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Gold/Mining/Energy : Canadian Microcaps -- Ignore unavailable to you. Want to Upgrade?


To: TheFarmer who wrote (515)5/24/2005 8:07:55 AM
From: TheFarmer  Respond to of 817
 
Leader energy services announces 2005 expectations
tuesday may 24, 6:02 am et

calgary, alberta--(ccnmatthews - may 24, 2005) - leader energy services ltd. (tsx venture:lee - news; "leader" or the "company") today announced that it expects revenue for the fiscal period ending december 31, 2005 to range between $17 and $22 million and diluted earnings per share to range between 17 and 22 cents, which is higher than previously expected. by the start of the fourth quarter of 2005, leader will have doubled its coiled tubing and nitrogen pumping capacity, which will further enhance future financial performance.

demand for leader's services remains firm and this is reflected in improved pricing since the beginning of the year. continued strength in commodity pricing points to a strong conclusion to 2005, which is to be conveyed into 2006. with industry fundamentals at record highs the company is positioning itself to maximize future growth potential.