Trican Well Service Ltd. Amends and Extends Revolving Credit Facility
Calgary, Alberta--(Newsfile Corp. - December 6, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to provide an update on its revolving credit facility ("RCF"). Trican has entered into an agreement with a syndicate of Canadian banks which amends and extends its RCF (the "Amended RCF"). The principal changes included in the Amended RCF are as follows: a two-year extension of the maturity date from December 5, 2022 to December 5, 2024; and improvements in...
2021-12-06 7:00 AM EST
Trican Well Service Ltd. Announces New Appointment to the Board of Directors
Calgary, Alberta--(Newsfile Corp. - November 29, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") announces that it has appointed Mr. Stuart O'Connor as a director, effective November 29, 2021. He will also serve as a member of the Audit Committee and the Safety, Human Resources and Compensation Committee. Mr. O'Connor is the Chair and Co-founder of Arcurve Inc., a full-service technology and software development company. He currently serves on the Board of the Calgary...
2021-11-29 7:21 PM EST
Trican Reports Third Quarter Results for 2021
Calgary, Alberta--(Newsfile Corp. - October 26, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce its third quarter results for 2021. The following news release should be read in conjunction with Management's Discussion and Analysis ("MD&A"), the unaudited interim consolidated financial statements and related notes of Trican for the three and nine months ended September 30, 2021, as well as the Annual Information Form ("AIF") for the year ended...
2021-10-26 7:39 PM EDT
Trican Well Service Ltd. Issues 2020 ESG Report
Calgary, Alberta--(Newsfile Corp. - October 19, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce the publication of its 2020 Environmental, Social and Governance ("ESG") Sustainability Report (the "ESG Report"). The ESG Report provides an outline of the Company's key ESG metrics, ongoing initiatives and areas of focus, and is available on Trican's website at www.tricanwellservice.com. Selected highlights of the 2020 ESG Report: 77% of our...
2021-10-19 6:12 PM EDT
Trican Well Service Ltd. Announces Renewal of Its Normal Course Issuer Bid
Calgary, Alberta--(Newsfile Corp. - October 1, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce the successful completion of its 2020-2021 normal course issuer bid ("NCIB") that was announced on September 30, 2020. Pursuant to the NCIB, Trican purchased and canceled 11,325,100 ("Common Shares"), which is 56% of the maximum allowable number the 2020-2021 NCIB, totaling 20,343,064 Common Shares for total consideration of $24.3 million at a weighted...
2021-10-01 7:00 AM EDT
Trican Well Service Ltd. Announces Third Quarter 2021 Conference Call
Calgary, Alberta--(Newsfile Corp. - September 27, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") intends to release its Third Quarter 2021 results on Tuesday, October 26, 2021 after the close of the market. The company will host a conference call on Wednesday, October 27, 2021 at 10:00 a.m. MT (12:00 p.m. ET) to discuss the Company's results for the 2021 Third Quarter. To listen to the webcast of the conference call, please enter the following URL in your web browser:...
2021-09-27 6:29 PM EDT
Trican Announces Build of Second Low Emissions Fracturing Fleet
Calgary, Alberta--(Newsfile Corp. - September 13, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce that it will expand its fleet of next generation, low emissions fracturing equipment by upgrading a second set of existing pumping equipment ("the fleet") with CAT Tier 4 dynamic gas blending ("DGB") engines. The conversion to Tier 4 DGB engines will provide industry leading reductions in emissions and lower fuel costs for our customers. The Company...
2021-09-13 6:00 PM EDT
Trican Reports Second Quarter Results for 2021
Calgary, Alberta--(Newsfile Corp. - July 27, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce its second quarter results for 2021. The following news release should be read in conjunction with Management's Discussion and Analysis ("MD&A"), the unaudited interim consolidated financial statements and related notes of Trican for the three and six months ended June 30, 2021, as well as the Annual Information Form for the year ended December 31, 2020....
2021-07-27 8:05 PM EDT
Trican Well Service Ltd. Announces Second Quarter 2021 Conference Call
Calgary, Alberta--(Newsfile Corp. - July 9, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") intends to release its Second Quarter 2021 results on Tuesday, July 27, 2021 after the close of the market. The company will host a conference call on Wednesday, July 28, 2021 at 10:00 a.m. MT (12:00 p.m. ET) to discuss the Company's results for the 2021 Second Quarter. To listen to the webcast of the conference call, please enter the following URL in your web browser:...
2021-07-09 1:05 PM EDT
Trican Announces Resignation of Michael Rapps from Its Board of Directors
Calgary, Alberta--(Newsfile Corp. - June 16, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") announces that Michael Rapps will resign as a member of the Board of Directors of Trican effective June 18, 2021 to focus on his role as Managing Partner of Converium Capital. Mr. Rapps has served as a member of the Board since May 2019, and is a member of the Audit Committee and the Human Resources and Compensation Committee. Bradley Fedora, President and CEO of Trican,...
