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Western Energy Services Corp V.WRG


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

Energy Oil & Gas Drilling
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

Western Energy Services Corp
Bullboard Posts
User Avatar Image
(35)
•••
Post by kurtwalteron Sep 25, 2013 10:00am
305 Views
Post# 21765820

RBC

RBCTarget price 11.00

Western Energy Services Corp.

Rig #51 Tour & Updating Estimates Post Debt Financing

Our View: Our recent tour of WRG's Horizon drilling division rig #51 left us

with a number of positive impressions. Foremost amongst these is WRG's

ability to deliver a deep, high spec, Tier 1 style rig capable of competing

against WRG's larger drilling contractor peers in the growing Canadian

new build market for deep rigs.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities