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  Arrow 3 Media Release 18 July 2001

ESTec Systems announces first sale of Top Drive

ESTec Systems announces the first sale of ESTec Oilfield's newest offering, the IntegraLine 150iH Top Drive, to the Canadian arm of Nabors Drilling of Houston,
Texas. The value of ESTec's is close to three-quarters of a million dollars Canadian. Nabors Drilling is one of the largest drilling contractors in the world.

The Top Drive, ESTec Oilfield's initial innovative offering for the oil and gas industry, just had its debut June 27 in West Edmonton before more than 100 representatives of government, industry, and the media.

ESTec Oilfield was assisted in the construction and design of the 150iH by Allan R. Nelson Engineering, Estec's engineering subsidiary, and by Argus Manufacturing of Edmonton.

The sale of our first IntegraLine 150iH is a milestone, and we are pleased to have such a pre-eminent client as Nabors Drilling for our first client.

 
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