Flint's Maintenance Subsidiary Successful Bidder For New Maintenance Contracts

Friday, Aug 27, 2010

Flint Energy Services Ltd. (Flint, the Company),
announced that Flint Transfield Services (FT Services), its 50% owned
maintenance company, was the successful bidder for maintenance contracts
with Nexen Inc worth an estimated $95 million over three years.

FT Services will provide electrical and instrumentation services and a
portion of mechanical maintenance services at Nexen's Long Lake facility,
southeast of Fort McMurray, Alberta. Work will commence later this year and
continue through 2013.

Flint's President and CEO, J. W. (Bill) Lingard, said today: "We are very
pleased to have FT Services selected by Nexen for this new contract work.
Our expertise in constructing these facilities and our ability to provide
asset management services through FT Services for this growing industry is
part of Flint's ongoing strategy of both building and maintaining these
sophisticated facilities for our customers".

Long Lake is the first oil sands project in the region to combine advanced
technologies that enable the recovery of deep bitumen, with the ability to
generate fuel gas and hydrogen on-site to power bitumen recovery and
upgrading to yield a premium synthetic crude product.

Since securing its first client in the Canadian oil sands industry in 2007,
FT Services has continued to expand its client base to include four major
players in the industry.

Flint Energy Services Ltd. is a market leader providing an expanding range
of integrated products and services for the oil and gas industry
including: production services; infrastructure construction; oilfield
transportation; and maintenance services. Flint, with more than 10,000
employees, provides this comprehensive range of products and services
through over 60 strategic locations in the oil and gas producing areas of
Western North America, from Inuvik in the Northwest Territories to Mission,
Texas on the Mexican border. Flint is a leading provider of infrastructure
construction management, module fabrication, maintenance services for
upgrading and production facilities in Alberta's oil sands sector.

Source: Canada Wire