Bri-Chem Corp T.BRY

Alternate Symbol(s): BRYFF

Industrials Industrial Distribution

Bri-Chem Corp. is a Canada-based independent wholesale supplier of drilling fluids and chemicals for the oil and gas industry operating from owned or leased warehouses located throughout Canada and the United States. It is engaged in the distribution and blending of oilfield drilling, completion, stimulation, and production of chemical fluids. The Company’s segments include Fluids Distribution Canada, Fluids Distribution USA, Fluids Blending & Packaging Canada, Fluids Blending & Packaging USA, and Other. Its business activity is to provide 24/7 coverage of oilfield chemicals in a variety of weights and clays, loss circulation materials and oil mud products to mud engineering companies who sell directly to drilling firms engaged by the oil and gas companies. Its subsidiaries include Bri-Chem Supply Ltd., Sodium Solutions Inc., Solution Blend Service Ltd., and Bri-Corp USA, Inc. Sodium Solutions Inc. is a fully integrated chemical supplier, toll blender, and packager.

TSX:BRY - Post by User

Bri-Chem Corp > Globe article

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Comment by nozzpackon Jun 25, 2021 1:13pm

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Post# 33451070

RE:RE:RE:RE:Globe article

Yes.
My apologies for such implied synergies.

Both are in the oil services area, Bry with exceptional revenues but some debt, and little cash, and TLA with cash and no debt but only modest revenues.

That was intended to be my main point.....modestly complementary in products and services but mutual benefits from an amalgamation.

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