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Calfrac Well Services Ltd. (T:CFW)

Business Focus: Oil Related Services

Nov 22, 2022 05:00 am ET
Calfrac Announces Early Conversion Incentive Program for its Outstanding 1.5 Lien Notes and Provides Fourth-Quarter Operational Update
CALGARY, AB, Nov. 22, 2022 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX: CFW) is pleased to announce a conversion incentive program (the "Program") designed to encourage the early conversion of up to all of the $47,440,000 principal amount of outstanding 10.0% 1.5 Lien Senior Secured Convertible PIK Notes issued by the Company (the "Notes"). The Notes are currently convertible into common shares of the Company ("Common Shares") at a conversion price of $1.3325 per Common Share.  The closing price of the Common Shares on the Toronto Stock Exchange on November 21, 2022,
Nov 02, 2022 06:00 am ET
Calfrac Reports $91 Million of Adjusted EBITDA With Best Margin Percentage Since 2012
CALGARY, AB, Nov. 2, 2022 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX: CFW) announces its financial and operating results for the three and nine months ended September 30, 2022. The following press release should be read in conjunction with the management's discussion and analysis and unaudited consolidated interim financial statements and notes thereto as at September 30, 2022. Readers should also refer to the "Forward-looking statements" legal advisory and the section regarding "Non-GAAP Measures" at the end of this press release. All financial amounts and measures
Sep 29, 2022 04:30 pm ET
Calfrac Announces Extension of Credit Facilities
CALGARY, AB, Sept. 29, 2022 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX: CFW) is pleased to announce that it has entered into an amended and restated credit agreement with its syndicate of Canadian financial institutions which includes an extension of the maturity date of the Company's $250.0 million Credit Facilities by one-year to July 1, 2024.
Sep 28, 2022 06:00 am ET
Calfrac Well Services Ltd. Third Quarter 2022 Earnings Release and Conference Call
CALGARY, AB, Sept. 28, 2022 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its Third Quarter 2022 results before markets open on Wednesday, November 2, 2022, and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day. If you wish to participate in the conference call, please call (888) 664-6383 or (416) 764-8650 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call. Calfrac's management team will be available to answer questions on the call. A webcast of the conference call may be
Sep 13, 2022 06:00 am ET
Calfrac Provides Operational and Financial Update for Third Quarter of 2022
CALGARY, AB, Sept. 13, 2022 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX: CFW) is pleased to provide an operational and financial update for the third quarter of 2022 for its continuing operations in the United States, Canada, and Argentina.
Jul 28, 2022 06:00 am ET
Calfrac Announces Second Quarter Results
CALGARY, AB, July 28, 2022 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX: CFW) announces its financial and operating results for the three and six months ended June 30, 2022.
Jun 28, 2022 06:00 am ET
CALFRAC ANNOUNCES REPAYMENT OF BRIDGE LOAN
CALGARY, AB, June 28, 2022 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) announces the repayment and cancellation yesterday of the Company's $25.0 million 8.00% secured bridge loan (the "Bridge Loan") from G2S2 Capital Inc., a company controlled by George Armoyan, a director of Calfrac. The Company had drawn $15.0 million under this loan facility prior to its repayment.
Jun 24, 2022 06:00 am ET
Calfrac Well Services Ltd. Second Quarter 2022 Earnings Release and Conference Call
CALGARY, AB, June 24, 2022 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its Second Quarter 2022 results before markets open on Thursday, July 28, 2022, and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day. If you wish to participate in the conference call, please call (800) 458-4148 or (647) 484-0477 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call. Calfrac's management team will be available to answer questions on the call. A webcast of the conference call may be acc
Jun 03, 2022 06:00 am ET
CALFRAC ANNOUNCES APPOINTMENT OF CHIEF EXECUTIVE OFFICER
CALGARY, AB, June 3, 2022 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) announces the appointment of Pat Powell as Chief Executive Officer of the Company effective today. Mr. Powell takes over executive leadership of the Company from George Armoyan who had been serving as Interim Chief Executive Officer since December 17, 2021 and who will continue as an active director of the Company. 
May 03, 2022 11:26 pm ET
CALFRAC ANNOUNCES VOTING RESULTS OF ELECTION OF DIRECTORS
CALGARY, AB, May 3, 2022 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) is pleased to announce that, at its annual and special meeting of shareholders held today, each of the eight nominees proposed as a director and listed in its management information circular dated April 6, 2022 were elected as directors. Detailed results of the voting for each nominee are set out below.
May 03, 2022 06:00 am ET
Calfrac Announces First Quarter Results
CALGARY, AB, May 3, 2022 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX: CFW) announces its financial and operating results for the three months ended March 31, 2022.
Mar 29, 2022 06:00 am ET
Calfrac Well Services Ltd. First Quarter 2022 Earnings Release and Conference Call
CALGARY, AB, March 29, 2022 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its First Quarter 2022 results before markets open on Tuesday, May 3, 2022, and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.  If you wish to participate in the conference call, please call (888) 204-4368 or (647) 794-4605 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call.  Calfrac's management team will be available to answer questions on the call. A webcast of the conference call may be acce
Mar 28, 2022 06:35 pm ET
Calfrac Announces Suspension of Investments in Russia
CALGARY, AB, March 28, 2022 /CNW/ - Calfrac Well Services Ltd. ("Calfrac or "the Company") (TSX: CFW) announces the suspension of any investments in the Russian Federation as the Company meets its contractual obligations in strict compliance with all applicable laws and sanctions.
Mar 16, 2022 06:00 am ET
Calfrac Announces Fourth Quarter Results
CALGARY, AB, March 16, 2022 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX: CFW) announces its financial and operating results for the three months and years ended December 31, 2021.
Dec 17, 2021 05:00 am ET
CALFRAC ANNOUNCES EXECUTIVE OFFICER CHANGES
CALGARY, AB, Dec. 17, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) is announcing changes to its executive officers.  Effective today, George Armoyan has been appointed as the Company's interim Chief Executive Officer.  Mr. Armoyan joined the Company's board of directors in December 2020 and controls Calfrac's largest shareholder, G2S2 Capital Inc. In connection with such appointment, Ronald P. Mathison is stepping down as Executive Chairman, and has now been appointed as Chairman of Calfrac.  Mr. Mathison will continue his leadership of the Company's board
Nov 25, 2021 05:00 am ET
Calfrac Announces Increase to Credit Facilities and Capital Budget
CALGARY, AB, Nov. 25, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) is pleased to announce that it has executed an agreement with its lenders which amends and increases its credit facilities (the "Credit Facilities"). The amendments to the Credit Facilities include the following key items:
Nov 10, 2021 09:21 am ET
IIROC Trade Resumption - CFW
TORONTO, Nov. 10, 2021 /CNW/ - Trading resumes in:
Nov 10, 2021 09:21 am ET
IIROC Trading Halt - CFW
TORONTO, Nov. 10, 2021 /CNW/ - The following issues have been halted by IIROC:
Nov 02, 2021 06:00 am ET
Calfrac Announces Third Quarter Results and Update on 2021 Capital Program
CALGARY, AB, Nov. 2, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX: CFW) announces its financial and operating results for the three and nine months ended September 30, 2021.
Sep 28, 2021 06:00 am ET
Calfrac Well Services Ltd. Third Quarter 2021 Earnings Release and Conference Call
CALGARY, AB, Sept. 28, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its Third Quarter 2021 results before markets open on Tuesday, November 2, 2021 and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.  If you wish to participate in the conference call, please call (800) 437-2398 or (647) 792-1240 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call.  Calfrac's management team will be available to answer questions on the call.  A webcast of the conference call may be
Jul 29, 2021 06:00 am ET
Calfrac Announces Second Quarter Results
CALGARY, AB, July 29, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX: CFW) announces its financial and operating results for the three and six months ended June 30, 2021.
Jul 14, 2021 06:00 am ET
Ontario Securities Commission Dismisses Wilks Brothers' Application
CALGARY, AB, July 14, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) announces that yesterday the Ontario Securities Commission ("OSC") dismissed the application by Wilks Brothers, LLC ("Wilks Brothers") to set aside the decision of the Toronto Stock Exchange ("TSX") that granted exemptive relief to Calfrac.
Jun 30, 2021 06:00 am ET
Calfrac Announces Extension and Amendment of Credit Facilities
CALGARY, AB, June 30, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) is pleased to announce that it has entered into an agreement with its lenders which amends and extends its credit facilities (the "Credit Facilities").
