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WORLEY LIMITED — Capital/Financing Update 2008
Nov 11, 2008
66073_rns_2008-11-11_ea6c3499-eb89-49c6-b95f-c1980cf0e1fd.pdf
Capital/Financing Update
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Level 7, 116 Miller Street North Sydney NSW 2060 Australia Telephone: +61 2 8923 6866 Facsimile: +61 2 8923 6877 worleyparsons.com WorleyParsons Limited ABN 17 096 090 158
12 November 2008
ASX Announcement
WORLEYPARSONS LIMITED (ASX:WOR)
Award of Devon Energy – Construction Contract for Jackfish 2 Module Fabrication
Devon Energy has awarded a contract for construction services, on a reimbursable basis, for the Jackfish 2 Project to Cord WorleyParsons, the Construction Division of WorleyParsons Canada Ltd. Cord WorleyParsons will be providing prefabrication and piperack and equipment module construction services for the Central Processing Facility of this 35,000 barrels per day steam assisted gravity drainage project.
Work is scheduled to begin at the WorleyParsons module assembly site in Blackfalds, Alberta, Canada during November and be completed during the third quarter of 2009.
The estimated revenue to be received by WorleyParsons under the contract is $48 million ($CAD).
WorleyParsons Chief Executive Officer John Grill commented – “This contract builds on the contracts for front end engineering design, detailed engineering design and procurement support previously awarded to WorleyParsons companies by Devon Energy for the Jackfish 2 Project. We look forward to continuing our strong relationship with Devon Energy.”
For further information, please contact:
David Housego Chief Financial Officer Ph: +61 2 8923 6866 www.worleyparsons.com
Geoff Fowlstone Fowlstone Communications Ph: +61 2 9955 9899 Mob: +61(0) 413 746 949 [email protected]