Western Energy Services Corp V.WRG

Primary Symbol: T.WRG Alternate Symbol(s): WEEEF

Energy Oil & Gas Drilling

Western Energy Services Corp. (Western) is a Canada-based energy service company. The Company is focused on providing contract drilling services through its division, Horizon Drilling (Horizon) in Canada, and its wholly owned subsidiary, Stoneham Drilling Corporation (Stoneham) in the United States. Western provides well servicing and oilfield rental equipment services in Canada through its wholly owned subsidiary Western Production Services Corp. (Western Production Services). Western Production Services’ division, Eagle Well Servicing (Eagle) provides well servicing, and Aero Rental Services (Aero) provides oilfield rental equipment services. In Contract Drilling Services, the Company operates a fleet of approximately 42 drilling rigs specifically suited for drilling complex horizontal wells. In production services, the Company provides well servicing and oilfield equipment rentals primarily in Canada operates approximately 65 well servicing rigs.

TSX:WRG - Post by User

Western Energy Services Corp > Insider Ownership/Share Repurchase Program

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Comment by TradeTraceron Jan 08, 2020 4:46pm

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Post# 30532194

RE:RE:Insider Ownership/Share Repurchase Program

Notgnu wrote: Lol...I'll let you know when I take my seat on the board. Love buying this stuff at pennies on the dollar. Debt is not a problem here. Maturities are far away and they are obviously surviving quite well. Nobody going to be buying new equipment to put to work for a long time so at these prices it can only appreciate (yes, some companies will shut down or have gone bankrupt... but not this one)

The fun has only just begun.

I'm quite long with WRG as well, recently had a friend return to work with Western energy here in Alberta and he was hired relatively quickly

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