Fernandez said that the collective experience of the team in the energy industry and on energy-specific risk management services exceeds 300 years. He also highlighted the North American focus of the team, which is closely aligned with Zurich's efforts to enhance a worldwide network of Global Energy Risk Engineering services.

About Zurich

Zurich's North America Commercial and Global Corporate in North America business divisions are part of Zurich Financial Services Group (Zurich), an insurance-based financial services provider with a global network of subsidiaries and offices in North America and Europe as well as in Asia Pacific, Latin America and other markets. Founded in 1872, the Group is headquartered in Zurich, Switzerland. It employs approximately 60,000 people serving customers in more than 170 countries. In North America, Zurich (www.zurichna.com) is a leading commercial property-casualty insurance provider serving the global corporate, large corporate, middle market, specialties and programs sectors.

Risk engineering services are provided by Zurich Services Corporation.

SOURCE: Zurich

Media contact: 
Steve McKay 
Zurich 
(847) 706-2265 
steven.mckay@zurichna.com

Global Energy has centralized all its Activator HSP (Hydraulic Submersible Pump) assembly, testing and repair operations in Calgary at our present facility. We continue to outsource some of our components from various manufacturers who are also ISO 9001 compliant. This standard alleviates manufacturing issues and standardizes the assembly process.

Our US based joint venture has been successful in deploying pumps in the Barnett Shale play in central Texas. While de-liquefying the horizontal wells in this play has historically been very difficult, Global Energy's Activator HSP is currently pumping from greater depths at higher rates than has previously been accomplished by the industry. The result is significant production optimization and the extension of probable reserves. Global Energy technology is also being utilized in other shale plays in Oklahoma.

Clayton Hoffarth VP and CTO (Chief Technical Officer) has left the company to pursue his own objectives. We thank Mr. Hoffarth for helping grow the Activator HSP and Production Services product line and wish him the best in his future endeavours.

Global Energy is pleased to announce the General Manager of Production Services is Doug Cuthbertson, P.Eng. Doug has several years of domestic and international experience in artificial lift with oil and gas production companies and ESP (Electric Submersible Pump) manufactures.

About Global Energy Services Ltd.

Global Energy Services Ltd. is an innovative oilfield service company that provides production equipment and services and communications solutions to the oil and gas industry. The production services segment utilizes its patented Activator hydraulic submersible pump to enhance production in conventional gas, coal bed methane, and oil wells. Global's communications segment provides a complete suite of integrated products and solutions specifically suited for the oil and gas industry. Global was founded in 1994 and is listed on the TSX-V.

More information about Global Energy Services Ltd. can be found at http://www.global-energy.ca

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SOURCE: Global Energy Services Ltd.

Global Energy Services Ltd., Derek M. Begin, President and Chief Executive Officer,
Global Energy Services Ltd., No.10, 5920 - 11th Street S.E., Calgary, Alberta, T2H
2M4, Tel: (403) 243-0820, Fax: (403) 243-3425, E-mail: dbegin@global-energy.ca