Trimac Transportation Ltd. (TMA.TO: Quote) announced that it has entered into a new contract to haul a significant new volume of NGL's or Natural Gas Liquids on behalf of Provident Energy Ltd. (PVE.TO: Quote,PVX: Quote) in northeastern British Columbia.
The contract builds on Trimac's existing relationship with Provident that dates back to August 2003. The hauling will be operated out of Trimac's Dawson Creek, British Columbia facility and is expected to commence in the second quarter of 2012 and run through to March 2014.
The contract is expected to generate $16 million in revenue over the term of the contract.
by RTT Staff Writer
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