Drakken Contract

Publish Date: Sunday, April 10, 2011

Calgary, Canada (April 10, 2011)

Drakken is pleased to announce that is has been awarded a project and construction management contract by Filterboxx Water and Environmental, a world leader in Water Treatment Process Facilities, for their contract in the Canadian Oil sands.  The contract, currently underway and destined for the Concoco Surmont II facility north of Fort McMurray, is expected to run through Q4 of 2011.

“This integrated project and construction management contract is one of the single largest contracts that we have been awarded to date; with the project team managing manufacturing, design, logistics and site construction elements simultaneously.” said Ryan Arsenault, Director for Drakken. The Drakken team is controlling aspects of manufacturing in Calgary, site construction in Fort McMurray, and Procurement & Expediting from around North America.  Ben Watts, Project Manager, went on to say that “the fast track nature of the project fits well with the agile Drakken project management methodology - proving our system for management works well not only in the international market, but in the Canadian oil sands as well.”

About Surmont.

Surmont is a SAGD oil sands facility owned by Total and Conoco Phillips.  Surmont is being developed through a multi-phased approach. Phase 1 has a design capacity of 27,000 barrels of bitumen per day with a design steam-oil ratio of 2.25. It entered into commercial production in the 4th quarter of 2007.

Surmont Phase 2 development is expected to take the total bitumen production to approximately 110,000 barrels of bitumen per day. Phase 2 was sanctioned in January 2010 by the partners, with production start-up currently scheduled for 2015.  Phase 2 is currently under development.

Total's evaluations indicate that the Surmont Asset has a phased, full field development potential of over 200,000 barrels of bitumen per day for more than 30 years. Future phases are currently under consideration.

About Drakken.

Drakken is a leading provider of fully integrated project and construction management services to the worlds energy producers. Drakken focuses on turnkey project execution to deliver power generation and distribution, electrical and instrumentation and industrial automation services.

For more information about Drakken. please visit our website at www.drakken.co.