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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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(6)
•••
Comment by Newinvestor5on Jan 23, 2020 10:04am
216 Views
Post# 30588300

RE:RE:Take over soon...

RE:RE:Take over soon...Definitely don't need to be a mathmatician.  I believesomeone mentioned this before on here.  Company with 222 market cap taking over a company with 303 market cap...not gonna happen.  Clarke is an investment firm.  They are buying trican the same reason we are IMO.  Hoping it will increase. at 39000000 shares clarke owns around 14 percent.  That hasn't changed in awhile.  

They acquired 29 million shares back in April 2019
https://www.newswire.ca/news-releases/clarke-inc-announces-investment-in-trican-well-service-ltd--809859104.html

And than a few more in Sept 2019 to 34,000,000
https://www.newswire.ca/news-releases/clarke-inc-announces-increased-investment-in-trican-well-service-ltd--870077965.html


Not sure if I'd call that Acquiring hand over fist or 2 transactions but again just my opinion


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