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Trican Well Service Ltd T.TCW

Alternate Symbol(s):  TOLWF

Trican Well Service Ltd. is a Canada-based oilfield services company. The Company supplies oil and natural gas well servicing equipment and solutions to its customers through the drilling, completion and production cycles. Its services include hydraulic fracturing, cementing, acidizing, coiled tubing and technical solutions. Its cementing solutions combine equipment, quality cement blends and ongoing research and development. Cementing solutions include pre-flushes and spacers, surface cementing, intermediate cementing, liner cementing, cement plugs and others. The coiled tubing includes milling, coiled tubing fracturing, E-Coil and others. It provides equipment, engineering support, reservoir expertise and laboratory services through the delivery of hydraulic fracturing, cementing, coiled tubing, nitrogen services and chemical sales for the oil and gas industry in Western Canada. Its milling services include fracturing plugs, fracturing ports, stage tool/debris sub and others.


TSX:TCW - Post by User

Comment by barneyj44on Jan 27, 2021 12:44pm
151 Views
Post# 32399853

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Raymond James. C$2.30 PT

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Raymond James. C$2.30 PT
Anyone interested check out the Trican Presentation instead of Fud our resident short spews:
https://www.tricanwellservice.com/investors

Existing idle equipment provides opportunity for incremental returns upon a market recovery
 
• Substantial leverage on existing infrastructure and fixed cost structure upon recovery
 
• Assets are well-maintained and not scavenged
• Can be activated by adding staff with little capital
• Approximately 8 fracturing fleets parked
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