BWI (Pink Sheets:BDWT), a premier waste solutions company in the Calgary area has acquired Finnie Water Hauling Ltd. and signed a Letter of Intent with Hydrovac Alberta Inc.
Finnie Water Hauling Ltd., in operation for over 10 years, has established itself as oil field and construction water service specialists based on their attention to professionalism and safety. With a fleet of eleven water trucks and one hydro-vacuuming truck, Finnie Water Hauling derives 80% of its revenue from oil field and oil sands service in the provinces of Alberta, Saskatchewan and British Columbia. Their remaining revenues come from servicing major construction companies including Standard General and Volker Stevin. Finnie Water Hauling Ltd. will strengthen BWI’s position in the Alberta oil field and expand BWI’s presence into Saskatchewan and British Columbia.
Hydrovac Alberta Inc. is a Calgary based company with over 30 years experience safely exposing underground utilities, such as high pressure gas lines and fragile fibre optic cable. Their fleet of trucks, fully equipped to handle all hydro-vacuuming and day-lighting operations in all seasons, have the highest payload rating and capacity in the area.