Dalmac Energy Inc., Edmonton, Alberta, (Toronto Venture: DAL) plans to acquire S Young Oilfield Ltd., a company engaged in "hydro vac" operations in the Fox Creek, Alberta, region, for C$850,000. This acquisition is complementary to services offered by Dalmac subsidiary McClelland Oil Services Inc.

The purchase price will be paid through C$150,000 in cash on closing, C$124,000 in Dalmac shares and the assumption by Dalmac of approximately C$230,000 in debt, while the balance will be financed by the vendor during three years. The transaction was expected to close by the end of February.

Destiny Resource Services Corp., Calgary, (Toronto: DSC) has acquired Kodiak Nav Solutions Ltd., a provider of navigation, positioning and asset-management technology, for C$1.9 million, part in cash and the balance in 5.5 million Destiny shares.

Peak Energy Services Trust, Calgary, (Toronto: PES) has acquired certain operating assets of Alberta-based Sandman Rentals Inc. for C$660,000 cash. Sandman provides high-capacity, flow-back tanks and related transportation services in the shallow-gas fracturing and testing market in southern Alberta. Peak expects these assets will allow it to better meet the growing demand for this product line within this region.