The impact of lower activity levels for AKITA Drilling Ltd. in Canada in the second quarter of 2018 compared to the previous year was offset somewhat by increased day rates in Canada as well as higher utilization in the United States, said the company.
July 31, 2018, 6 AM MDT
Western Energy Services Corp. continues to work with its customers to further increase pricing to more sustainable levels that can better support reinvestment in the business, says the company’s chief executive.
July 27, 2018, 11:40 AM MDT
Mullen Group Ltd. has approved a capital budget increase of $20 million, increasing to $60 million from $40 million — a direct result of recent positive announcements regarding the oil and natural gas sector along with some accretive investment opportunities within the Oilfield Services (OFS) segment.
July 27, 2018, 11:11 AM MDT
Husky Energy Inc. today announced a dividend increase as it reported a $448 million profit for the second quarter, reflecting improved oil prices and the benefits of upstream and downstream integration.
July 26, 2018, 10:23 AM MDT
Precision Drilling Corporation reported higher revenues due to improved activity levels and higher day rates in the second quarter of 2018 compared to a year earlier.
July 26, 2018, 9:43 AM MDT
Calfrac Well Services Ltd. boasted record second-quarter revenue and operating income as activity picked up in Canada and the United States.
July 25, 2018, 11:48 AM MDT
May 30, 2018, 6 AM MDT
Following two consecutive quarters of improved operational and financial performance, Calgary-based DIVERGENT Energy Services Corp. says it has begun active sales in Colorado.
May 30, 2018, 10:15 AM MDT
Strad Energy Services Ltd.’s first quarter consolidated revenue increased three per cent to $28.36 million compared to $27.77 million for the same period in 2017, but Canadian revenue was down nine per cent.
May 15, 2018, 6 AM MDT
Tidewater Midstream and Infrastructure Ltd. is forecasting lower processing and transportation volumes through the second and third quarters of 2018 before returning to historical levels in the fourth quarter as producers curtail natural gas production in response to low AECO prices.
May 14, 2018, 9:31 AM MDT
Total Energy Services Inc.’s first quarter results improved significantly compared to the first quarter of 2017 due to the increased size and scale of operations following the acquisition of Savanna Energy Services Corp. in the second quarter of 2017.
May 11, 2018, 10:18 AM MDT
Revenue for Essential Energy Services Ltd. $60.1 million, a seven per cent increase compared to the first quarter 2017, with strong activity experienced by Essential Coil Well Service (ECWS) and Tryton.
May 11, 2018, 6:55 AM MDT
Revenue for the three months ended March 31, 2018 for CES Energy Solutions Corp. of $300.3 million is the highest revenue quarter in the company’s history exceeding the previous record quarter which was Q4 2017 with $278.8 million.
May 11, 2018, 7:06 AM MDT
May 10, 2018, 11:01 AM MDT
Trican Well Service Ltd. reported a 105 per cent increase in consolidated revenues in the first quarter of 2018 compared with the previous year, driven largely its recent acquisition of former competitor Canyon Technical Services and an increase in fracturing intensity in oil and liquids rich plays.
May 10, 2018, 10 AM MDT
Additional processing capacity will be added to Keyera Corp.’s Simonette gas plant which continues to achieve record processing volumes, the company’s annual meeting heard Tuesday.
May 9, 2018, 4:01 AM MDT
Calgary-based midstream company Gibson Energy Inc. is beginning to see the benefits of its shift from a diversified trucking and environmental and seismic services company to a domestic pipeline and storage-focused operator.
May 9, 2018, 11:18 AM MDT
Trinidad Drilling Ltd.’s first quarter revenue increased by 15.5 per cent compared to 2017, due to higher dayrates and higher activity levels in the company’s U.S. drilling division while Canadian revenue decreased due to lower early termination and standby revenue.
May 8, 2018, 10:19 AM MDT
Inter Pipeline Ltd.’s propane-based petrochemical project currently under construction northeast of Edmonton “truly is a transformational growth opportunity for the company,” its chief executive said Monday.
May 8, 2018, 9:08 AM MDT
In both Canada and the U.S., Cathedral Energy Services Ltd. was impacted by increasing equipment repair expenses.
May 8, 2018, 7:33 AM MDT
STEP Energy Services Ltd. generated consolidated Q1 revenue of $187.6 million compared to $118 million during the same period of 2017.
May 8, 2018, 7:49 AM MDT
Total revenue, comprised exclusively of data library sales in both periods, was $2.3 million for the three months ended March 31, 2018 for Pulse Seismic Inc. compared to $2.7 million for the three months ended March 31, 2017.
May 8, 2018, 8:05 AM MDT
Revenue for Enerflex Ltd. increased 31 per cent in Q1 2018 to $385.8 million.
May 8, 2018, 10:40 AM MDT
CWC Energy Services Corp. reported first quarter revenue of $48.9 million, an increase of $16.4 million compared to $32.5 million in the same period last year.
May 8, 2018, 11:15 AM MDT
Ensign Energy Services Inc. reported an increase in U.S. revenue in the first quarter compared to a year ago, while Canadian and international revenues declined year-over-year.
May 7, 2018, 10:37 AM MDT