Black Diamond Announces Suncor Oilsands Accommodation Development
May 17 2011
CALGARY, ALBERTA--(Marketwire - May 17, 2011) - Black Diamond Group Limited ("Black Diamond" or the "Company") (TSX:BDI), a leading provider of remote modular accommodation and energy services in North America, is pleased to announce the Company's Camps and Logistics Division has signed a custom sale contract with Suncor Energy to supply workforce accommodation at the Suncor McKay River Expansion Project north of Fort McMurray, AB.
This extensive project includes the sale, transportation, installation and operations of new dormitories and connecting arctic corridors which will tie into a pre-existing accommodation facility. Installation of the 37 modular unit (162-bed) project, plus piling installation and full-site services will commence in June, 2011. Project completion is slated for August, 2011.
There is no capital expenditure associated with this project as this is a custom-sale project for the customer.
About Black Diamond
Founded in 2003, Alberta-based Black Diamond Group Limited is a leading provider of temporary and permanent modular building and energy services products. Through its wholly-owned subsidiaries, Black Diamond Limited Partnership, Nortex Modular Leasing and Construction Company and through its 50% equity participation in the Black Diamond Dene Limited Partnership and Black Diamond West Moberly Limited Partnership, Black Diamond operates three complementary divisions in thirteen strategic locations across Canada and USA.
Black Diamond Camps and Logistics rents and sells remote workforce housing and provides associated services; BOXX Modular specializes in renting or selling a broad range of modular work space solutions and Black Diamond Energy Services rents and sells a full complement of oilfield equipment and services. Black Diamond provides world-class services to a full spectrum of industries including oil, gas, mining, power, construction, engineering, military, government and education.
The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.
Black Diamond Group Inc. Trevor Haynes President and Chief Executive Officer (403) 206-4737 (403) 264-9281 (FAX)
Black Diamond Group Inc. Michael Burnyeat Vice President, Finance and Chief Financial Officer (403) 206-4740 (403) 264-9281 (FAX) www.blackdiamondlimited.com