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Western Energy Services Corp V.WRG


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

Western Energy Services Corp. is a Canada-based energy services company that provides contract drilling services in Canada and in the United States and production services in Canada through its various divisions, its subsidiary, and its first nations relationships. The Company's services include Horizon Drilling, Stoneham Drilling, Eagle Well Servicing and Aero Rental Services. Its contract drilling business includes drilling rigs along with related ancillary equipment. Its production services business includes well servicing rigs and related equipment, as well as rental equipment. It markets a fleet of approximately 41 drilling rigs specifically suited for drilling complex horizontal wells across Canada and the United States. The Company operates around 63 well servicing rigs. Its drilling rigs can include features such as AC power, top drive, dual fuel, automated pipe handling, automated catwalk, hydraulic substructure levelling, hydraulic BOP handling and Range III tubulars.


TSX:WRG - Post by User

Post by barnaby77on Sep 26, 2008 1:51pm
447 Views
Post# 15487228

Re share price

Re share price Good question'' why did the trading symbol change ? It looks like they couldn't meet their debt obligation and I guess we get to wait another three months to see what the next dumb move will be. Why were they so quick to consolidate with no good news to deliver, just more signs of trouble with that credit extension. As far as the crooked part goes it is quite self explanatory. If it wasn't some kind of old boy's club there would have been an entire house cleaning long ago before the stock became worthless as it is today.
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