The lights will stay onHighlights of Third quarter results are:
- 6 cents per share loss (improvement over prior quarters)
- increased utilization of modular
- extension of credit facility
- living within their means and diversification outside Alberta
Readling between the lines - the company is well positioned to keep the lights on while they wait for bigger projects to be announced.
Oil's recent run up may revive some mothballed expansion plans, and pipelines may get a shovel in the ground in 2018.
Cheers