Tervita Corporation Acquires 3K Oil Services Ltd.


CALGARY, Alberta, Nov. 02, 2017 (GLOBE NEWSWIRE) -- Tervita Corporation (“Tervita” or the “Company”), a leading environmental solutions provider, announced today the acquisition of 3K Oil Services Ltd. (3K), an oilfield services provider to heavy oil markets located in the west central region of Saskatchewan, northeast of Lloydminster.

“With this acquisition, we are broadening our service offerings in the heavy oil market to our customers in the region,” said John Cooper, President and Chief Executive Officer with Tervita.  “We look forward to welcoming the 3K employees to our team and to continuing to work with and grow our new customers and suppliers in the region.”

The purchase of 3K includes a treatment and storage facility for heavy oil waste by-product, a class II landfill and a water disposal well. It complements Tervita’s current portfolio of facilities in the region, and illustrates the company’s focus on growing its service offerings in economically strategic locations to benefit its customers.

For more information please contact:

John Cooper
President & Chief Executive Officer
johncooper@tervita.com
(403) 231-1122

Rob Dawson
Chief Financial Officer
rdawson@tervita.com
(403) 231-1113

Media Relations:

Kelly Sansom
Manager, Communications
ksansom@tervita.com 
T: (587) 233-3639
M: (587) 585-6501

About Tervita
Tervita has close to 40 years of operational experience in Canada as a leading environmental solutions provider. Our integrated earth, water, waste and resource solutions deliver safe and efficient results through all phases of a project by minimizing impact, maximizing returns.™ Our dedicated employees are trusted sustainability partners to oil and gas, construction, mining, government and communities. Safety is our highest priority: it influences our actions and shapes our culture.  For more information visit Tervita.com.