Jun 21, 2021 06:00 am ET
Calfrac Well Services Ltd. Second Quarter 2021 Earnings Release and Conference Call
CALGARY, AB, June 21, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its Second Quarter 2021 results before markets open on Thursday, July 29, 2021 and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.  If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call.  Calfrac's management team will be available to answer questions on the call. A webcast of the conference call may be ac
Jun 02, 2021 09:00 am ET
Wilks Brothers Files Appeal to U.S. Court of Appeals for the Fifth Circuit
CALGARY, AB, June 2, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) announces that Wilks Brothers, LLC and its affiliated funds ("Wilks Brothers") filed an appeal yesterday to the U.S. Court of Appeals for the Fifth Circuit.  Wilks Brothers is appealing the decision by the U.S. District Court for the Southern District of Texas affirming an order by the U.S. Bankruptcy Court for the Southern District of Texas. That order granted recognition and enforcement in the United States of Calfrac's Plan of Arrangement under the Canada Business Corporations Act, which w
May 27, 2021 06:50 pm ET
Supreme Court of Canada Dismisses Wilks Brothers' Leave to Appeal Application with Costs
CALGARY, AB, May 27, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) announces that the Supreme Court of Canada has dismissed the leave to appeal application by Wilks Brothers, LLC ("Wilks Brothers") with costs. Wilks Brothers' proposed appeal related to the decision of the Court of Appeal of Alberta upholding the order of the Court of Queen's Bench of Alberta, which approved Calfrac's Plan of Arrangement pursuant to the Canada Business Corporations Act ("CBCA Final Order"). 
May 04, 2021 08:46 pm ET
Calfrac Announces Voting Results of Election of Directors
CALGARY, AB, May 4, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) is pleased to announce that, at its annual meeting of shareholders held today, each of the seven nominees proposed as a director and listed in its management information circular dated March 23, 2021 were elected as directors.  Detailed results of the voting for each nominee are set out below.
Apr 29, 2021 06:00 am ET
Calfrac Announces First Quarter Results
CALGARY, AB, April 29, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX: CFW) announces its financial and operating results for the three months ended March 31, 2021.
Apr 23, 2021 06:55 pm ET
Calfrac Prevails in Wilks Brothers U.S. Appeal and Provides Update on Legal Proceedings
CALGARY, AB, April 23, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) confirms that a hearing was held today, in the U.S. District Court for the Southern District of Texas, to consider the appeal brought by Wilks Brothers, LLC. This was Wilks Brothers' appeal of the order of the U.S. Bankruptcy Court for the Southern District of Texas which granted enforcement in the United States of Calfrac's Plan of Arrangement under the Canada Business Corporation Act.
Apr 19, 2021 08:00 pm ET
Calfrac Well Services Announces Change to Virtual Annual Meeting on May 4, 2021
CALGARY, AB, April 19, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) announced today that its annual meeting of shareholders scheduled for Tuesday, May 4, 2021, at 3:30 p.m. (Calgary time) at the Calgary Petroleum Club will be changed to a virtual meeting to be held at the same time and on the same date.
Apr 15, 2021 06:00 am ET
Calfrac Announces Rescission Of 1.5 Lien Notes
CALGARY, AB, April 15, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) announced today the completion of the rescission of the purchase of the previously described $1,050,000 of 1.5 Lien Notes acquired by an institutional Shareholder.  The purchaser's original purchase price, less the amount of interest paid on March 15, 2021, has been returned and the 1.5 Lien Notes have been cancelled.  Further details in respect of the rescission are contained in Calfrac's press releases dated March 1, 12 and 29, 2021.
Mar 29, 2021 05:00 pm ET
Calfrac Announces Receipt of TSX Relief
CALGARY, AB, March 29, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) announced today that the Toronto Stock Exchange (the "TSX") has granted the relief requested by Calfrac, as referenced in Calfrac's news release of March 12, 2021. The relief confirms that the terms of the TSX's conditional listing approval have been satisfied in respect of the Common Shares issuable upon conversion of the remaining $58,950,000 of 1.5 Lien Notes issued by Calfrac in connection with its Recapitalization Transaction, subject to, among other conditions, completion of the resci
Mar 16, 2021 06:00 am ET
Calfrac Well Services Ltd. First Quarter 2021 Earnings Release and Conference Call
CALGARY, AB, March 16, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its First Quarter 2021 results before markets open on Thursday, April 29, 2021, and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.  If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call.  Calfrac's management team will be available to answer questions on the call. A webcast of the conference call may be
Mar 12, 2021 06:00 pm ET
Calfrac Announces Further Regulatory Filing
CALGARY, AB, March 12, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) announced today the next step it is pursuing to modify one element of its prior disclosure by making an application to the Toronto Stock Exchange (the "TSX").
Mar 04, 2021 05:00 am ET
Calfrac Announces Fourth Quarter Results
CALGARY, AB, March 4, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX: CFW) announces its financial and operating results for the three months and year ended December 31, 2020.
Mar 01, 2021 08:59 pm ET
Calfrac Announces Modification of Certain Disclosure and a Related Court Application
CALGARY, AB, March 1, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) announced today the modification of its prior disclosure on one matter and its intention to make an application to the Court of Queen's Bench of Alberta in relation to this modified disclosure.
Feb 09, 2021 10:07 pm ET
Appeal of U.S. Enforcement Order for Calfrac's Recapitalization Transaction to be heard in U.S. District Court
CALGARY, AB, Feb. 9, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) had applied to the U.S. District Court for the Southern District of Texas to dismiss, on an expedited basis, a further appeal (the "Appeal") filed by Wilks Brothers, LLC ("Wilks Brothers").  This appeal relates to the order of the U.S. Bankruptcy Court for the Southern District of Texas which granted enforcement in the United States of Calfrac's Plan of Arrangement under the Canada Business Corporations Act (the "U.S. Enforcement Order").
Jan 26, 2021 05:00 am ET
Calfrac Well Services Ltd. Fourth Quarter 2020 Earnings Release and Conference Call
CALGARY, AB, Jan. 26, 2021 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its Fourth Quarter 2020 results before markets open on Thursday, March 4, 2021, and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.  If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call.  Calfrac's management team will be available to answer questions on the call. A webcast of the conference call may be a
Dec 23, 2020 03:46 pm ET
Calfrac announces anticipated first day of trading for Common Shares and Warrants on the TSX after closing of Amended Recapitalization Transaction
CALGARY, AB, Dec. 23, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) completed its previously announced recapitalization transaction on December 18, 2020 (the "Recapitalization Transaction"). Among other things, the Recapitalization Transaction resulted in the consolidation of Calfrac's outstanding common shares on a 50:1 basis (as consolidated, the "Post-Consolidation Common Shares") and the issuance of common share purchase warrants ("Warrants").
Dec 18, 2020 05:11 pm ET
Calfrac Announces Completion of Amended Recapitalization Plan
CALGARY, AB, Dec. 18, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) is very pleased to announce the completion of its previously disclosed amended recapitalization transaction.
Dec 07, 2020 05:00 am ET
Calfrac Announces 2021 Capital Program
CALGARY, AB, Dec. 7, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) is announcing its 2021 capital program of approximately $55.0 million, which consists primarily of maintenance capital expenditures.  
Dec 02, 2020 07:00 pm ET
Wilks Brothers Stay Application Dismissed
CALGARY, AB, Dec. 2, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) advises that it has prevailed in Wilks Brothers, LLC ("Wilks Brothers") latest attempt to thwart the completion of Calfrac's Amended Recapitalization Transaction. That transaction is the subject of a final order of the Court of Queen's Bench of Alberta, approving the Company's Plan of Arrangement under the Canada Business Corporations Act ("Final Order").  The Court of Appeal also awarded Calfrac's costs in the matter.
Dec 02, 2020 05:00 am ET
Calfrac Obtains U.S. Recognition and Enforcement of Final CBCA Order
CALGARY, AB, Dec. 2, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) is announcing that yesterday it prevailed in its request for entry of an order under Chapter 15 of the United States Bankruptcy Code ("Chapter 15") recognizing and granting enforcement of the final order of the Court of Queen's Bench of Alberta approving the Company's Plan of Arrangement under the Canada Business Corporations Act (the "Final Order"), despite Wilks Brothers LLC's objection to the entry of the Chapter 15 order.
Nov 27, 2020 05:00 am ET
Wilks' Brothers Final Order Appeal Dismissed
CALGARY, AB, Nov. 27, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) advises that Wilks Brothers, LLC ("Wilks Brothers") has lost its latest attempt to stall Calfrac's Amended Recapitalization Transaction.
