(TSX: SCL.SV.A, SCL.MV.B) TORONTO, Aug. 30 /CNW/ - ShawCor Ltd. (TSX: SCL.SV.A, SCL.MV.B) today announced that it has confirmed the selection of a site in Hay River to provide services to the oil and gas industry in the Northwest Territories. These services will be provided in partnership with Northern Transportation Company Limited and Naegha Zhia Inc. and will be conducted from NTCL's harbour location. The NTCL property is zoned for industrial use with direct rail access and barge loading facilities, making it the preferred location for heavy industrial work in Hay River. It is an excellent property for storage and material handling as well as a good potential training site and is the ideal location for ShawCor to provide products and services to the growing, northern oil and gas industry. No other site in the Hay River area could be used for these purposes without incurring additional handling and transportation costs and posing a potential disturbance to the community. Naegha Zhia Inc. the corporate operating arm of the Katlodeeche First Nation, is also willing to supply additional land for the provision of these services if required. ShawCor Ltd. is a Canadian energy services company specializing in products and services for the pipeline, exploration and production, and petrochemical and industrial segments of the oil and gas industry. The company operates through seven divisions with manufacturing and service facilities located around the world. For 70 years NTCL's reputation has distinguished it as a leader in the maritime industry by delivering northern solutions and opportunities in challenging environments. NTCL has its head office in Hay River, Northwest Territories and is Canada's only pan-Arctic marine operator, providing cost- effective, reliable and comprehensive marine transportation and related services throughout northern Canada and the Arctic. Its related services include mobile and mechanical repair services and metal fabrication as well as electronic sales and service. Naegha Zhia Inc. is a 100% First Nations company owned by the Hay River Dene Band. Its focus is real estate and oil and gas development. This document contains forward looking statements, which are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the statements.