Trican Well Service Ltd. Amends and Extends Revolving Credit Facility
Calgary, Alberta--(Newsfile Corp. - November 30, 2020) - 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 one-year extension of the maturity date from December 5, 2021 to December 5, 2022. A nominal increase in the...
2020-11-30 5:00 PM EST
Trican Reports Third Quarter Results for 2020
Calgary, Alberta--(Newsfile Corp. - November 6, 2020) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce its third quarter results for 2020. 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, 2020, as well as the Annual Information Form for the year ended December...
2020-11-06 7:00 AM EST
Trican Well Service Ltd. Announces Third Quarter 2020 Conference Call
Calgary, Alberta--(Newsfile Corp. - October 19, 2020) - Trican Well Service Ltd. (TSX: TCW) ("Trican") intends to release its Third Quarter 2020 results on Friday, November 6, 2020 before the opening of the market. The Company will host a conference call on Friday, November 6, 2020 at 10:00 a.m. MT (12:00 p.m. ET) to discuss the Company's results for the 2020 Third Quarter. To listen to the webcast of the conference call, please enter the following URL in your web browser:...
2020-10-19 4:20 PM EDT
Trican Well Service Ltd. Announces Renewal of its Normal Course Issuer Bid
Calgary, Alberta--(Newsfile Corp. - October 1, 2020) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce the successful completion of its 2019-2020 normal course issuer bid ("NCIB") that was announced on September 30, 2019. Pursuant to the NCIB, Trican purchased 100% of the maximum allowable number of common shares ("Common Shares") of the Company under the bid, totaling 24,753,435 Common Shares for total consideration of $24.6 million at a weighted...
2020-10-01 7:30 AM EDT
Trican Well Service Ltd. Announces Changes to Executive Management
Calgary, Alberta--(Newsfile Corp. - September 15, 2020) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce that Todd G. Thue has joined Trican in the capacity of Chief Operating Officer. Todd brings more than 30 years of experience in the Canadian well service industry. He previously worked at Canyon Technical Services Ltd ("Canyon"), where he began his career in logistics management and, ultimately, assumed the role of Chief Operating Officer. He played...
2020-09-15 7:30 AM EDT
Trican Reports Second Quarter Results for 2020
Calgary, Alberta--(Newsfile Corp. - July 31, 2020) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce its second quarter results for 2020. 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, 2020, as well as the Annual Information Form for the year ended December 31, 2019....
2020-07-31 7:00 AM EDT
Trican Well Service Ltd. Announces Dale M. Dusterhoft to Step down and the Appointment of Bradley P.D. Fedora as Chief Executive Officer
Calgary, Alberta--(Newsfile Corp. - July 23, 2020) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") announces that Dale M. Dusterhoft will step down as President, Chief Executive Officer and Director of the Corporation and that the Board of Directors has appointed Bradley P.D. Fedora President and Chief Executive Officer. Mr. Dusterhoft will continue in his current position and assist with this leadership transition, with Mr. Fedora's appointment becoming effective September...
2020-07-23 12:00 AM EDT
Trican Well Service Ltd. Announces Second Quarter 2020 Conference Call
Calgary, Alberta--(Newsfile Corp. - July 7, 2020) - Trican Well Service Ltd. (TSX: TCW) ("Trican") intends to release its Second Quarter 2020 results on Friday, July 31, 2020 before the opening of the market. The Company will host a conference call on Friday, July 31, 2020 at 9:00 a.m. MT (11:00 a.m. ET) to discuss the Company's results for the 2020 Second Quarter. To listen to the webcast of the conference call, please enter the following URL in your web browser:...
2020-07-07 10:09 AM EDT
Trican Well Service Ltd. Announces the 2020 Annual Meeting Results
Calgary, Alberta--(Newsfile Corp. - May 15, 2020) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") announces the final results from its 2020 annual meeting held on May 14, 2020 (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
2020-05-15 1:24 PM EDT
Trican Reports First Quarter Results for 2020
Calgary, Alberta--(Newsfile Corp. - May 14, 2020) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce its first quarter results for 2020. The following news release should be read in conjunction with Management's Discussion and Analysis, the unaudited interim consolidated financial statements and related notes of Trican for the three months ended March 31, 2020, as well as the Annual Information Form for the year ended December 31, 2019. All of the above...
2020-05-14 6:55 AM EDT
Trican Well Service Ltd. Announces First Quarter 2020 Conference Call
Calgary, Alberta--(Newsfile Corp. - April 14, 2020) - Trican Well Service Ltd. (TSX: TCW) ("Trican") intends to release its First Quarter 2020 results on Thursday, May 14, 2020 before the opening of the market. The Company will host a conference call on Thursday, May 14, 2020 at 10:00 a.m. MT (12:00 p.m. ET) to discuss the Company's results for the 2020 First Quarter. To listen to the webcast of the conference call, please enter the following URL in your web browser:...
