGasin arvo=Dieselin hinta-maakaasun hinta-porauskaluston muuntokustannukset-kaasun kuljetuskustannukset.
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