The contract is expected to generate $16 million in revenue and runs until 2014
CALGARY: Trimac Transportation Ltd has inked a contract to haul natural gas liquids (NGLs) for Provident Energy Ltd in northeastern British Columbia. The hauling, said Trimac, will operate out of the company’s Dawson Creek, BC facility and is expected to start in the second quarter of 2012 and run through to March 2014. The contract is expected to generate $16 million in revenue over its term and builds on its existing relationship with Provident dating from 2003.
“The addition of the new hauling for Provident further solidifies Trimac’s presence in British Columbia,” said Ed Malysa, Trimac’s president and COO. “I am pleased to announce this new opportunity with a company that is as well-established and respected as Provident. This opportunity will strengthen our capabilities to service our oil and gas customers in northeastern British Columbia.”
Calgary-based Provident operates midstream assets including NGL extraction, fractionation, storage, transportation, and marketing, with access across North America. Trimac provides bulk trucking services and does repairs, maintenance and tank-trailer cleaning services for Trimac’s fleet and for third party commercial customers. Trimac also provides third party transportation logistics services in Canada and the US through its subsidiary, Bulk Plus Logistics.