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Calfrac Well Services Ltd T.CFW

Alternate Symbol(s):  CFWFF

Calfrac Well Services Ltd. is an independent provider of specialized oilfield services in North America and Argentina, including hydraulic fracturing, coiled tubing, cementing and other well stimulation services. Its North America segment provides fracturing services to oil and natural gas companies operating in the Williston Basin located in North Dakota and the broader Rockies region. Its Argentinean segment provides fracturing, coiled tubing and cementing services to oil and natural gas companies operating in the Neuquen, Las Heras, and Comodoro Rivadavia regions. It provides solutions for fresh and high TDS brine applications, support for high viscosity friction reducer fracture fluid systems, along with all traditional industry applications of gel based, crosslink and energized fracturing needs. Its coiled tubing service line offers capability in coiled tubing completions and interventions. It offers primary and remedial cementing services in a variety of wells.


TSX:CFW - Post by User

Bullboard Posts
Comment by LuckyLuchon Jun 27, 2017 1:10pm
241 Views
Post# 26409442

RE:RE:RE:thoughts?

RE:RE:RE:thoughts?
Main issue is Mattson has founders diesease.  He refuses to break up the baby which he founded, nurtured and grew from scratch despite 1B in debt.  Smart move would have been to go the Trican path and at least sell off the USA assets several months back and/or other overseas assets.  CFW is a 1/4 the size of the merged TCW/FRC, very sad...they were out manuevered by Trican.



<Who is calfrac going to merge with or take over will they follow in the footsteps of trican ?>
Bullboard Posts