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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (9553)	3/17/1998 12:01:00 AM
From: Arnie	Read Replies (1) of 15196

GENERAL INTEREST / Earthwork contract awarded by Sable Offshore Energy HALIFAX, March 16 /CNW/ - Sable Offshore Energy Incorporated (SOE Inc.) today announced that J & T van Zutphen Construction Ltd. of Port Hood, Nova Scotia, has been awarded a contract for the earthwork and site preparation at the Goldboro natural gas plant site. The award was made by the alliance contractor BBA, a Joint Venture, responsible for the onshore construction facilities. The contract is worth about $3.5 million and has a 100% Nova Scotian content. Van Zutphen's have operated in Nova Scotia for the past 34 years. All construction work will be done at the Goldboro plant site and will include the mobilization of equipment, initial survey, and commencement of earthwork activities for construction of the access road and main site area. BBA Project Manager Steve Corkum said that while this is a union job, discussions would continue between the contractor and the respective bargaining units to maximize opportunities for Guysborough County residents. Van Zutphen will make an immediate start on the contract. More than 30 people will be employed in the work, which is expected to be completed by July 31, 1998. SOE Inc. is owned by: Mobil Oil Canada Properties Limited 50.8% Shell Canada Limited 31.3% Imperial Oil Resources Limited 9.0% Nova Scotia Resources Limited 8.4% Mosbacher Operating Limited .5%

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