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Big Eagle News
October 6, 2008
Big Eagle Limited Partnership Closes Acquisition of Cham Services Ltd.
Calgary, Alberta, Canada – Big Eagle Limited Partnership (“Big Eagle” or the “Company”) announces that it has acquired the assets of Cham Services Ltd. (“Cham”) effective October 6, 2008. Cham Services Ltd. will operate under the Big Eagle Services name and will continue to provide its quality hot oiler and fluid heating services, as well as offer expanded service lines of Big Eagle Services.
Founded in 2002, Cham Services Ltd. has grown to become a leading hot oiler, pumping and heating supplier in the Hinton, Alberta region with heating capabilities of up to 12 million BTU.
“The acquisition of Cham Services Ltd. provides Big Eagle Services with quality operators and equipment and a strategic location in Hinton, Alberta. From this new location, we will better meet the needs of our existing customers while maintaining our high level of service and commitment to safety,” comments Roger Stokowski, Big Eagle’s President and Chief Executive Officer. “Cham has a solid foundation of quality employees that share the same dedication to best-in-class customer service as Big Eagle and we look forward to accomplishing great things together.”
“The partnership with Big Eagle provides opportunities to expand our service lines with a solid oilfield services partner,” added Larry Cunningham, Cham’s President. “I look forward to continuing our relationships with Cham’s customers as a member of the Big Eagle team.”
Big Eagle is a growth oriented private income trust that has delivered professional, dependable oil and gas field service solutions to industry customers through its large, modern fleet of over 450 units. Servicing Western Canada and the Northwest Territories, Big Eagle has the equipment, personnel and experience to get the job done safely and efficiently regardless of project scope or location.
This press release contains forward-looking statements subject to various risk factors and uncertainties, which may cause the actual results, performances or achievements of Big Eagle to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to, fluctuations in the market for oil and gas and related products and services, political and economic conditions, the demand for services provided by Big Eagle, industry competition and Big Eagle’s ability to attract and retain both customers and key personnel.
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