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Gold/Mining/Energy : KERM'S KORNER -- Ignore unavailable to you. Want to Upgrade?

To: Kerm Yerman who wrote (11834)	7/24/1998 4:12:00 AM
From: Kerm Yerman	Read Replies (1) \| Respond to of 15196

SERVICE SECTOR / Canadian Crude Separators Inc. Acquisition CANADIAN CRUDE SEPARATORS INC. ACQUIRES OILFIELD WASTE MANAGEMENT FACILITIES Date: 7/22/98 1:55:06 PM Stock Symbol: CCR Canadian Crude Separators Inc. (CCS) announced today that it has signed a conditional offer to purchase all of the assets of Caprice Holdings Ltd. and Aggassiz Development Ltd., currently operating as Edson Oil Cleaning & Water Disposal and Brazeau/Elk River Oil Cleaning and Water Disposal. The two waste plants are situated southeast of Edson and west of Drayton Valley and will have an immediate positive impact on earnings. The closing is anticipated on September 1, 1998, subject to due diligence and required approvals. Dave Werklund, CEO & President of CCS, said, "the acquisition of two additional waste plants will give CCS strategic market share in one of the largest oilfields in Canada." CCS is a publicly traded (TSE-CCR), dynamic Calgary-based company committed to "Safely Providing Environmentally Responsible Solutions" to its customers. In operation since 1984, CCS has grown, including this acquisition, to 13 oilfield waste processing, custom treating, and disposal facilities throughout Western Canada. CCS also operates 20 service rigs under the name of Concord Well Servicing.