Trican Well Service Ltd T.TCW

Condy AECO starting to come alive

[HugeCrane]

Rig activity going to continue to increase. Day rates will continue to increase to help mitigate labour shortages. As I mentioned before Q3 was the turning point for Canadian OFS. Trican been off Canadian wage subsidies for almost 2 quarters now and posting profits.  Commodities showing life. Gonna be a fun ride when people start to realize OFS is gaining pricing power

[JohnSP]

We think alike, I've been moving from Canadian E&Ps to Canadian OFS starting Dec 30, been quite a ride in just 1 week! I wouldn;t be surprised if some first movers aren't already signing longer contracts with OFS to lock in lower prices and before not available due primarily to staff shortages. All my younger years were in Alberta, then went international, so excuse the question