2021-06-16 5:34 PM EDT
Trican Well Service Ltd. Announces Hiring of Chief Financial Officer
Calgary, Alberta--(Newsfile Corp. - May 17, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce that Scott Matson will join the Company as Chief Financial Officer ("CFO"), effective June 14, 2021. As Trican's CFO, Mr. Matson will be responsible for Trican's accounting, finance, treasury and corporate reporting functions as well as support for investor relations. Most recently, Mr. Matson spent 14 years with Horizon North Logistics Inc. ("Horizon...
2021-05-17 6:17 PM EDT
Trican Well Service Ltd. Announces the 2021 Annual and Special Meeting Results
Calgary, Alberta--(Newsfile Corp. - May 14, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") announces the final results from its 2021 annual and special meeting held on May 13, 2021 (the "Meeting"). The following six nominees were elected as directors of Trican to hold office until the next annual meeting of shareholders of Trican, or until their successors are elected or appointed: Nominee# Votes For
2021-05-14 7:00 AM EDT
Trican Reports First Quarter Results for 2021
Calgary, Alberta--(Newsfile Corp. - May 12, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce its first quarter results for 2021. The following news release should be read in conjunction with Management's Discussion and Analysis ("MD&A"), the unaudited interim consolidated financial statements and related notes of Trican for the three months ended March 31, 2021, as well as the Annual Information Form for the year ended December 31, 2020. All of...
2021-05-12 8:31 PM EDT
Trican Deploys Canada's First Low Emissions Fracturing Fleet
Calgary, Alberta--(Newsfile Corp. - April 19, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce that it will build and operate the first next generation, low emissions fracturing spread in Canada. As a fundamental component of our ESG strategy, Trican will upgrade our existing pumping equipment with CAT Tier 4 dynamic gas blending ("DGB") engines that will provide a leading-edge reduction in emissions and lower fuel costs for our industry. Once...
2021-04-19 7:00 AM EDT
Trican Well Service Ltd. Announces First Quarter 2021 Conference Call
Calgary, Alberta--(Newsfile Corp. - April 14, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") intends to release its First Quarter 2021 results on Wednesday, May 12, 2021 after the close of the market. The company will host a conference call on Thursday, May 13, 2021 at 10:00 a.m. MT (12:00 p.m. ET) to discuss the Company's results for the 2021 First Quarter. To listen to the webcast of the conference call, please enter the following URL in your web browser:...
2021-04-14 2:06 PM EDT
Trican Well Service Ltd. Reports Annual Results for 2020 and Announces New Appointments
Calgary, Alberta--(Newsfile Corp. - February 23, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce its annual results for 2020, the appointment of interim CFO and appointment of the Chairman of the Board. The following news release should be read in conjunction with Management's Discussion and Analysis ("MD&A"), the audited annual consolidated financial statements, related notes of Trican and the Annual Information Form for the year ended December...
2021-02-23 5:10 PM EST
Trican Well Service Ltd. Announces Fourth Quarter and Year-End 2020 Conference Call
Calgary, Alberta--(Newsfile Corp. - February 16, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") intends to release its Fourth Quarter and Year-End 2020 results on Tuesday, February 23, 2021 after the close of the market. The company will host a conference call on Wednesday, February 24, 2021 at 10:00 a.m. MT (12:00 p.m. ET) to discuss the Company's results for the 2020 Fourth Quarter and Year-End. To listen to the webcast of the conference call, please enter the...
2021-02-16 6:29 PM EST
Trican Announces Appointment of Michael McNulty to Its Board of Directors
Calgary, Alberta--(Newsfile Corp. - January 18, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce the appointment of Michael J. McNulty to its Board of Directors, effective January 18, 2021. Mr. McNulty will also serve as a member of the Audit Committee. Mr. McNulty is currently a Managing Partner at Pillar Four Capital. His distinguished career of over 40 years in the global energy services sector began at Schlumberger. Thereafter, he held...
2021-01-18 7:00 AM EST
Trican Well Service Ltd. Announces Resignation of CFO
Calgary, Alberta--(Newsfile Corp. - January 13, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") announced today that Robert Skilnick, Trican's Chief Financial Officer, has resigned in order to pursue another business opportunity. Mr. Skilnick plans to remain with the Company to complete the year-end financial reporting process and to provide for an orderly transition period, which is anticipated to be completed in March 2021. Brad Fedora, Trican's President and Chief...
2021-01-13 7:00 AM EST
Trican Announces Appointment of Thomas M. Alford to Its Board of Directors
Calgary, Alberta--(Newsfile Corp. - December 8, 2020) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce the appointment of Thomas M. Alford to its Board of Directors, effective December 8, 2020. Following the appointment of Mr. Alford, the Board will be comprised of six directors, five of whom are independent. Mr. Alford is currently the President of Well Servicing at Precision Drilling Corp. and brings a distinguished career of 40 years in the western...
2020-12-08 5:53 PM EST