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Trican Well Service Ltd T.TCW

Alternate Symbol(s):  TOLWF

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

Bullboard Posts
Post by jagsfan2on Feb 21, 2019 3:15pm
81 Views
Post# 29395965

Oil down a little but CdnOil discount increases.

Oil down a little but CdnOil discount increases.
This is a major weakness in pricing that Canadian producers have to face .
AS oil price rises, Cdn oil will get close to top $$$/barrle; but as the price drops they will have to take what US consumers will pay & that will increase the discount to painful levels.

It may nor cure all of that problem but as i've posted before, Energy East pipeline was a better way to go than shipping oil out through Vancouver Harbour, which has spolitical as well as environmental problems that are not yet solved.
Bullboard Posts