FSI Energy Services Inc. announced earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, revenue was $184,112 compared to $398,605 for the corresponding period of last year. LBITDA was $626,723 against $812,331 of prior year period. Cash flow from operations was $2,682,051 or $0.08 per share against cash used in operations of $97,714 or 0.00 per share for the same period a year ago. Comprehensive income was $45,821 against comprehensive loss of $874,024 for the same period a year ago. For the year, revenue was $3,014,979 compared to $3,051,664 for the corresponding period of last year. LBITDA was $1,223,543 against $53,961 of prior year period. Cash flow from operations was $5,810,506 or $0.18 per share against cash used in operations of $181,795 or 0.00 per share for the same period a year ago. Comprehensive loss was $733,143 against $281,634 for the same period a year ago.

FSI Energy Group Inc. reported earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company reported net loss of $635,590 compared to net income of $461,181 and LBITDA of $576,142 compared to EBITDA of $519,793 for the last year. For the nine months, the company reported revenue of $2,830,867 compared to $2,653,056, LBITDA of $596,820 compared to EBITDA of $758,370 net loss of $778,964 compared to net income of $592,390 for the last year.

FSI Energy Group Inc. (FSI) has been awarded the contract for the manufacture, delivery and installation of a Brine Blending Plant valued at approximately $3 million. The contract is for a new client in Kazakhstan, and, upon completion, will be the twenty-fourth plant manufactured and installed by FSI. Production is scheduled for the fall of 2012, with delivery scheduled for first week in December and installation and commissioning expected in March of 2013.