2003 Annual Report - Enerflex

Enerflex Systems Ltd. is a leading provider of products and services to theglobal oil and gas production industry. The Company is headquartered inCalgary, Canada, with operations in Canada, the United States, the UnitedKingdom, the Netherlands, Germany, Australia, and Indonesia.review ofoperationsEnerflex is organized into three business segments: Service, Fabrication and Leasing.Together, they allow Enerflex to provide a complete suite of products and services fromwellhead to pipeline.These products and services are delivered through six operating units, each focused onmeeting a specific area of customer need: Compression, Power, Mechanical Service, Production& Processing, Leasing, and Electrical, Instrumentation & Controls.Cecil WoodQA/QC, HSE SupervisorEFX Compression USAThe six operating units are comprised of 14 divisions, each of which offers unique expertise andknowledge to customers either on a stand-alone basis, or as a powerfully integrated team solution.Management Realignment Brings Re-energizedEntrepreneurial Spirit and Customer FocusAs 2003 began, Enerflex concentrated on integrating the operations of its 2002 acquisition ofEnSource Energy Services Inc. The assets, products and services, customers and people gainedfrom EnSource were key to the vision of a Company that can offer complete, turnkey natural gasand oil equipment and services anywhere in the world. As the year progressed, the integrationof these operations and the re-alignment of the management structure was reflected in improvedperformance.A series of key changes in management approach over the course of the year sent well-receivedsignals to customers about the Company’s re-energized entrepreneurial spirit. This began in May2003 with the return of John Aldred, Enerflex’s founder, as President and Chief Executive Officerand primary steward of the Company. The returning CEO emphasized a back-to-basics,Enerflex 2003 Annual Report17