Nov 25, 2020 05:00 pm ET
Appeal of Final Order Approving Calfrac's Recapitalization Transaction Heard in Court Today; Court Reserves Decision
CALGARY, AB, Nov. 25, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) confirms that a hearing was held today, in the Alberta Court of Appeal, to consider the appeal by Wilks Brothers, LLC,  of the Final Order issued by the Court of Queen's Bench of Alberta on November 2nd, approving the Company's plan of arrangement, under the Canada Business Corporations Act.
Nov 12, 2020 05:00 am ET
Calfrac Announces Third Quarter Results and Reduced Capital Budget
CALGARY, AB, Nov. 12, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX: CFW) announces its financial and operating results for the three and nine months ended September 30, 2020.
Nov 02, 2020 05:00 am ET
Calfrac Obtains Final Order Approving the Amended Recapitalization Transaction
CALGARY, AB, Nov. 2, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) announces that it has obtained a final order from the Court of Queen's Bench of Alberta (the "Court") approving its Plan of Arrangement under the Canada Business Corporations Act. The final order is an important step in implementing the Company's Amended Recapitalization Transaction, as more particularly described in the Management Information Circular of the Company dated August 17, 2020, as amended by a Material Change Report dated September 25, 2020.
Oct 29, 2020 06:00 am ET
Calfrac's Application for Approval of Recapitalization Transaction Heard in Court Today; Court Reserves Decision
CALGARY, AB, Oct. 29, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) confirms that a final order hearing was held yesterday, in the Court of Queen's Bench of Alberta, to consider the approval of its plan of arrangement, under the Canada Business Corporations Act.
Oct 16, 2020 05:56 pm ET
Calfrac Shareholders and Unsecured Noteholders Overwhelmingly Approve Amended Recapitalization Transaction
CALGARY, AB, Oct. 16, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) today announced that Calfrac's Shareholders and Unsecured Noteholders have overwhelmingly approved the Company's Amended Recapitalization Transaction to be implemented pursuant to a Plan of Arrangement under Section 192 of the Canada Business Corporations Act.
Oct 13, 2020 08:16 am ET
Calfrac Meetings are on Friday; Voting Deadline is Tomorrow; Stakeholders Should Still VOTE FOR the Amended Recapitalization Transaction
The Amended Recapitalization Transaction is the only viable transaction available to Calfrac Shareholders. It is the only transaction being voted on at the meetings on Friday, October 16, 2020 Shareholders and Unsecured Noteholders should continue to VOTE FOR the Amended Transaction only on the white proxy/VIF. DO NOT vote on the Wilks Brothers blue proxy/VIF Voting deadline for the white proxy/VIF is no later than Wednesday, October 14 at 5 p.m. (Calgary time) Any questions or requests for further information regarding voting at the meetings should be directed to Kingsdale Advisors toll fre
Oct 13, 2020 08:00 am ET
Calfrac Shareholders: Protect Your Investment by Voting AGAINST the Amended Management Transaction
PROXY ADVISORS UNANIMOUSLY AGREE SHAREHOLDERS SHOULD VOTE AGAINST: ISS and Glass Lewis continue to recommend that Shareholders VOTE AGAINST the Amended Management Transaction to protect their investment and right to a premium recovery. WILKS' PREMIUM OFFER REMAINS THE SUPERIOR CHOICE: No matter how you look at it, $0.18 cash per share (and up to $0.25 cash per share) from Wilks remains the best option for Calfrac's shareholders.  LEADING INDEPENDENT INDUSTRY EXPERTS SOUND THE ALARM ON CALFRAC:  Independent analysts are warning that Calfrac will likely be in bankruptcy protection within month
Oct 13, 2020 08:00 am ET
Calfrac Shareholders: Protect Your Investment by Voting AGAINST the Amended Management Transaction
PROXY ADVISORS UNANIMOUSLY AGREE SHAREHOLDERS SHOULD VOTE AGAINST: ISS and Glass Lewis continue to recommend that Shareholders VOTE AGAINST the Amended Management Transaction to protect their investment and right to a premium recovery. WILKS' PREMIUM OFFER REMAINS THE SUPERIOR CHOICE: No matter how you look at it, $0.18 cash per share (and up to $0.25 cash per share) from Wilks remains the best option for Calfrac's shareholders.  LEADING INDEPENDENT INDUSTRY EXPERTS SOUND THE ALARM ON CALFRAC:  Independent analysts are warning that Calfrac will likely be in bankruptcy protection within month
Oct 09, 2020 11:20 am ET
After Being Called Out, Wilks Brothers Admits to Newly-Weakened Offer
CALGARY, AB, Oct. 9, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) has reviewed the Notice of Change and Variation in the Wilks Brothers Takeover Bid filed on October 8, 2020 (the "Notice of Change") and the Wilks Brothers latest news release disinformation, and has the following observations.
Oct 09, 2020 08:00 am ET
Wilks Announces Filing of Notice of Variation for its Improved Premium Offer and Responds to Calfrac's Latest Attempt to Intimidate Shareholders
CISCO, Texas, Oct. 9, 2020 /CNW/ - Wilks Brothers, LLC ("Wilks") today announced that, further to its October 5, 2020 announcement, its affiliate, THRC Holdings, L.P., has formally amended the terms of its take-over bid (the "Premium Offer") for all of the issued and outstanding common shares of Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW).  Wilks' Premium Offer will remain open until 5:00 p.m. (Toronto time) on December 23, 2020, subject to its terms. The Notice of Variation, Amended Letter of Transmittal and Amended Notice of Guaranteed Delivery were filed with securities regulators i
Oct 08, 2020 06:00 am ET
Deal Certainty Remains with Calfrac; Three Key Problems with Wilks Brothers' Takeover Bid
The Board Recommends that Shareholders VOTE FOR on the white proxy form.
Oct 07, 2020 08:00 am ET
Calfrac Shareholders: Both ISS and Glass Lewis Have Reaffirmed Recommendations to Vote AGAINST the Amended Management Transaction
CISCO, Texas, Oct. 7, 2020 /CNW/ - Wilks Brothers, LLC ("Wilks") is pleased to announce that both leading independent proxy advisory firms, Institutional Shareholder Services ("ISS") and Glass Lewis & Co. ("Glass Lewis"), have concluded exactly as they did before: Shareholders should VOTE AGAINST the Amended Management Transaction at the special meeting of shareholders of Calfrac Well Services Ltd  ("Calfrac") (TSX: CFW), to be held on October 16, 2020 (the "Meeting").
Oct 06, 2020 06:00 am ET
Oct 05, 2020 08:00 am ET
Wilks Improves Terms of Premium Offer to Provide Calfrac Shareholders up to $0.25 in Cash for Each Calfrac Share
CISCO, Texas, Oct. 5, 2020 /CNW/ - Wilks Brothers, LLC ("Wilks") today announced that it has improved the terms of its Premium Offer to acquire all of the issued and outstanding common shares ("Shares") of Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW). In accordance with the terms of the amendment, Wilks will agree to provide tendering Shareholders up to $0.25 in cash per Share and a minimum cash consideration of $0.18 per Share. 
Oct 05, 2020 06:00 am ET
Oct 02, 2020 08:00 am ET
Wilks Brothers Provides Answers to Frequently Asked Questions Regarding Calfrac and Wilks' Premium Offer
CISCO, TX, Oct. 2, 2020 /CNW/ - Wilks Brothers, LLC ("Wilks") appreciates the overwhelming support from the Shareholders of Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) and today provided answers to some of the most frequently asked questions about Calfrac and Wilks' $0.18 cash Premium Offer for the common shares of Calfrac.
Sep 30, 2020 06:00 am ET
Calfrac Well Services Ltd. Third Quarter 2020 Earnings Release and Conference Call
CALGARY, AB, Sept. 30, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its Third Quarter 2020 results before markets open on Thursday, November 12, 2020, and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.  If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call.  Calfrac's management team will be available to answer questions on the call. A webcast of the conference call may
Sep 29, 2020 08:00 am ET
Analysis Shows Calfrac Management Transaction Fails on All Metrics; Wilks Premium Ofers Remains the Superior Option
CISCO, TX, Sept. 29, 2020 /CNW/ - Wilks Brothers LLC ("Wilks") is pleased to announce that earlier today it posted a detailed presentation and analysis (the "Comparative Analysis") of the "Amended" Management Transaction proposed by Calfrac Well Services Ltd. ("Calfrac" or the "Company" TSX:CFW) to the website www.afaircalfrac.com.
Sep 28, 2020 08:00 pm ET
Calfrac Shareholders: Ten Important Things to Keep in Mind
CISCO, TX, Sept. 28, 2020 /CNW/ - In response to the press release issued by Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) this morning, Wilks Brothers, LLC ("Wilks") offers ten key points for shareholders to keep in mind when considering Calfrac's Amended Management Transaction and Wilks' Premium Offer.
