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 > Nice WRG price recovery on the TSX

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Comment by TradeTraceron Oct 27, 2020 3:39pm

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Post# 31789954

RE:RE:RE:RE:Nice WRG price recovery on the TSX

Hey Notgnu,

Did you talk to IR? I read through the 3rd qtr earnings results and there was nothing there in relation to share purchases or insider ownership... (Just expired warrants and the ceasing of their buyback back in May)
The only thing I could think of is perhaps Sime Armoyan purchased the shares off AIMCO as an interest payment/secure the 2nd lien credit facility that is owed? That's just speculation but it's been a couple of weeks and there's been no news to suggest otherwise

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle