August 17, 2017, 11:31 AM MDT
Results for the second quarter of 2017 demonstrate both the successes of its expansion and diversification strategy and focus of management for the future, says Hyduke Energy Services Inc.
August 16, 2017, 8:26 AM MDT
Acknowledging that recently-rising activity has been good for the industry, High Arctic Energy Services Inc. said in a second-quarter report that shortages of skilled labour are nonetheless starting to impair the industry’s ability to respond to increased activity.
August 14, 2017, 10:42 AM MDT
Cathedral Energy Services Ltd.’s second quarter revenues increased 135 per cent to $34.36 million from $14.62 million, while funds flow from operations and earnings were also up year-over-year.
August 14, 2017, 10:02 AM MDT
Canada segment revenue in the second quarter of 2017 was $100.3 million for Enerflex Ltd., an increase of $42.2 million or 72.6 per cent from $58.1 million recorded in the same period of 2016, primarily as a result of Engineered Systems.
August 14, 2017, 3:40 AM MDT
Trican Well Services Ltd. faces two primary challenges in the back half of 2017 regarding its integration with Canyon Services Group Inc. — personnel optimization and minimizing cost inflation.
August 11, 2017, 11:58 AM MDT
Acquiring Savanna Energy Services Corp. earlier this year led to sharply-higher revenue for Total Energy Services Inc. in the second quarter and year to date, the company reported today.
August 11, 2017, 11:26 AM MDT
CES Energy Solutions Corp. revenue surged in the second quarter, and recently, it closed on buying land in Grande Prairie and intends to build rail, a world-class tank and blending farm and warehousing for its PureChem segment.
August 11, 2017, 10:38 AM MDT
Inter Pipeline Ltd.’s oilsands transportation segment demonstrated strong results in the second quarter of 2017 with higher cash flow for the segment buoyed by an increase in throughput of approximately 11 per cent across its three pipeline systems.
August 11, 2017, 8:33 AM MDT
Responding to stronger field activity, Essential Energy Services Ltd. has hiked its 2017 capital budget 43.8 per cent to $23 million, management said in releasing second-quarter results this week.
August 10, 2017, 11:26 AM MDT
Strad Energy Services Ltd. attributes increased demand for its services in Q2 2017 to higher average rig counts of 298 in the quarter, compared to 158 during the same period last year.
August 10, 2017, 9:20 AM MDT
Pason Systems Inc. generated consolidated revenue of $55.8 million in the second quarter of 2017, an increase of 105 per cent from the same period in 2016.
August 10, 2017, 12 AM MDT
Based on current demand, Ensign Energy Services Inc. is expecting no significant movement in drilling rig day rates in Canada for the rest of the year, company executives said on Tuesday.
August 9, 2017, 9:43 AM MDT
August 9, 2017, 5:41 AM MDT
Weathering cancellation of an earth-moving contract in the second quarter, heavy construction and hauling firm North American Energy Partners Inc. nonetheless doubled revenue in the period, management said this week.
August 8, 2017, 12 AM MDT
Source Energy Services Ltd. substantially increased its sand volumes during Q2 2017 — the quarter in which the company priced its initial public offering.
August 4, 2017, 8:49 AM MDT
Reflecting greater activity levels across all of its operating segments, PHX Energy generated higher revenue and reduced losses in both the second quarter and first half of 2017.
August 4, 2017, 10:48 AM MDT
As it rolls out a new, high-spec drilling rigs, Xtreme Drilling Corp. is putting eight other, lower-spec rigs up for sale, leaving the company with 10 available rigs in the North American market.
August 4, 2017, 11:32 AM MDT
Construction will begin this summer on spreads in Alberta, Saskatchewan and Wisconsin for Enbridge Inc.’s Line 3 replacement project, which is expected to come into service in the second half of 2019, says the company.
August 3, 2017, 11:18 AM MDT
Alliance Pipeline anticipates launching a binding open season for a potential 500 mmcf per day capacity expansion through additional compression by the first half of 2018, with a target in-service date in late 2020, says Veresen Inc.
August 3, 2017, 12 AM MDT
In Q2 2017, CWC Energy Services Corp. continued to experience strong utilization despite renewed uncertainty of future crude oil and natural gas prices.
August 3, 2017, 12 AM MDT
A busier drilling climate on both sides of the Canada-U.S. border drove increased activity for Trinidad Drilling Ltd. in the second quarter and first half, the company said today.
August 2, 2017, 11:21 AM MDT
“Skill and luck” are the reasons why Pembina Pipeline Corporation has largely invested in growth areas such as the Montney and Duvernay, and why the company is currently less invested in the oilsands, says top brass.
August 2, 2017, 11:06 AM MDT
Gibson Energy Inc. says it plans to sell off its United States environmental services business by the end of the fiscal year as it focuses on infrastructure assets, including continued crude oil infrastructure investment.
August 2, 2017, 7:46 AM MDT
Secure Energy Services Inc. completed of the acquisition of Ceiba Energy Services Inc.
August 2, 2017, 12 AM MDT