Wellstream Makes Brazilian Expansion Plans

Wellstream's Board has approved plans to expand its production capacity in Brazil and the United Kingdom. The expansion plans are projected to increase capacity by approximately 30% beginning from Q1 2009 and will involve an investment in the region of 35million. Demand for our services is underpinned by a solid oil and gas market, and the Board is confident that these expansion plans will position the company for further growth.

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