MOST RECENT NEWS - THEY''RE DO''IN BUSINESSCALGARY, Jan. 14 /CNW/ - Crossfire Energy Services Inc. ("Crossfire" or the "Company") today announced the Company has entered into a master service agreement (MSA) with an exploration and producer customer in its Northern Pipeline Construction operation. The MSA agreement encompasses pipeline and construction services in northern Alberta and will be manned and operated through the Company's Zama City construction operation.
Management anticipates that the project will staff approximately 70 people and the project is expected to be completed before spring thaw of 2008. The Company anticipates revenue from this project to be $8 - $9 million dollars.
"The project represents a significant mobilization of men and equipment to our Zama City operation", said Dean Bethune, Crossfire's President and CEO. "This project represents a tremendous opportunity for Crossfire and compliments construction activity the Company has secured in our north west Alberta construction group".