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 LuckyLuchon Sep 07, 2017 10:57am

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Post# 26666198

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:If

You neglected to mention a large part of the story. Wilks bros put pressure on TCW to dump everything except Canada, largely payed debt debt down from 850M to almost zero net. Same opportunity is available to CFW if they play along.

Newinvestor5 wrote: I think Wilks are running the same play on Calfrac as they did on Trican. Started buying about a month ago when Calfrac was in the lower 2 dollar range. Will build to just under 20 percent, everyone will say "What does this mean?", "Is it a take over?", while they wait till Calfrac reaches 4.50 and then dump it all. Just my 2 cents thought.

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