Sep 28, 2020 06:00 am ET
The Ten Things That You Should Know About Calfrac's Amended Recapitalization Transaction
CALGARY, AB, Sept. 28, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) responded today:
Sep 25, 2020 06:00 am ET
Changes to Calfrac Management Transaction Fall Woefully Short of Shareholder Recoveries Under Wilks Premium Offer
Amended Management Transaction actually offers shareholders cash consideration of no more than $0.119 per share vs $0.18 per share under the Wilks Premium Offer Amended Management Transaction provides shareholders with cash consideration that represents at best a 20% discount to the current market price of Calfrac shares and a 34% discount to the cash consideration available under the Wilks Premium Offer Amended Management Transaction is not capable of being implemented under its amended terms without the consent of the second lien lenders, which consent will not be provided Wilks' Premium O
Sep 24, 2020 08:45 am ET
Calfrac Announces Amended Recapitalization Transaction with Improved Economics and Optionality for Shareholders; Meeting Date Postponed to Permit Securityholders to Consider Amended Terms; Calfrac Boa
Calfrac's Amended Recapitalization Transaction is the best alternative for Shareholders. It remains the only transaction being voted on at the upcoming Meetings and the only transaction capable of implementation. Today's amendments provide Shareholders with significantly improved economics, optionality and certaintyShareholders can elect to receive $0.15 in cash per Common Share AND receive two WarrantsAlternatively, Shareholders can elect to retain their Common Shares AND receive two WarrantsEach Warrant entitles the Shareholder to purchase one Common Share of Calfrac for a period of three
Sep 23, 2020 05:00 pm ET
Calfrac - Let Your Shareholders' Voices Be Heard
CISCO, Texas, Sept. 23, 2020 /CNW/ - It is now well over a week since both ISS and Glass Lewis recommended that Shareholders of Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) vote AGAINST the Management Transaction, likely causing Calfrac to announce the postponement of the special meeting of its shareholders.  While the shareholder meeting has been rescheduled for September 29, it is not clear, today when the Meeting will actually take place.  Calfrac has not provided any further information to the market and Shareholders have not, for example, been advised as to any deadline for the dep
Sep 14, 2020 06:00 am ET
/R E P E A T -- The Two Leading Proxy Advisory Firms Unanimously Recommend Shareholders Vote Against the Calfrac Management Transaction/
Glass Lewis reverses their original recommendation and now both Glass Lewis and ISS recommend that Shareholders vote AGAINST the Management Transaction. When viewed alongside the significant sell-side analysts' support of Wilks' Superior Alternative Proposal, it is clear that the market recognises that Calfrac Shareholders will not benefit from the insider-led Management Transaction. The proxy deadline for the BLUE proxy is September 14, 2020 at 5pm MST. Get the FACTS at www.afaircalfrac.com. CISCO, Texas, Sept. 11, 2020 /CNW/ - Wilks Brothers, LLC ("Wilks") is pleased to announce that prox
Sep 14, 2020 06:00 am ET
Calfrac Postpones Shareholders and Noteholders Meetings to September 29; Advises Shareholders Not to Take Any Actions with Respect to Wilks Brothers' Unsolicited Offer
CALGARY, AB, Sept. 14, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) announces the postponement of the shareholders and unsecured noteholders meetings with respect to its proposed Recapitalization Transaction from September 17, 2020 to September 29, 2020.
Sep 11, 2020 06:47 pm ET
The Two Leading Proxy Advisory Firms Unanimously Recommend Shareholders Vote Against the Calfrac Management Transaction
Glass Lewis reverses their original recommendation and now both Glass Lewis and ISS recommend that Shareholders vote AGAINST the Management Transaction. When viewed alongside the significant sell-side analysts' support of Wilks' Superior Alternative Proposal, it is clear that the market recognises that Calfrac Shareholders will not benefit from the insider-led Management Transaction. The proxy deadline for the BLUE proxy is September 14, 2020 at 5pm MST. Get the FACTS at www.afaircalfrac.com. CISCO, Texas, Sept. 11, 2020 /CNW/ - Wilks Brothers, LLC ("Wilks") is pleased to announce that prox
Sep 11, 2020 09:00 am ET
Calfrac Shareholders: There Are 26 Million Reasons to Vote Against the Management Transaction
Wilks reminds Calfrac shareholders to vote AGAINST the Management Transaction $0.18 per Calfrac share under Wilks' Premium Offer is far superior to $0.03 per Calfrac share under the insider-led Management Transaction. Calfrac's share price would need to improve by approx. 575% for the Management Transaction to deliver Shareholders the same value as the Wilks Premium Offer The proxy deadline for the BLUE proxy is September 14, 2020 at 5pm MST. Get the FACTS at www.afaircalfrac.com. CISCO, Texas, Sept. 11, 2020 /CNW/ - Wilks Brothers, LLC ("Wilks") reminds Shareholders of Calfrac Well Service
Sep 11, 2020 06:00 am ET
Calfrac Notes Receipt of Wilks Brothers Unsolicited Offer; Shareholders Should Take No Action and NOT TENDER Their Shares
CALGARY, AB, Sept. 11, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) acknowledges receipt of an unsolicited offer by THRC Holdings L.P., an affiliate of Wilks Brothers, LLC, to acquire all of the Calfrac common shares that it and its affiliates do not already own.
Sep 10, 2020 06:00 am ET
Wilks Launches Premium Offer For Calfrac Shares; Calfrac Shareholders Now Have an Unobstructed Path to a Premium Recovery by Voting Against the Management Transaction
CISCO, Texas, Sept. 10, 2020 /CNW/ - Wilks Brothers, LLC ("Wilks") announced today that its affiliate, THRC Holdings L.P., has commenced a formal take-over bid (the "Offer") for all of the issued and outstanding common shares of Calfrac Well Services Ltd. ("Calfrac", and such shares, the "Calfrac Shares") (TSX: CFW) for consideration consisting of $0.18 per Calfac Share, in cash. The Offer will remain open until 4:00 p.m. (Toronto time) on December 23, 2020, subject to its terms. The Offer, take-over bid circular and related materials were filed with securities regulators in Canada today and
Sep 09, 2020 09:38 pm ET
Leading Independent Proxy Advisor, ISS, Recommends Shareholders Vote Against Calfrac Recapitalization Transaction
CISCO, Texas, Sept. 9, 2020 /CNW/ - Wilks Brothers, LLC ("Wilks") is pleased to announce that leading independent proxy advisor, Institutional Shareholder Services ("ISS"), has recommended that Shareholders of Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) vote AGAINST Calfrac's Recapitalization Transaction (the "Management Transaction") at the special meeting of Shareholders by using ONLY their BLUE proxy form. The proxy deadline is September 14, 2020 at 5pm MST.
Sep 08, 2020 06:20 am ET
Leading Independent Proxy Advisor, ISS, Recommends Shareholders Vote Against Calfrac's Recapitalization Transaction
CISCO, Texas, Sept. 8, 2020 /CNW/ - Wilks Brothers, LLC ("Wilks") is pleased to announce that leading independent proxy advisor, Institutional Shareholder Services ("ISS"), has recommended that Shareholders of Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) vote AGAINST Calfrac's Recapitalization Transaction (the "Management Transaction") at the special meeting of Shareholders by using ONLY their BLUE proxy form. The proxy deadline is September 14, 2020 at 5pm MST.
Sep 08, 2020 06:00 am ET
Leading Independent Advisory Firm Glass Lewis Recommends That Calfrac Shareholders Vote FOR The ONLY Executable Recapitalization Transaction
Glass Lewis independently agrees that Calfrac's proposed Recapitalization Transaction is the Only Executable Transaction available to Calfrac Unsecured Noteholders and Shareholders. The situation is unchanged. The Calfrac Board of Directors continues to unanimously recommend that Shareholders and Unsecured Noteholders VOTE FOR the Recapitalization Transaction Only on the Management White Proxy/VIF. Calfrac Shareholders' and Unsecured Noteholders' Deadline to Vote is prior to 5:00 PM (Calgary time) on September 15, 2020. DO NOT vote on the Wilks Brothers Blue Proxy/VIF CALGARY, AB, Sept. 8,
Sep 03, 2020 06:00 am ET
Calfrac Shareholders Have a Direct Path to a Premium-To-Market Recovery by Voting Down the Management Transaction
CISCO, Texas, Sept. 3, 2020 /CNW/ - Wilks Brothers, LLC ("Wilks") provides the true facts in response to recent statements by Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW). Calfrac has attempted to distract shareholders from the obvious flaws of the Management Plan by raising irrelevant issues and indulging in inuendo. Shareholders should focus on the real facts and Wilks' announced intention to make the Premium Offer to Shareholders as they vote down the flawed management transaction.
