Mr. John Cooper reports

CLEARSTREAM ANNOUNCES MAJOR CONTRACT RENEWAL

Clearstream Energy Services Inc. has renewed a five-year operational work force management contract with a major oil sands producer in the Fort McMurray region. This contract is expected to generate approximately $240-million of revenue over the five-year term of the contract.

Clearstream's continued commitment to customer service and focus on safety, quality and operational execution all contributed to the successful renewal of this operational work force management contract. When combined with Clearstream's existing Fort McMurray operations and customer contracts, this renewal is expected to strengthen Clearstream's position as a business leader in the Fort McMurray region for years to come.

About Clearstream Energy Services Inc.

Clearstream provides maintenance and turnarounds, facilities construction, welding and fabrication, and transportation services to customers across Western Canada.

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