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Horizon North Logistics Inc. Provides Update on LNG-Related Activities

Horizon North Logistics Inc. Provides Update on LNG-Related Activities Canada News...

articleDexterra Group, Inc.April 22, 20195/company/dexterra-group-inc/news/horizon-north-logistics-inc-provides-update-on-lng-related-activities
Horizon North Logistics Inc. Provides Update on LNG-Related Activities

About this update from Dexterra Group, Inc.

[{"type":"text","content":"\n\n\n\nHorizon North Logistics Inc. Provides Update on LNG-Related Activities\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, April 22, 2019\n\n\n\nCALGARY, April 22, 2019 /CNW/ - Horizon North Logistics Inc. (\"Horizon North\" or the \"Corporation\") (TSX: HNL.TO) provided an update today on the Corporation's liquefied natural gas (\"LNG\")-related activities, including new camp contracts to support the construction of the Coastal GasLink Pipeline project (the \"Coastal GasLink Project\") and the expected opening of the Corporation's Crossroads Lodge in Kitimat, British Columbia (the \"Lodge\").\nNew Camp Contracts\nPursuant to a Teaming Agreement with Falcon Camp Services Inc. (\"Falcon Camp Services\"), Horizon North has entered into contracts (the \"Camp Contracts\") to provide equipment, catering, hospitality and operations services for two camps supporting construction work on the Coastal GasLink Project in northern British Columbia.\nThe Parsnip and Lejac Camps (the \"Camps\"), located near MacKenzie, British Columbia and Fraser Lake, British Columbia respectively, will operate over an expected period of 30 months (the \"Expected Service Period\") beginning in June 2019. The occupancy levels of the Camps will fluctuate over the Expected Service Period based on project needs and construction seasons varying in length from five to eleven months. The Camps will have approximately 350 beds combined at the beginning of the Expected Service Period, with an anticipated peak of approximately 1,900 beds in late 2020.\n\"These Camp Contracts provide an opportunity for Horizon North to gain valuable exposure to natural gas pipeline construction which will support LNG export facilities on the west coast, while continuing our dedication to strong relationships with Aboriginal communities and businesses,\" says Rod Graham, President and Chief Executive Officer of Horizon North. \"Horizon North has been working with Falcon Camp Services for some time to build a mutually beneficial agreement that will foster employment and investment in the local comm...

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