CSV Midstream Solutions Updates Strategic Midstream Opportunity

CALGARY, Alberta, Aug. 22, 2017 (GLOBE NEWSWIRE) — CSV Midstream Solutions Corporation (the “Company” or “CSV”) is pleased to provide an operational update on the construction of its majority owned and operated 100 Million cubic feet per day Resthaven gas plant (“CSV Resthaven” or “the Facility”).

Definitive agreements have successfully been reached with an intermediate exploration and production company to underpin the Facility. Approval has been received from the Alberta Energy Regulator and site construction has commenced with an expected completion late in the first quarter of 2018.

Through CSV’s execution expertise and guaranteed capital cost model, the Facility is expected to be delivered on schedule and on budget. All major equipment has been procured and engineering and design is substantially complete.

CSV Resthaven provides a repeatable modular design template which allows CSV to efficiently deliver this type of facility multiple times with only minor variations for different resource opportunities.

Information on CSV Midstream and additional details on the Resthaven Project including a 3D Model are available at our website www.csvmidstream.com.

About CSV Midstream Solutions Corporation

CSV is a Calgary-based company offering full services for complete midstream solutions. With a vision to advance midstream, CSV provides innovative, sustainable strategies in the design, construction, operation and management of natural gas and NGL assets, including sweet and sour gas processing, liquids handling and fractionation, and gas gathering and transmission pipelines. CSV’s primary focus is the developing natural gas energy industry in the Western Canadian Sedimentary Basin. For more information about CSV, please visit www.csvmidstream.com.

CONTACT: Contact Information

For CSV Midstream:

Daniel Clarke, 
Chief Executive Officer
CSV Midstream Solutions Corp. 
(587) 316-6900, daniel.clarke@csvmidstream.com

Don Rawson
Chief Financial Officer
CSV Midstream Solutions Corp. 
(587) 316-6900, don.rawson@csvmidstream.com