Your Portal for Key Energy Information and Research

CWC Energy Services Corp.

Company Summary

Description

CWC Energy Services Corp. ("CWC") provides drilling rigs, service rigs, and coil tubing to established oil and gas producers in the Western Canadian Sedimentary Basin ("WCSB"). These oilfield service activities are necessary to complete newly drilled wells and to maintain ongoing servicing of producing wells. CWC's services are provided through 2 divisions: Contract Drilling and Production Services.

Website

http://www.cwcenergyservices.com/

Financial Data:


Tickers:

  • CWC - Vancouver Stock Exchange

Recent news

  • 10/30/2017 - C&J Energy Divesting... (subscriber access)
  • 6/3/2016 - Brookfield Capital... (subscriber access)

Company Transactions

Date: 11/10/2017
Type: Acquisition

BUYERS:
  • CWC Energy Services Corp.
    • SELLERS:
  • NexTier Oilfield Solutions
    • DETAILS:

    COST: 29.22 $MM

    NOTES:
    The deal includes 75 workover rigs, 13 swabbing rigs and six operating facilities in Western Canada.
    REGIONS:
  • Canada