Intercept Energy Reports Revenues for Q-1, 2014
2014年4月17日 - 10:30PM
Access Wire
VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / APRIL 17, 2014 /
INTERCEPT ENERGY SERVICES INC. ("Intercept" or the "Company") - TSX
Venture: IES Intercept announced today that it expects to earn
gross revenue for its First Quarter ending March 31, 2014 of
approximately $1,360,000.
These revenues were generated from the rental of its four (4)
Energy Heating Units operating from Central Alberta, and also from
its two (2) Energy Heating trucks that recently began operation in
Williston, North Dakota. The reported revenues are gross figures
that have been invoiced from Intercept Energy to its Clients. The
Company expects to release its audited financial results for the
2013 year by the end of April and the unaudited financial results
for Q-1, 2014 by the end of May.
Ron Herman, Vice President of Business Development, notes: "With
over $800,000 in billings in March alone, we have just had our best
month and our best quarter for revenue since we commenced
operations in October of 2012. Our innovative heating units are
performing extremely well, and although we have only just begun
operations in North Dakota the market there appears to be receptive
to our technology. We expect to keep 4 units busy there over the
next several months."
The Company reports that due to "Spring breakup" in Alberta and
the subsequent road bans now in effect, it is re-locating two (2)
of its heating units from Alberta to North Dakota for the
foreseeable future.
INTERCEPT ENERGY SERVICES INC. (http://interceptenergy.ca)
Intercept Energy Services Inc. is an oilfield service company
primarily focused on servicing oil and gas companies, including
their fracking operations. The Company operates a growing number of
proprietary, highly efficient and economical water heating units in
Western Canada and North Dakota making our technology the safest
and most environmentally friendly heating units available.
INVESTOR RELATIONS AND COMMUNICATIONS
RANDY HAYWARD, PRESIDENT or BUCHALTER CONSULTING
Phone: 250-247-8689 or 604-687-8855 Toll free 1 866 631 6537
rhayward@interceptenergy.ca
stan.buchalter@buchalterconsulting.ca
Neither The TSX Venture Exchange Nor Its Regulation Services
Provider (As That Term Is Defined In The Policies Of The TSX
Venture Exchange) Accepts Responsibility For The Adequacy Or
Accuracy Of This News Release.
SOURCE: INTERCEPT ENERGY SERVICES INC.
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