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.

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Western Energy Services Corp

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Post by Ferociousbearon May 13, 2022 10:31am

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Post# 34681346

Anything under 5 cents is a steal

There will be just over 4 billion shares outstanding but much improved balance sheet with debt being not a problem anymore. Fundementals in the industry are improving. The reason there is so much selling pressure is because rights are being exercised and some investors are selling for various reasons. It will be over 5 cents within a month or two.

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