Western Energy Services Corp V.WRG

Primary Symbol: T.WRG Alternate Symbol(s): WEEEF

Energy Oil & Gas Drilling

Western Energy Services Corp. is a Canada-based energy services company that provides contract drilling services in Canada and in the United States and production services in Canada through its various divisions, its subsidiary, and its first nations relationships. The Company's services include Horizon Drilling, Stoneham Drilling, Eagle Well Servicing and Aero Rental Services. Its contract drilling business includes drilling rigs along with related ancillary equipment. Its production services business includes well servicing rigs and related equipment, as well as rental equipment. It markets a fleet of approximately 41 drilling rigs specifically suited for drilling complex horizontal wells across Canada and the United States. The Company operates around 63 well servicing rigs. Its drilling rigs can include features such as AC power, top drive, dual fuel, automated pipe handling, automated catwalk, hydraulic substructure levelling, hydraulic BOP handling and Range III tubulars.

TSX:WRG - Post by User

Western Energy Services Corp

Bullboard Posts

Comment by Snowhouseon Aug 14, 2018 5:14pm

82 Views

Post# 28460121

RE:RE:RE:RE:RE:RE:RE:One word: Bankruptcy

This is nothing more than a manipulation. Seems like the same person with different accounts is selling and buying. I bet only 20k - 30k shares would drive the SP above $1 whenever the MMs are convinced to move the SP.
It's a great time now to accumulate in this range. I do not see anything like BK here. Many of O&G related stocks are trading at multi-year lows or Lifetime lows. Doesn't mean all of them going BK. It is just a cycle. This will pass and an uptrend will resume at some point soon.