Flint Energy Services Company News

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Flint Energy Services to Lay Off Permian Workers
Tuesday, September 03, 2019 Flint Energy Services, Inc., a subsidiary of engineering firm AECOM, is laying off more than 100 workers in the Permian.

Flint Energy Completes Redemption of 7.5% Senior Notes Due 2019
Friday, December 27, 2013 Flint Energy Services announces it has completed the redemption of all its outstanding 7.5% Senior Notes due 2019.

URS to Acquire Flint Energy for $1.25B
Monday, February 20, 2012 URS Corporation and Flint Energy Services Ltd. announce a definitive agreement under which URS will acquire Flint for $25 per share in cash, or $1.25 billion.

Flint Bags Module Fabrication Contract in Alberta
Tuesday, November 22, 2011 Flint has been awarded a module fabrication contract valued in excess of $20 million for a major oil sands producer.

ProSep Places Private Placement; Strategic Alliance with Flint
Thursday, October 06, 2011 ProSep has entered into agreements for a non-brokered private placement of common shares of the Company.

Flint Secures Major Oil Sands Construction Proj. in Alberta
Thursday, September 29, 2011 Flint Energy has been selected as the construction contractor for a major SAGD oil sands project in the Wood Buffalo Region near Fort McMurray, Alberta.

Flint Acquires Assets in Tx., La., Ok.
Monday, November 22, 2010 Flint announced a US $36 million asset acquisition, including property and equipment in five locations in the United States; three in East Texas, one in Louisiana and one in Oklahoma.

Flint Sees Signs of Recovery
Friday, May 14, 2010 Flint reported revenues for the three month period ending March 31, 2010 were $521.4 million, up $59.0 million sequentially from 4Q 2009.

Flint Energy Services Snaps Up PES Surface
Monday, April 05, 2010 Flint Energy Services has acquired all of the issued shares of a subsidiary of Paintearth Energy Services for approximately $7.3 million in cash and the assumption of $610,000 debt.

Flint Forms JV to Market InnerArmor Technology
Monday, March 29, 2010 Flint and Sub-One Technology have entered into an agreement to form a new jointly owned company to produce and market a revolutionary hard surfacing treatment called InnerArmor technology.

Flint Bags Second Firebag 3 Contract from Suncor
Thursday, March 04, 2010 Flint secured a second contract by Suncor Energy to perform field construction, pre-commissioning and commissioning support at Suncor's Firebag 3, SAGD project near Fort McMurray, Alberta.

Flint Secures Contracts for Suncor's Firebag 3 Project
Tuesday, November 17, 2009 Flint Energy Services has been awarded contracts for module fabrication for Suncor Energy's Firebag 3 project. Work is currently underway and will be completed in the first quarter of 2010.

Flint Energy Services Strengthens Board of Directors
Friday, September 25, 2009 John Geddes, Chairman of the Board of Flint Energy Services Ltd. announced that Mr. Ian Reid has been appointed to its Board of Directors effective September 23, 2009.

Oil Sands Cos Still Hesitate on Projects Despite Falling Costs
Tuesday, April 28, 2009 Costs in Canada's pricey oil sands are starting to fall but nervous developers are still leery of giving the green light to stalled projects.

Flint Bags 6-Year Construction Contract with Major Alberta Producer
Friday, February 06, 2009 Flint's Production Services division was awarded a six-year mechanical construction contract with a major producer in Northeast Alberta.

Suncor's Postponement of Firebag 3 Project to Impact Flint's Business
Thursday, January 22, 2009 Flint Energy Services has analyzed the potential impacts of Suncor Energy's recently announced plans for a reduction in Suncor's capital expenditures on Flint's business for 2009.

Flint Clinches Multi-Year Construction Contract for Alberta Oil Sands
Monday, January 05, 2009 Flint has been awarded a multi-year construction contract to provide well pads and pipelines for CSS Thermal Oilsands facilities in northeastern Alberta.

Flint Wins $41MM Oil Sands Construction Contract from StatoilHydro
Tuesday, November 18, 2008 Flint was awarded a contruction contract by StatoilHydro Canada for work on the Leismer Oilsands Demonstration Project located near Fort MacMurray, Alberta.

Flint Energy Services Reorganizes Several Business Units
Friday, August 31, 2007 Flint Energy Services Ltd. has reorganized its Oilfield Transportation, Tubular Management and Manufacturing operations in Canada with changes in the management team and reporting structure.

Brown Joins United Reef's Board
Wednesday, December 13, 2006 United Reef Limited has appointed Douglas S. Brown, P.Eng. as a director of the Company.

Flint Energy Services Acquires Denmar Energy Services
Tuesday, July 04, 2006 Flint Energy Services has acquired the Denmar Energy Services Group, a privately held operation based in Bonnyville, Alberta. Denmar provides small diameter pipeline, facilities construction and maintenance.

Flint Energy Awarded Suncor Firebag Phase II Project
Wednesday, February 25, 2004 Flint Energy Services has been awarded the fabrication and modularization contract for Suncor Energy's Inc. Firebag Phase II project.

Flint Energy Services Acquires Western Slope Oilfield
Thursday, January 22, 2004 Flint Energy Services has successfully completed the acquisition of Western Slope Oilfield, Inc. of Rifle, Colorado.