Secure Power Systems Installs North America's 1st Oil Field Micro Turbine Co Generation Project.

Business Editors

CALGARY, Alberta--(BUSINESS EDITOR)--Feb. 11, 2000

Secure Power Systems Ltd. the Western Canadian distributor of Elliott Energy Systems Turbo Alternator (TA) line of Micro Turbine Generator Sets, has installed North America's first Oil Field Micro Turbine Co-generation project for Stellarton Energy Corporation at their Carrot Creek Gas Plant. The first day of commercial operation was October 15th 1999. The TA45 has operated on a continuous basis since October 15th, 1999, accumulating over 2200 hours of operating time to date. Stellarton's Carrot Creek Facility utilizes 709,000 Btu's/hr of heat produced by the TA45 to support an existing boiler. The added heat displaces natural gas normally burned in the boiler, and allows Stellarton to produce a larger volume of sales gas and liquids. As well as providing standby power, the TA45 supplies 27kw to 37kw of continuous electric energy (at 3,100 feet elevation) to dedicated loads isolated from the power grid. The TA45 achieves an overall electrical plus heat efficiency of over 80%.

Secure Power Systems, the distributor of the Elliott Energy Systems TA45, TA80 and TA200 Micro Turbine product in Western Canada, provides power solutions to the oil and gas industry. The TA200 is scheduled to be available in the 1st Quarter of 2001.

Secure Power Systems Ltd. is a private company based in Alberta. Secure Power distributes and installs both micro-turbine and a full line of conventional electrical generation equipment up to 2 Megawatts in size. Secure Power is owned 60% by Stellarton Energy Corporation, a public company that trades on the Toronto Stock Exchange under the symbol SRT.a, and 40% by Adco Power, a private company that specializes in electrical power station construction binpull.