Accede announces growth program

Blackfalds-based Accede Energy Services Ltd. has announced a $12.9-million capital growth program for 2014

Blackfalds-based Accede Energy Services Ltd. has announced a $12.9-million capital growth program for 2014. The company said in a release on Tuesday that the program will include additions to its JET Rentals and Sales’ fleet of surface rental equipment and its Latmann Equipment’s generator inventory, as well as expansion of product lines to and from its Captive Oilfield Rentals. The money for the capital expansion will come from cash flow from operations and existing credit facilities, it added. An employee-owned energy services company, Accede also operates Accede Fire and Safety, Wizard Valve Services and TNT Energy Services. It has locations in Blackfalds, Calmar, Edson, and Estevan, Sask.

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