Trican Well Service Ltd T.TCW

Alternate Symbol(s): TOLWF

Energy Oil & Gas Equipment & Services

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

Trican Well Service Ltd

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Comment by alta0264on Mar 22, 2017 3:10pm

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Post# 26015744

RE:Wtf

Bold move for TCW but can see their reasoning. Take a way a competitor and maybe can improve pricing somewhat. Also Canyon comes with minimal debt so no extra risk there. Dilutive for TCW shareholders and as a FRC shareholder I would have preferred cash. Everyone a little unhappy usually means not a bad deal so we will see. If this doesn't work heavily indebted CFW maybe the only big fracker left in western Canada. Shits gonna get real soon.

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