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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (11868)7/25/1998 3:44:00 AM
From: Kerm Yerman  Read Replies (1) of 15196
 
Northline Energy Services To Construct Additional Coiled Tubing Nets

Date: 7/24/98 11:17:41 AM
Stock Symbol: NES

NORTHLINE ENERGY SERVICES INC. ("Northline") (ASE: NES) is
pleased to announce it has commenced construction on two new
coiled tubing units.The coiled tubing units will be built on 1999
Western Star Trucks and will each include one 6 barrel soap tank,
one 100 horse power triplex fluid pump hydraulic driven veritable
speed which is capable of 35mpa at 0.5 cubic metres per minute,
one air compressor capable of 14mpa at 330 cfm, one coiled tubing
spool capable of holding tubing from 3/4 inch up to 2 inches, one
5 ton knuckle hydraulic picker, one RT 20 injector and one 18
cubic metre tandem rig tank.The coiled tubing units will also be
constructed with electronic depth weight and fluid indicators.

Construction is expected to be complete by November 1, 1998 with
a view to operating the new coiled tubing units by early
November, 1998.

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