Horizon North has announced that they have signed a number of new contracts with energy companies with operations in the Montney region. The contracts will allow Horizon North over a three year period to provide accommodation rentals, catering, and camp management services.
The revenue of the contracts is expected to be in the neighbourhood of $41.7 million over the duration of the deal, and result in the creation of 415 executive style beds.
In a release president and CEO Rod Graham said, “These contract awards provide additional certainty to our expected results for the back half of 2015. Despite recent commodity price volatility, certain customers are moving forward with their plans to supply gas to future west coast liquefied natural gas facilities.”