11:28 AM EST - Black Diamond Group Limited : announced it has secured a 1,244-person camp contract in the prolific Montney Shale region of northeastern British Columbia. The Company expects to generate approximately $34 million of revenue over the term of the three-year contract. The first phase of 622 beds is expected to be installed during the second half of 2014, with rent starting January 2015. The remaining beds are anticipated to be deployed by April 2015. Black Diamond will fund the project from its previously announced 2014 capital budget. The Company anticipates that a portion of the capital spend related to this project will be deployed in the first quarter of 2015. Black Diamond Group Limited
shares T.BDI are trading up $0.03 at $33.79.
