Oilfield Services

Cordy Enters Into Line Of Credit Agreement

Cordy Oilfield Services Inc. has entered into a line of credit agreement with a private lender pursuant to which it may borrow up to an amount equal to 50 per cent of eligible receivables, on a revolving basis.

September 18, 2018, 12 AM MDT

Precision Adds Director

Precision Drilling Corporation added David Williams to its board of directors.

September 14, 2018, 3:01 AM MDT

Exports A Key Piece Of Canadian Oilfield Service Companies’ Survival Strategy

With upstream capital investment and field activity in Canada expected to remain flat, oilfield service companies need to look to export markets to soak up excess capacity and grow their businesses.

September 13, 2018, 10:46 AM MDT

Trinidad Urges Shareholders To Reject Ensign’s Hostile Bid

Trinidad Drilling Ltd. says Ensign Energy Services Inc.'s recent $974 million hostile bid for the company “significantly undervalues” Trinidad and is asking shareholders to reject the offer.

September 13, 2018, 8:54 AM MDT

AKITA,  Completes Acquisition Of Xtreme

AKITA Drilling Ltd. has completed the acquisition of Xtreme Drilling Corp., which was announced earlier this year.   

September 12, 2018, 3:43 AM MDT

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