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 > earnings?

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Comment by TradeTraceron Apr 28, 2021 2:25pm

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Post# 33083961

RE:earnings?

Looking like they are cutting the debt down best they can. ($4 million over the quarter/$6.5 million over the year) They really have to start reworking that 2nd Lien Facility tho, now only 20 months away

I also noticed a little disruption in the board with Lorne Gartner having an eye catching 23.1 million shares voted against him, one can only speculate someone isn't too pleased with title/performance

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