Wednesday, September 26, 2012

Canadian Company to Build CNG Plant

CanElson Drilling Inc., based in Calgary, Alberta, announced today that its wholly owned subsidiary CanGas Solutions Inc. has signed a three-year natural gas delivery agreement with Bayhurst Energy Services Corporation, 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 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. Read more

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