PHX Energy Services Corp. generated consolidated revenue of $155.6 million in Q2 2023, the highest level of second quarter revenue on record and the third highest level of quarterly revenue in its history despite the second quarter being typically slow in Canada due to spring breakup.
August 9, 2023, 12 AM MDT
AKITA Drilling Ltd.’s net income increased to $6.18 million in the second quarter of 2023 from a loss of $4.25 million during the same period of 2022.
August 8, 2023, 12 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 4, 2023 as reported this morning by Rig Locator.
August 4, 2023, 11:33 AM MDT
The U.S. rig count is down five from last week to 659 with oil rigs down four to 525, gas rigs unchanged at 128 and miscellaneous rigs down one to six.
August 4, 2023, 11:12 AM MDT
Wolverine Energy and Infrastructure Inc. appointed Jesse Douglas as a member of the audit committee.
August 4, 2023, 5:01 AM MDT
Trican Well Service Ltd.’s second quarter unfolded as expected by the C-suite, with revenues at $168.2 million, a 10.2 per cent increase compared with the same period a year ago.
August 3, 2023, 8:51 AM MDT
Canadian activity levels are expected to hold steady through the second half of the year, according to STEP Energy Services Ltd.
August 3, 2023, 9:15 AM MDT
The Federal Court of Appeal has dismissed a petition by SECURE Energy Services Inc., upholding the Competition Bureau's successful challenge of the merger of two rival suppliers of oilfield waste services.
August 2, 2023, 2:44 PM MDT
Members of the Canadian Association of Energy Contractors (CAOEC) recorded 10,623 operating days in the second quarter of 2023 in Western and Northern Canada, up from 10,104 a year ago.
August 1, 2023, 12 AM MDT
The overall 2023 active rate in Western Canada is tracking to a similar clip as 2022.
August 1, 2023, 12 AM MDT
Total revenues for NCS Multistage Holdings, Inc. were $25.4 million for the quarter ended June 30, 2023, which was a decrease of eight per cent compared to the second quarter of 2022.
August 1, 2023, 12 AM MDT
August 1, 2023, 10:17 AM MDT
Precision Drilling Corporation’s CEO Kevin Neveu said Canada’s oil and gas drilling sector has been transformed in recent years, with the company’s second quarter results reflecting this.
July 31, 2023, 10:27 AM MDT
Demand for Precision Drilling Corporation’s rigs in Canada was higher than expected in the second quarter, and margin increases in the U.S. and Canada followed.
July 28, 2023, 1:17 PM MDT
Wildfires influenced operational results for SECURE Energy Services Inc. in the second quarter of this year.
July 28, 2023, 12 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of July 28, 2023 as reported this morning by Rig Locator.
July 28, 2023, 11:18 AM MDT
The U.S. rig count is down five from last week to 664, with oil rigs down one to 529, gas rigs down three to 128 and miscellaneous rigs down one to seven.
July 28, 2023, 11:09 AM MDT
Stampede Drilling Inc. revenue was $13.24 million, up 59 per cent compared to the corresponding 2022 period.
July 28, 2023, 12 AM MDT
CWC Energy Services Corp. reported quarterly revenue of $34.5 million, a decrease of $8.2 million compared to a record $42.7 million in Q2 2022.
July 28, 2023, 12 AM MDT
FLINT Corp. revenue for the three months ended June 30, 2023 was $168.6 million, representing a decrease of $4.6 million or 2.7 per cent from the same period in 2022 and an increase of $18.1 million or 12.0 per cent from the first quarter of 2023.
July 28, 2023, 12 AM MDT
FLINT Corp. has appointed Jennifer Stubbs as chief financial officer effective July 28, 2023.
July 28, 2023, 8:19 AM MDT
Precision Drilling Corporation’s Canadian fleet is in high demand with 58 rigs running, including all of its Super Triples and pad capable Super Singles.
July 27, 2023, 4:56 AM MDT
Yangarra Resources Ltd. drilled six wells and completed five wells during the quarter.
July 27, 2023, 5:07 AM MDT
July 27, 2023, 12 AM MDT
North American Construction Group Ltd. has entered into a definitive purchase and sale agreement to acquire MacKellar Group for an estimated $395 million.
July 26, 2023, 3:55 PM MDT
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