Sep 02, 2020 06:00 am ET
Court of Appeal of Alberta Dismisses Latest Wilks Brothers' Attempt to Litigate Calfrac's Recapitalization; Calfrac Responds to Wilks Brothers' Announcement of an Intention to Make an Unsolicited Offe
CALGARY, AB, Sept. 2, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) is announcing that Wilks Brothers, LLC ("Wilks Brothers") has lost its latest attempt to litigate against Calfrac's Recapitalization Transaction.
Sep 01, 2020 06:07 pm ET
Wilks Brothers, LLC Announces Alternative Path to a Premium-To-Market Cash Recovery for Shareholders if Management Transaction Does Not Proceed
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY OF THE SECURITIES IN THE UNITED STATES./
Sep 01, 2020 06:00 am ET
Calfrac Halts Wilks Brothers' Attempt to Seek Insolvency; Obtains U.S. Recognition for CBCA Recapitalization Transaction Proceeding
CALGARY, AB, Sept. 1, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) is announcing that it has prevailed in its request for entry of a recognition order under Chapter 15 of the United States Bankruptcy Code ("Chapter 15"), despite Wilks Brothers LLC's ("Wilks Brothers") latest attempt to seek a Calfrac insolvency. 
Aug 28, 2020 08:13 am ET
Calfrac Sets the Record Straight; Recapitalization Transaction is the Only Executable Transaction; Voting for the Recapitalization Transaction is in the Best Interests of Stakeholders
Fact: The Recapitalization Transaction is the only transaction being voted on. It is recommended that all Calfrac stakeholders VOTE FOR this transaction. Fact: Holders of 78% of the Unsecured Notes continue to support the Recapitalization Transaction. No other party has presented anything that Unsecured Noteholders will approve. Fact: Wilks Brothers' Proposal cannot be executed and would make Calfrac subservient to a competitor. A deal with Wilks Brothers would carry significant, unmeasurable risks. CALGARY, AB, Aug. 28, 2020 /CNW/ - (TSX: CFW) Calfrac Well Services Ltd. ("Calfrac" or the "
Aug 21, 2020 06:43 pm ET
Wilks Brothers, LLC Releases an Economic Comparison Presentation of its Calfrac Superior Alternative Proposal Versus the Initial Management Transaction at www.afaircalfrac.com
Stakeholders must not be misled and deserve a comparison of the proposals and details on the disproportionate beneficiaries of the Company's insider deal In addition to providing a significantly superior economic recovery across all levels of Calfrac's capital structure, the substantially reduced debt levels inherent in Wilks' proposal ensures a stronger, more sustainable, capital structure for Calfrac If shareholders reject the insider deal, Wilks' Superior Alternative Proposal, the full details of which are available at www.afaircalfrac.com, will remain available to the Company CISCO, Tex
Aug 21, 2020 08:43 am ET
Calfrac Files Circular for Recapitalization Transaction; Confirms Key Information; and Sets the Record Straight about Wilks Brothers
The Recapitalization Transaction remains the only transaction being voted upon, notwithstanding other contrary assertions in the media. The Recapitalization Transaction already has the contractual support of 78% of Senior Unsecured Noteholders and 23% of Shareholders. The board of directors of Calfrac unanimously recommends that all Senior Unsecured Noteholders and Shareholders of Calfrac VOTE FOR the Recapitalization Transaction, as proposed. The Recapitalization Transaction is the only available alternative to potentially very adverse outcomes for Calfrac and its stakeholders. CALGARY, AB
Aug 18, 2020 08:20 am ET
Summary Rejection by Calfrac's Special Committee of Wilks' Superior Proposal Unfairly Disregards the Interests of All Stakeholders; Superior Proposal Will Remain Available to the Company if Shareholde
The Special Committee admits to having made their decision based solely on the views and interests of a self-selected group of insiders and unsecured noteholders who will disproportionately benefit from the insider deal Independent analysts agree that the Wilks' Superior Alternative Proposal is "unambiguously" a financially superior transaction Shareholders should not be intimidated into supporting the inferior and flawed insider deal by thinly-veiled threats made by the Special Committee If shareholders reject the insider deal, Wilks' Superior Alternative Proposal, the full details of which
Aug 17, 2020 06:00 am ET
Special Committee of Independent Directors of Calfrac Completes Evaluation of Proposal from Wilks Brothers
CALGARY, AB, Aug. 17, 2020 /CNW/ - (TSX: CFW)  As previously disclosed, Calfrac Well Services Ltd. ("Calfrac" or the "Company") received an alternative business proposal from Wilks Brothers, LLC ( "Wilks Brothers") on August 4, 2020.  The Special Committee of Independent Directors of Calfrac has determined that the Wilks Brothers proposal is not a "Superior Proposal", as that term is defined in the support agreements governing Calfrac's proposed recapitalization transaction, as described in the July 14, 2020 press release (the "Recapitalization Transaction"). As part of its determination, am
Aug 10, 2020 08:00 am ET
Wilks Brothers, LLC Successfully Intervenes in the Calfrac Interim Order Process to Protect Stakeholder Rights
Revisions to Interim Order protect the procedural and substantive rights of affected stakeholders on the proposed solicitation process and ability to raise issues at the ultimate fairness hearing, should Calfrac proceed with the Initial Management Transaction Stakeholders are reminded of the fully committed Wilks' Superior Alternative Proposal, which provides superior recoveries to all stakeholders, and are encouraged to review its Term Sheet available at www.afaircalfrac.com   Stakeholders may also voice their support for Wilks' Superior Alternative Proposal by contacting Laurel Hill Adviso
Aug 07, 2020 07:29 pm ET
Calfrac Obtains Interim Order in Connection with Recapitalization Transaction And Announces Meetings
CALGARY, AB, Aug. 7, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) announces that it has obtained an interim order in connection with the  Company's previously announced recapitalization transaction (the "Recapitalization Transaction") to be implemented pursuant to a plan of arrangement (the "Plan of Arrangement") under the Canada Business Corporations Act ("CBCA"), as more particularly described in the Company's July 14, 2020 press release (the "July 14 Press Release") and the Company's July 22, 2020 press release (the "July 22 Press Release"). Key terms of
Aug 04, 2020 09:59 pm ET
Calfrac Confirms Receipt of Wilks Brothers, LLC Proposal
CALGARY, AB, Aug. 4, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) acknowledges today's announcement by Wilks Brothers, LLC ("Wilks Brothers") that Wilks Brothers has submitted an alternative recapitalization proposal for consideration by Calfrac's Board of Directors.
Aug 04, 2020 08:00 am ET
Wilks Brothers, LLC Announces Proposal for Superior Calfrac Recapitalization Transaction
Stakeholders are encouraged to review the Term Sheet available at www.afaircalfrac.com CISCO, Texas, Aug. 4, 2020 /CNW/ - Wilks Brothers, LLC ("Wilks"), a significant, long-term shareholder and debtholder of Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) announces that, further to Calfrac's announced recapitalization transaction (the "Initial Management Transaction"), it has submitted a superior alternative recapitalization transaction (the "Superior Alternative Proposal") to the board of directors of Calfrac today.
Jul 30, 2020 06:00 am ET
Calfrac Announces Second Quarter Results
CALGARY, AB, July 30, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX: CFW) announces its financial and operating results for the three and six months ended June 30, 2020.
Jul 22, 2020 05:00 pm ET
Calfrac Announces Increased Support for Recapitalization Transaction and Reminds Noteholders of Participation in the 1.5 Lien Note Offering
CALGARY, AB, July 22, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) is pleased to announce that it has additional support for the Company's previously announced recapitalization transaction (the "Recapitalization Transaction") to be implemented pursuant to a plan of arrangement under the Canada Business Corporations Act (the "Plan of Arrangement"), as more particularly described in the Company's July 14, 2020 press release (the "July 14 Press Release").
