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Enerflex Awarded New Contracts Totalling $67 Million

2008-04-07 16:52:00

Enerflex Awarded New Contracts Totalling $67 Million

CALGARY, ALBERTA–( EMWNews – April 7, 2008) – Enerflex Systems Income Fund (TSX:EFX.UN), is pleased to announce that over the first quarter of the year it has been awarded additional new contracts totalling approximately $67 million. These new contracts are in addition to the two contracts that were previously announced at the beginning of the year. In total, Enerflex’s Engineered Systems segment has announced approximately $243 million in new contracts for 2008.

These new orders include compression packages for Canada, the AustralAsia region and Colombia totalling approximately $15, $29 and $6 million respectively. The remaining order of approximately $17 million was awarded to Enerflex’s Production and Processing division based in Nisku, Alberta by China Petroleum Pipeline Bureau (CPP) for supply of two trains of produced water treatment packages for a water treatment plant in the Middle East and North Africa (MENA) region.

“Enerflex’s international success has continued its momentum through the first quarter of 2008. These awards demonstrate that our international diversification strategy is continuing to positively contribute to our results,” commented Blair Goertzen, President and Chief Executive Officer of Enerflex. “We are also seeing some improvement in Canada as fundamentals in the natural gas market begin to swing to our favour; the $15 million Canadian compression equipment award demonstrates this improvement.” Goertzen added.

Enerflex is a leading Canadian supplier of products and services to the global oil and gas production industry. Our core expertise lies between the wellhead and the pipeline. Enerflex provides natural gas compression, power generation and process equipment for sale, rent or lease, hydrocarbon production and processing facilities, electrical, instrumentation and controls services and a comprehensive package of field maintenance and contracting capabilities. Through our ability to provide these products and services in an integrated manner, or as stand-alone offerings, Enerflex offers its customers a unique value proposition.

Headquartered in Calgary, Canada, Enerflex has approximately 2,750 employees. Enerflex, its subsidiaries, interests in affiliates and joint-ventures operate in Canada, Australia, the Netherlands, the United States, Germany, Pakistan, Egypt, Indonesia and Malaysia. Enerflex’s trust units trade on the Toronto Stock Exchange under the symbol “EFX.UN”.

For more information, please contact

Enerflex Systems Income Fund
D. James Harbilas
Vice-President & Chief Financial Officer
(403) 236-6857
(403) 720-4385 (FAX)

or

Enerflex Systems Income Fund
Berk Sumen
Manager, Investor Relations & Communications
(403) 720-4308
(403) 720-4385 (FAX)

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Blake Masterson

Freelance Writer, Journalist and Father of 5

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