2020-04-14 11:32 AM EDT
Trican Well Service Ltd. Provides a Business Update in Response to Current Market Uncertainty
Calgary, Alberta--(Newsfile Corp. - April 6, 2020) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is providing a business update. We have reduced capital and operating expenditures. We are reducing the Company's 2020 full-year outlook. We are also providing an update on first quarter results, including our current financial position and describing the potential effect of the current market uncertainty on non-cash accounting items. As concerns around COVID-19 have...
2020-04-06 8:00 AM EDT
Trican Well Service Ltd. Reports Annual Results for 2019
Calgary, Alberta--(Newsfile Corp. - February 27, 2020) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce its annual results for 2019. The following news release should be read in conjunction with Management's Discussion and Analysis, the audited annual consolidated financial statements and related notes of Trican for the year-ended December 31, 2019, as well as the Annual Information Form for the year ended December 31, 2018. All of the above documents...
2020-02-27 8:45 AM EST
Trican Well Service Ltd. Announces Fourth Quarter and Year End 2019 Conference Call
Calgary, Alberta--(Newsfile Corp. - January 20, 2020) - Trican Well Service Ltd. (TSX: TCW) ("Trican") intends to release its Fourth Quarter and Year-End 2019 results on Thursday, February 27, 2020 before the opening of the market. The Company will host a conference call on Thursday, February 27, 2020 at 9:00 a.m. MT (11:00 a.m. ET) to discuss the Company's results for the 2019 Fourth Quarter and Year-End. To listen to the webcast of the conference call, please enter the following URL in your...
2020-01-20 5:24 PM EST
Trican Announces Closing of Sale of Its Water Management Business
Calgary, Alberta--(Newsfile Corp. - January 15, 2020) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce that it has closed the previously announced sale of the assets and business of Fraction Energy Services Ltd. ("Fraction"), a wholly owned subsidiary of Trican (the "Transaction") to Green Energy Services Inc. (collectively, the "Purchaser" or "Green") for consideration of $17.6 million, of which $4 million has been paid by way of a secured vendor...
2020-01-15 4:17 PM EST
Trican Well Service Ltd. Announces Retirement of Alex Pourbaix
Calgary, Alberta--(Newsfile Corp. - December 16, 2019) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") announced today that Mr. Alexander J. Pourbaix will retire as a member of the Board of Directors on December 31, 2019 to focus on his role as President and Chief Executive Officer of Cenovus Energy Inc., as well as his other commitments as Board Chair at Mount Royal University and incoming Board Ch
2019-12-16 7:30 AM EST
Trican Reports Third Quarter Results for 2019
Calgary, Alberta--(Newsfile Corp. - November 7, 2019) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce its third quarter results for 2019. The following news release should be read in conjunction with Management's Discussion and Analysis, the unaudited interim consolidated financial statements and related notes of
2019-11-07 7:05 AM EST
Trican Well Service Ltd. Announces Sale of Its Water Management Business for $17.6 Million
Calgary, Alberta--(Newsfile Corp. - November 7, 2019) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce that it has entered into a definitive agreement with an investor group led by Green Energy Services Inc and in partnership with Uujo Developments LP. (a Doig River First Nation Company), (collectively, the "Purchaser" or "Green") for the sale of all material assets and business of Fraction Energy Services Ltd. ("Fraction"), a wholly owned subsidiary of...
2019-11-07 7:00 AM EST
Trican Well Service Ltd. Announces Third Quarter 2019 Conference Call
Calgary, Alberta--(Newsfile Corp. - October 8, 2019) - Trican Well Service Ltd. (TSX: TCW) ("Trican") intends to release its Third Quarter 2019 results on Thursday, November 7, 2019 before the opening of the market. The Company will host a conference call on Thursday, November 7, 2019 at 10:00 a.m. MT (12:00 p.m. ET) to discuss the Company's results for the 2019 Third Quarter. To listen to the webcast of the conference call, please enter the following URL in your web browser:...
2019-10-08 11:54 AM EDT
Trican Well Service Ltd. Announces Renewal of its Normal Course Issuer Bid
Calgary, Alberta--(Newsfile Corp. - September 30, 2019) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce the successful completion of its 2018-2019 normal course issuer bid ("NCIB") that was announced on October 1, 2018. Pursuant to the 2018-2019 NCIB, Trican purchased and cancelled the maximum allowable number of common shares ("Common Shares") of the Company under the NCIB, totaling 30,923,345 Common Shares for total consideration of $45.4 million at...
2019-09-30 8:00 AM EDT