GLK Great Lakes Graphite Inc

CALGARY, June 17, 2011 /CNW/ -- TSX-V: "GLK" CALGARY, June 17, 2011 /CNW/ - Global Energy Services Ltd. ("Global") is pleased to announce that, further to its news releases of March 29, 2011 and April 26, 2011, it has, subject to receipt of final TSX Venture Exchange approval, completed the arm's length acquisition of the business and assets of Stellarton Technologies Inc. ("Stellarton"). Global is an innovative oilfield service company that provides production services and communications solutions to the oil and gas industry. The production services segment utilizes its patented Activator Hydraulic Submersible Pump ("HSP") to enhance and increase ultimate production in both conventional and unconventional gas, oil, and CBM wells. With the acquisition of the business of Stellarton, Global adds capabilities in advanced oilfield production technologies including a suite of products designed to optimize oil and gas fields at any stage of their economic life cycle - particularly fields suffering production decline due to liquid loading. Global was founded in 1994 and is listed on the TSX-V. More information about Global Energy Services can be found at http://www.global-energy.ca This News Release contains forward-looking statements subject to various risk factors and uncertainties, which may cause the actual results, performances or achievements of Global to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements.  Such factors include, but are not limited to, fluctuations in the markets for oil & gas and related products and services, political and economic conditions, the demand for the products and services provided by Global, industry competition and Global's ability to attract and retain both customers and key personnel. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/June2011/17/c7362.html p /p p align="justify" bDerek /bbM. Begin/b, President and Chief Executive Officer.br/ Global Energy Services Ltd.br/ #10, 1220 -59supth/sup. Ave. SEbr/ Calgary, Alberta T2H 2M4br/ Tel: (403) 243-0820br/ Fax: (403) 243-3425br/ E-mail: a href="mailto:dbegin@global-energy.ca"dbegin@global-energy.ca/abr/ Web site at: a href="http://www.global-energy.ca/"www.global-energy.ca/a /p p bEric Lai/bbng, /bPresident Stellarton Technologies Inc.br/ Suite 101, 17620-103suprd/sup. Ave.br/ Edmonton, Alberta T5S 1J9br/ Tel: 780 481 4234br/ Fax: 780 481 4586br/ e-mail: a href="mailto:elaing@stellartontech.com"elaing@stellartontech.com/abr/ Web site at: a href="http://www.stellartontech.com/"www.stellartontech.com/a /p

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