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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

Bullboard Posts
Comment by theorlandoon Mar 24, 2015 3:23pm
165 Views
Post# 23556272

RE:RE:RE:RE:RE:Volume

RE:RE:RE:RE:RE:VolumeAs at February 28, 2015, there were 148,918,046 Common Shares issued and outstanding. The number of Common Shares which may be purchased during the period of the Bid will not exceed 9,957,504 Common Shares, which is approximately 10% of the public float for the Common Shares. The public float for the Company's Common Shares as at February 28, 2015 was 99,575,036. Except as permitted under the TSX rules, the Company will not purchase on any given trading day under the Bid more than 230,396 Common Shares, being 25% of the average daily trading volume of the Common Shares on the TSX for the previous six calendar months of 921,587 Common Shares. 736,899 Common Shares were purchased pursuant to Trican's most recent normal course issuer bid, which expired on March 12, 2015. Trican has engaged TD Securities Inc. as its broker for the purpose of effecting purchases under the Bid. All purchases under the Bid will be at the discretion of Trican, subject to the rules of the TSX.
Bullboard Posts