Jul 14, 2020 08:26 am ET
IIROC Trade Resumption - CFW
TORONTO, July 14, 2020 /CNW/ - Trading resumes in:
Jul 14, 2020 08:17 am ET
IIROC Trading Halt - CFW
TORONTO, July 14, 2020 /CNW/ - The following issues have been halted by IIROC:
Jul 14, 2020 08:05 am ET
Calfrac Announces Commencement of CBCA Stay Proceedings, Recapitalization Transaction and Financial Update
CALGARY, AB, July 14, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) announces that Calfrac and certain related entities (collectively, the "Calfrac Applicants") have obtained a preliminary interim order (the "Preliminary Interim Order") under the Canada Business Corporations Act (the "CBCA") from the Court of Queen's Bench of Alberta (the "Court") (the "CBCA Proceedings"). Calfrac also announces that it has entered into support agreements with certain holders of its outstanding 8.50% senior unsecured notes due 2026 (the "Unsecured Notes"), holding approximat
Jun 29, 2020 06:00 am ET
Calfrac Well Services Ltd. Second Quarter 2020 Earnings Release and Conference Call
CALGARY, AB, June 29, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its Second Quarter 2020 results before markets open on Thursday, July 30, 2020 and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day. If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call. Calfrac's management team will be available to answer questions on the call. A webcast of the conference call may be acce
Jun 25, 2020 06:00 am ET
Calfrac Announces First Quarter Results
CALGARY, AB, June 25, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX: CFW) announces its financial and operating results for the three months ended March 31, 2020.
Jun 16, 2020 07:17 pm ET
Calfrac Reconfirms Delay in Filing its Q1 2020 Financial Statements and MD&A
CALGARY, AB, June 16, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) is announcing that, further to its April 28, 2020 press release, the Company is continuing to rely on ASC Blanket Order 51-517 Temporary Exemption from Certain Corporate Finance Requirements (the "Blanket Order") to postpone the filing of its interim financial statements for the three month period ended March 31, 2020 (the "Q1 Financial Statements") and associated management's discussion and analysis (the "Q1 MD&A", and collectively with the Q1 Financial Statements, the "Q1 Filings"). Ca
Jun 15, 2020 06:00 am ET
Calfrac Announces Deferral of Interest Payment
CALGARY, AB, June 15, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) is announcing that the Company has elected to defer the cash interest payment due on June 15, 2020 in respect of its outstanding 8.50% senior unsecured notes due 2026 (the "Unsecured Notes"), which were issued pursuant to an indenture dated May 30, 2018 (the "Unsecured Notes Indenture"). Under the terms of the Unsecured Notes Indenture, the Company has a 30 day grace period from the periodic interest payment date in order to make this cash interest payment before an event of default will occ
Jun 09, 2020 04:06 pm ET
Calfrac Comments on Recent Trading Activity
CALGARY, AB, June 9, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) provides the following comment on the recent increase in the trading volume and price of the Company's common shares on the Toronto Stock Exchange.
May 06, 2020 06:00 am ET
Calfrac Announces Voting Results of Election of Directors
CALGARY, May 6, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX–CFW) is pleased to announce that, at its annual and special meeting of shareholders held yesterday, each of the seven nominees proposed as a director and listed in its management information circular dated March 25, 2020 were elected as directors.  Detailed results of the voting for each nominee are set out below.
Apr 28, 2020 06:00 am ET
Calfrac Announces Change in Location for Annual and Special Meeting of Shareholders
CALGARY, April 28, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX-CFW) is announcing a change in the location for its annual and special meeting (the "Meeting") of shareholders which will be held on Tuesday, May 5, 2020 at 3:30 p.m. (Calgary time).  Due to the ongoing COVID-19 pandemic, the original meeting location is no longer available.  The date and time of the Meeting remain unchanged.  Calfrac does not intend to prepare or mail an amended management information circular as a result of the change in Meeting location.  The Meeting will now be held at Calfrac's head office at 41
Apr 28, 2020 06:00 am ET
Calfrac Announces Delay in Filing its Q1 2020 Financial Statements and MD&A
CALGARY, April 28, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX-CFW) is announcing that the filing of the Company's interim financial statements for the three month period ended March 31, 2020 (the "Q1 Financial Statements") and associated management's discussion and analysis (the "Q1 MD&A", and collectively with the Q1 Financial Statements, the "Q1 Filings") will be postponed.
Apr 08, 2020 06:00 am ET
Calfrac Well Services Ltd. First Quarter 2020 Earnings Release and Conference Call
CALGARY, April 8, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its First Quarter 2020 results before markets open on Thursday, April 30, 2020 and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.  If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call.  Calfrac's management team will be available to answer questions on the call. A webcast of the conference call may be access
Mar 27, 2020 06:00 pm ET
Calfrac announces reductions to its 2020 capital program and reduced operating footprint
CALGARY, March 27, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX-CFW) is announcing reductions to its 2020 capital program and North American operating footprint as a result of the rapid and unforeseen deterioration in business conditions resulting from the COVID-19 global pandemic and the oil price war among OPEC+ members. These global events have caused a significant decline in oil prices globally, resulting in reductions in the planned spending of many of Calfrac's clients.
Mar 05, 2020 05:00 am ET
Calfrac Announces Fourth Quarter Results
CALGARY, March 5, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX-CFW) announces its financial and operating results for the three months and year ended December 31, 2019.
Feb 25, 2020 05:00 am ET
Calfrac Announces Expiration of Exchange Offer for its 8.500% Senior Unsecured Notes Due 2026
CALGARY, Feb. 25, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX-CFW) is pleased to announce the expiration of the previously announced offer by Calfrac Holdings LP ("Calfrac Holdings"), a Delaware limited partnership which is indirectly wholly-owned by Calfrac, to exchange  newly issued 10.875% Second Lien Secured Notes due 2026 (the "New Notes") for validly tendered (and not validly withdrawn) 8.500% Senior Unsecured Notes due 2026 (the "Old Notes") of Calfrac Holdings.  This offer (the "Exchange Offer") expired at 11:59 p.m., New York City time, on February 24, 2020.
Feb 10, 2020 05:00 am ET
Calfrac Announces Early Tender Results, Upsizing and Oversubscription of Exchange Offer for its 8.500% Senior Unsecured Notes Due 2026
CALGARY, Feb. 10, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX-CFW) is pleased to announce the early tender results of the previously announced offer by Calfrac Holdings LP ("Calfrac Holdings"), a Delaware limited partnership which is indirectly wholly-owned by Calfrac, to exchange newly issued 10.875% Second Lien Secured Notes due 2026 (the "New Notes") for validly tendered (and not validly withdrawn) 8.500% Senior Unsecured Notes due 2026 (the "Old Notes") of Calfrac Holdings.
Jan 27, 2020 09:14 pm ET
Calfrac Announces Exchange Offer For Its 8.500% Senior Unsecured Notes Due 2026
CALGARY, Jan. 27, 2020 /CNW/ -  Calfrac Well Services Ltd. ("Calfrac") (TSX-CFW) is pleased to announce that Calfrac Holdings LP ("Calfrac Holdings"), a Delaware limited partnership which is indirectly wholly-owned by Calfrac, intends to offer to exchange (the "Exchange Offer") up to US$100,000,000 aggregate principal amount of Calfrac Holdings' newly issued 10.875% Second Lien Secured Notes due 2026 (the "New Notes") for validly tendered (and not validly withdrawn) 8.500% Senior Unsecured Notes due 2026 (the "Old Notes") of Calfrac Holdings. Calfrac and Calfrac Well Services Corp., its whol
Jan 27, 2020 09:11 pm ET
Calfrac Provides Operational Update and Announces Timing for Fourth Quarter 2019 Earnings Release and Conference Call
CALGARY, Jan. 27, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX-CFW) is pleased to provide an operational update with respect to its fourth quarter of 2019 preliminary results (all amounts are in Canadian dollars). In addition, Calfrac is announcing the timing for its fourth-quarter 2019 earnings release and conference call.
Jan 14, 2020 05:00 am ET
Calfrac Announces 2020 Capital Program
CALGARY, Jan. 14, 2020 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX-CFW) is announcing its 2020 capital program of approximately $100.5 million, which consists primarily of maintenance capital expenditures.  
Oct 03, 2019 12:34 pm ET
Calfrac Well Services Ltd. Third Quarter 2019 Earnings Release and Conference Call
CALGARY, Oct. 3, 2019 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its Third Quarter 2019 results before markets open on Thursday, October 31, 2019 and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.  If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call.  Calfrac's management team will be available to answer questions on the call. A webcast of the conference call may be acces
Aug 01, 2019 06:00 am ET
Calfrac Announces 2019 Second Quarter Results
CALGARY, Aug. 1, 2019 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX-CFW) announces its financial and operating results for the three and six months ended June 30, 2019.
Jul 10, 2019 01:03 pm ET
Calfrac Well Services Ltd. Second Quarter 2019 Earnings Release and Conference Call
CALGARY, July 10, 2019 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its Second Quarter 2019 results before markets open on Thursday, August 1, 2019 and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.  If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call.  Calfrac's management team will be available to answer questions on the call. A webcast of the conference call may be acces
Jun 10, 2019 06:00 am ET
Calfrac Announces CEO Retirement and New Senior Management Appointments
CALGARY, June 10, 2019 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX-CFW) announced today that Fernando Aguilar, Calfrac's President and Chief Executive Officer, will be retiring from the Company. 
