Cordy Oilfield Services Inc. announced that its wholly owned subsidiary Cordy Environmental Inc. ("CEI") has entered into an asset purchase agreement dated March 10th, 2020 with Platinum North Resources Ltd. ("Platinum North") and Heart River Holdings (2011) Ltd. ("Heart River"), collectively the "Vendors", to purchase, for an aggregate purchase price of $4.25 million, subject to customary adjustments, all of the business, assets, property and equipment used in the Vendors' business operating in northern Alberta and northeastern British Columbia (the "Acquisition"). Cordy announced that the former president and CEO of the Vendors, Craig Heitrich, will be retained as a Vice President and Chief Operating Officer of Cordy.