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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (8551)	1/21/1998 6:16:00 PM
From: Kerm Yerman	Read Replies (4) of 15196

SERVICE SECTOR / Anadime Corp. Opens New Facility ANADIME OPENS ELK POINT PROCESSING FACILITY; PLANT IS NEWEST ADDITION TO THE ANADIME FAMILY CALGARY, Jan. 20 /CNW/ - Anadime Corporation (TSE: AEM) today announced the opening of its Elk Point heavy oil waste processing and disposal facility, effective January 15, 1998. The Elk Point plant enhances the Anadime plant network and provides heavy oil producers with a local choice for slop oil and produced sand processing and disposal. The two Anadime-MCS three phase slop oil centrifuges give the plant over 250 m3 per day of heavy slop oil processing capacity. The pilot 40 m3 per day sand wash system is presently being commissioned, and following market acceptance of clean produced sand for industrial uses, will be replaced with a larger commercial version later in the year. ''One of the major challenges facing heavy oil producers today is high operating costs associated with costly slop oil processing and sand disposal,'' said Owen Pinnell, CEO of Anadime Corporation. ''The Elk Point plant is now the lowest cost option for heavy slop oil processing, primarily because producers retain most of the reclaimed oil. We also intend to provide the lowest cost option for sand disposal, when the commercial version of our sand wash system becomes operational.'' The plant is now accepting heavy slop oil and sand for processing and disposal and should be at full operating capacity by early February. The Anadime-MCS three phase centrifuges clean heavy oil slop to pipeline specifications of 0.5% BSW. The Anadime sand wash system removes all hydrocarbons and chlorides, allowing the clean sand to be marketed for commercial applications or soil enhancement. About Anadime Anadime Corporation (TSE: AEM) is the technology leader in oilfeld waste management. News and information is available at anadime com. The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.

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