May 08, 2019 01:17 am ET
Alberta Court Finds Wilks Brothers Breached Confidentiality Agreement
CALGARY, May 7, 2019 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX-CFW) provides this update concerning the action commenced by Calfrac on May 30, 2018 against Wilks Brothers, LLC ("Wilks Brothers") in the Alberta Court of Queen's Bench.
May 08, 2019 01:09 am ET
Calfrac Announces Voting Results of Election of Directors
CALGARY, May 7, 2019 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX–CFW) is pleased to announce that, at its annual meeting of shareholders held today, each of the seven nominees proposed as a director and listed in its management information circular dated March 25, 2019 were elected as directors.  Detailed results of the voting for each nominee are set out below.
May 01, 2019 06:00 am ET
Calfrac Announces First Quarter Results
CALGARY, May 1, 2019 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX-CFW) announces its financial and operating results for the three months ended March 31, 2019.
Mar 29, 2019 01:23 pm ET
Calfrac Well Services Ltd. First Quarter 2019 Earnings Release and Conference Call
CALGARY, March 29, 2019 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its First Quarter 2019 results before markets open on Wednesday, May 1, 2019 and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.  If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call.  Calfrac's management team will be available to answer questions on the call. A webcast of the conference call may be accesse
Feb 28, 2019 05:00 am ET
Calfrac Announces Fourth Quarter Results
CALGARY, Feb. 28, 2019 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX-CFW) announces its financial and operating results for the three months and year ended December 31, 2018.
Feb 06, 2019 03:53 pm ET
Calfrac Well Services Ltd. Fourth Quarter 2018 Earnings Release and Conference Call
CALGARY, Feb. 6, 2019 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its Fourth Quarter 2018 results before markets open on Thursday, February 28, 2019 and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.  If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call.  Calfrac's management team will be available to answer questions on the call. A webcast of the conference call may be acc
Dec 27, 2018 08:52 am ET
IIROC Trade Resumption - CFW
TORONTO, Dec. 27, 2018 /CNW/ - Trading resumes in:
Dec 27, 2018 08:43 am ET
IIROC Trading Halt - CFW
TORONTO, Dec. 27, 2018 /CNW/ - The following issues have been halted by IIROC:
Dec 14, 2018 06:25 pm ET
Calfrac Follows Up on Whistler Conference Controversy
CALGARY, Dec. 14, 2018 /CNW/ - Ronald P. Mathison, Chairman of Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX–CFW), commented today: "The controversy that has resulted in the cancellation of the energy portion of an investor conference, scheduled for January in the Town of Whistler, carries several important implications. Canadian energy companies and members of the public have reacted strongly to recent communications from politicians like the one from the Mayor of the Town of Whistler. The Whistler Mayor's letters, addressed to energy industry companies, effectively seek to a
Dec 05, 2018 05:00 am ET
Calfrac Announces 2019 Capital Program
CALGARY, Dec. 5, 2018 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX-CFW) is announcing its 2019 capital program of approximately $149 million which includes $126 million of maintenance capital, $11 million of refurbishment capital and $12 million related to corporate initiatives.  In addition, approximately $10 million remaining from Calfrac's 2018 capital program is expected to be spent in 2019. 
Oct 25, 2018 06:00 am ET
Calfrac Announces Third Quarter Results and Update on 2018 Capital Program
CALGARY, Oct. 25, 2018 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX-CFW) announces its financial and operating results for the three and nine months ended September 30, 2018.
Oct 03, 2018 04:18 pm ET
Calfrac Well Services Ltd. Third Quarter 2018 Earnings Release and Conference Call
CALGARY, Oct. 3, 2018 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its Third Quarter 2018 results before markets open on Thursday, October 25, 2018 and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.  If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call.  Calfrac's management team will be available to answer questions on the call. A webcast of the conference call may be acces
Jul 25, 2018 06:00 am ET
Calfrac Announces Record Second Quarter Results
CALGARY, July 25, 2018 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX-CFW) announces its financial and operating results for the three and six months ended June 30, 2018.
Jul 11, 2018 02:47 pm ET
Calfrac Well Services Ltd. Second Quarter 2018 Earnings Release and Conference Call
CALGARY, July 11, 2018 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its Second Quarter 2018 results before markets open on Wednesday, July 25, 2018 and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.  If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call.  Calfrac's management team will be available to answer questions on the call. A webcast of the conference call may be acces
May 30, 2018 10:44 am ET
Calfrac sets the record straight regarding Wilks Brothers' actions
CALGARY, May 30, 2018 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX-CFW) announced earlier today the closing of an offering of US$650 million aggregate principal amount of 8.50% senior unsecured notes due 2026 (the "Financing").
May 30, 2018 10:43 am ET
Calfrac announces closing of US$650 million offering of senior notes
CALGARY, May 30, 2018 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX-CFW) announced today that Calfrac Holdings LP ("Calfrac Holdings"), a Delaware limited partnership which is indirectly wholly owned by Calfrac, has closed a private offering of US$650 million aggregate principal amount of its 8.50% senior notes due 2026 (the "notes"). Fixed interest on the notes is payable on June 15 and December 15 of each year. The notes will mature on June 15, 2026. Calfrac Holdings intends to use a portion of the net proceeds from the offering of the notes to fund a tender offer to purchase for cas
May 23, 2018 12:07 pm ET
Calfrac Announces Tender Results and Expiration of the Tender Offer for its 7.50% Senior Notes Due 2020
CALGARY, May 23, 2018 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX-CFW) is pleased to announce today the tender results for Calfrac Holdings LP's (the "Company") previously announced tender offer (the "Tender Offer") with respect to its outstanding 7.50% senior notes due 2020 (the "Existing Notes"). The Tender Offer expired at 5:00 p.m., New York City time, on May 22, 2018 (the "Expiration Time").
May 15, 2018 01:52 pm ET
Calfrac Announces Pricing of US$650 Million Offering of Senior Notes
CALGARY, May 15, 2018 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX-CFW) announced today that Calfrac Holdings LP ("Calfrac Holdings"), a Delaware limited partnership which is indirectly wholly owned by Calfrac, priced an offering of US$650 million aggregate principal amount of its 8.50% senior notes due 2026 (the "notes") at an issue price of 100% of the aggregate principal amount of the notes plus accrued interest from May 30, 2018. Calfrac and Calfrac Well Services Corp., its wholly owned subsidiary and a Colorado corporation, will fully and unconditionally guarantee the notes.  The
May 09, 2018 07:38 am ET
Calfrac Holdings LP Launches Cash Tender Offer for Certain U.S. Dollar Securities
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON RESIDENT AND/OR LOCATED IN, ANY JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION IS UNLAWFUL (SEE "OFFER AND DISTRIBUTION RESTRICTIONS" BELOW)
May 09, 2018 07:34 am ET
Calfrac announces US$650 million offering of senior notes, accordion exercise and intention to repay second lien term loan
CALGARY, May 9, 2018 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX-CFW) is pleased to announce that Calfrac Holdings LP ("Calfrac Holdings"), a Delaware limited partnership which is indirectly wholly owned by Calfrac, intends to offer, subject to market and other conditions, up to US$650 million aggregate principal amount of senior notes due 2026 (the "notes"), which will be issued under a new indenture. Calfrac and Calfrac Well Services Corp., its wholly owned subsidiary and a Colorado corporation, will fully and unconditionally guarantee the notes.
May 08, 2018 08:41 pm ET
Calfrac Announces Voting Results of Election of Directors
CALGARY, May 8, 2018 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX–CFW) is pleased to announce that, at its annual and special meeting of shareholders held today, each of the seven nominees proposed as a director and listed in its management information circular dated March 16, 2018 were elected as directors.  Detailed results of the voting for each nominee are set out below.
May 01, 2018 06:00 am ET
Calfrac Announces First Quarter Results and Update on 2018 Capital Program
CALGARY, May 1, 2018 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX-CFW) announces its financial and operating results for the three months ended March 31, 2018.
Apr 09, 2018 12:05 pm ET
Calfrac Well Services Ltd. First Quarter 2018 Earnings Release and Conference Call
CALGARY, April 9, 2018 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its First Quarter 2018 results before markets open on Tuesday, May 1, 2018 and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.  If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call.  Calfrac's management team will be available to answer questions on the call. A webcast of the conference call may be accessed v
Mar 01, 2018 05:00 am ET
Calfrac Announces Fourth Quarter Results
CALGARY, March 1, 2018 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX-CFW) announces its financial and operating results for the three months and year ended December 31, 2017.
Feb 08, 2018 12:50 pm ET
Calfrac Well Services Ltd. Fourth Quarter 2017 Earnings Release and Conference Call
CALGARY, Feb. 8, 2018 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its Fourth Quarter 2017 results before markets open on Thursday, March 1, 2018 and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.  If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call.  Calfrac's management team will be available to answer questions on the call. A webcast of the conference call may be accesse
Dec 06, 2017 05:00 am ET
Calfrac Announces 2018 Capital Program
CALGARY, Dec. 6, 2017 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX–CFW) is pleased to announce its 2018 capital budget of approximately $132 million which includes $104 million of maintenance capital, $22 million in refurbishment capital and $6 million in corporate initiatives. In addition, approximately $7 million remaining from Calfrac's 2017 capital program is expected to be spent in 2018.
Nov 06, 2017 07:54 pm ET
Calfrac Announces Exercise of Warrants
CALGARY, Nov. 6, 2017 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX–CFW) is pleased to announce that Alberta Investment Management Corporation ("AIMCo") has exercised its warrants which were issued in conjunction with the senior secured second lien term loan facility (the "Term Loan") announced on June 10, 2016.
Oct 26, 2017 07:00 am ET
Calfrac Announces Third Quarter Results and Update on 2017 Capital Program
CALGARY, Oct. 26, 2017 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX-CFW) announces its financial and operating results for the three and nine months ended September 30, 2017.
Oct 11, 2017 06:36 pm ET
Calfrac Well Services Ltd. Third Quarter 2017 Earnings Release and Conference Call
CALGARY, Oct. 11, 2017 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its Third Quarter 2017 results before markets open on Thursday, October 26, 2017 and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.  If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call.  Calfrac's management team will be available to answer questions on the call. A webcast of the conference call may be acce
Sep 28, 2017 07:00 am ET
Calfrac Announces Extension and Amendment of Credit Facilities
CALGARY, Sept. 28, 2017 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX–CFW) is pleased to announce that it has entered into an agreement with its lenders which amends and extends its credit facilities (the "Credit Facilities"). The principal amendments to the Credit Facilities include, among others, the following items:
Jul 26, 2017 07:00 am ET
Calfrac Announces Second Quarter Results and Update on 2017 Capital Program
CALGARY, July 26, 2017 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX-CFW) announces its financial and operating results for the three and six months ended June 30, 2017.
Jul 05, 2017 07:10 pm ET
Calfrac Well Services Ltd. Second Quarter 2017 Earnings Release and Conference Call
CALGARY, July 5, 2017 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its Second Quarter 2017 results before markets open on Wednesday, July 26, 2017 and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.  If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call. Calfrac's management team will be available to answer questions on the call. A webcast of the conference call may be accesse
May 10, 2017 07:00 am ET
Calfrac Announces Voting Results of Election of Directors
CALGARY, May 10, 2017 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX–CFW) is pleased to announce that, at its annual and special meeting of shareholders held on May 9, 2017, each of the seven nominees proposed as a director and listed in its management information circular dated March 31, 2017 were elected as directors.  Detailed results of the voting for each nominee are set out below.
Apr 26, 2017 07:00 am ET
Calfrac Announces First Quarter Results and Update on 2017 Capital Program
CALGARY, April 26, 2017 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX-CFW) announces its financial and operating results for the three months ended March 31, 2017.
Apr 05, 2017 01:33 pm ET
Calfrac Well Services Ltd. First Quarter 2017 Earnings Release and Conference Call
CALGARY, April 5, 2017 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its First Quarter 2017 results before markets open on Wednesday, April 26, 2017 and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.  If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call.  Calfrac's management team will be available to answer questions on the call. A webcast of the conference call may be acces
Apr 03, 2017 06:00 pm ET
Calfrac Announces Equity Cure Election
CALGARY, April 3, 2017 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX–CFW) has provided notice to its banking syndicate that it has elected to use the first of its two fully-funded $25 million equity cures, effective as of the quarter ending June 30, 2017.  Calfrac has elected to trigger the first of its cures even though it is fully compliant with the financial covenants included in its credit agreement.
Feb 23, 2017 06:00 am ET
Calfrac Announces Fourth Quarter Results
CALGARY, Feb. 23, 2017 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX-CFW) announces its financial and operating results for the three months and year ended December 31, 2016.
Jan 31, 2017 06:04 pm ET
Calfrac Well Services Ltd. Fourth Quarter 2016 Earnings Release and Conference Call
CALGARY, Jan. 31, 2017 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its Fourth Quarter 2016 results before markets open on Thursday, February 23, 2017 and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day. If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call. A webcast of the conference call may be accessed via Calfrac's website at www.calfrac.com. An update regarding Calfrac's
Nov 24, 2016 07:54 am ET
IIROC Trade Resumption - CFW
TORONTO, Nov. 24, 2016 /CNW/ - Trading resumes in:
Nov 23, 2016 04:29 pm ET
IIROC Trading Halt - CFW
TORONTO, Nov. 23, 2016 /CNW/ - The following issues have been halted by IIROC:
Oct 27, 2016 07:00 am ET
Calfrac Announces Third Quarter Results
CALGARY, Oct. 27, 2016 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX-CFW) announces its financial and operating results for the three and nine months ended September 30, 2016.
Oct 12, 2016 02:52 pm ET
Calfrac Well Services Ltd. Third Quarter 2016 Earnings Release and Conference Call
CALGARY, Oct. 12, 2016 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its Third Quarter 2016 results before markets open on Thursday, October 27, 2016 and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day. If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call. A webcast of the conference call may be accessed via Calfrac's website at www.calfrac.com. An update regarding Calfrac's ac
Jul 28, 2016 07:00 am ET
Calfrac Announces Second Quarter Results
CALGARY, July 28, 2016 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX-CFW) announces its financial and operating results for the three and six months ended June 30, 2016.
Jul 14, 2016 06:13 pm ET
Calfrac Well Services Ltd. Second Quarter 2016 Earnings Release and Conference Call
CALGARY, July 14, 2016 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its Second Quarter 2016 results before markets open on Thursday, July 28, 2016 and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.  If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call.  A webcast of the conference call may be accessed via Calfrac's website at www.calfrac.com.  An update regarding Calfrac's a
Jun 10, 2016 09:45 am ET
Calfrac announces CDN$200 million debt-with-warrants financing
CALGARY, June 10, 2016 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX–CFW) announced today that it has closed a debt-with-warrants financing with Alberta Investment Management Corporation ("AIMCo"). 
May 11, 2016 06:59 am ET
Calfrac Announces Voting Results of Election of Directors
CALGARY, May 11, 2016 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX–CFW) is pleased to announce that, at its annual and special meeting of shareholders held on May 10, 2016, each of the seven nominees proposed as a director and listed in its management information circular dated March 31, 2016 were elected as directors.  Detailed results of the voting for each nominee are set out below.
Apr 28, 2016 06:55 am ET
Calfrac Announces First Quarter Results
CALGARY, April 28, 2016 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX-CFW) announces its financial and operating results for the three months ended March 31, 2016.
Mar 02, 2016 05:32 pm ET
Calfrac announces Interim CFO and provides update on restructuring efforts
CALGARY, March 2, 2016 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX–CFW) announced today that in connection with the previously announced retirement of Michael J. (Mick) McNulty,  Michael Olinek will assume the role of Interim Chief Financial Officer of Calfrac effective March 4, 2016.  Mr. Olinek joined Calfrac as Corporate Controller in August of 2006, and has served as Vice President, Finance since April of 2011.   
Feb 24, 2016 09:42 pm ET
Correction from Source: Calfrac Announces Fourth Quarter Results
CALGARY, Feb. 24, 2016 /CNW/ - A correction from source is being issued for the press release titled Calfrac Announces Fourth Quarter Results disseminated today at 7:44 AM ET. The definition of Fixed Charge Coverage Ratio as described in the Liquidity and Capital Resources section and Note 17 of the consolidated financial statements should have read as follows (addition underlined):
Feb 24, 2016 07:44 am ET
Calfrac Announces Fourth Quarter Results
CALGARY, Feb. 24, 2016 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX-CFW) announces its financial and operating results for the three months and year ended December 31, 2015.
Feb 02, 2016 05:06 pm ET
Calfrac Well Services Ltd. Fourth Quarter 2015 Earnings Release and Conference Call
CALGARY, Feb. 2, 2016 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) intends to release its Fourth Quarter 2015 results before markets open on Wednesday, February 24, 2016 and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.  If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call.  A webcast of the conference call may be accessed via Calfrac's website at www.calfrac.com.  An update regarding Calfrac