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CWC Energy Services Corp. (V:CWC)

Business Focus: Oil Related Services

Dec 12, 2019 03:00 pm ET
CWC Energy Services Corp. Announces 2020 Capital Expenditure Budget
CALGARY, Dec. 12, 2019 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that the Board of Directors has approved a 2020 capital expenditure budget of $6.7 million, $6.0 million of which is maintenance and infrastructure capital related to recertifications, additions and upgrades to field equipment for the drilling rig and service rig divisions as well as information technology infrastructure, with the remaining $0.7 million being growth capital to upgrade one of the drilling rigs. The 2020 capital expenditures budget is consistent with CWC's commi
Dec 05, 2019 08:00 am ET
CWC Energy Services Corp. Announces Issuance of Stock Options and Restricted Share Units
CALGARY, Dec. 5, 2019 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that the Board of Directors has approved the granting of 267,000 stock options and 4,339,545 restricted share units of the Company on December 4, 2019 to certain directors, officers and employees of the Company. The stock options have an exercise price of $0.10 per common share and expire five years from the date of grant with one-third vesting on each of the first, second and third anniversaries from the date of grant. Of the 4,339,545 restricted share units granted, 874,545 u
Nov 01, 2019 04:53 pm ET
CWC Energy Services Corp. Announces Third Quarter 2019 Financial and Operational Results
CALGARY, Nov. 1, 2019 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") announces the release of its operational and financial results for the three and nine months ended September 30, 2019. The Financial Statements and Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2019 are filed on SEDAR at www.sedar.com.
Jul 31, 2019 05:07 pm ET
CWC Energy Services Corp. Announces Second Quarter 2019 Results and Commencement of U.S. Drilling Rig Operations in June 2019
CALGARY, July 31, 2019 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") announces the release of its operational and financial results for the three and six months ended June 30, 2019. The Financial Statements and Management's Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2019 are filed on SEDAR at www.sedar.com.
Jun 25, 2019 02:28 pm ET
CWC Energy Services Corp. Announces Voting Results of Election of Board of Directors
CALGARY, June 25, 2019 /CNW/ - (TSXV:  CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that, at its annual general meeting of shareholders held June 25, 2019, each of the six nominees proposed as a director and listed in CWC's management information circular dated May 21, 2019 were elected as directors to serve until the next annual meeting of shareholders or until their successors are elected or appointed.  The results of the voting for each director are set out below:
May 02, 2019 04:15 pm ET
CWC Energy Services Corp. Announces First Quarter 2019 Results and Movement of Drilling Rigs to the United States
CALGARY, May 2, 2019 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") announces the release of its operational and financial results for the three months ended March 31, 2019. The Financial Statements and Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2019 are filed on SEDAR at www.sedar.com.
Apr 11, 2019 12:39 am ET
CWC Energy Services Corp. Renews Normal Course Issuer Bid for its Common Shares as an Automatic Securities Purchase Plan
CALGARY, April 10, 2019 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that it intends to renew its Normal Course Issuer Bid (the "Bid") to purchase for cancellation, from time to time, as CWC considers advisable, a maximum of 25,535,115 common shares (the "Common Shares"), subject to receipt of approval from the TSX Venture Exchange ("TSXV"). CWC has entered into an "automatic securities purchase plan" (as defined under applicable securities laws) with Raymond James Ltd. ("Raymond James") for the purpose of making purchases under the Bid (the "
Feb 28, 2019 06:57 pm ET
CWC Energy Services Corp. Announces Fourth Quarter and Year End 2018 Operational and Financial Results and Record 2018 Service Rig Operating Hours
CALGARY, Feb. 28, 2019 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") announces the release of its operational and financial results for the three months and year ended December 31, 2018. The Financial Statements and Management Discussion and Analysis ("MD&A") for the three months and year ended December 31, 2018 are filed on SEDAR at www.sedar.com.
Jan 16, 2019 03:26 pm ET
CWC Energy Services Corp. Announces 2019 Capital Expenditure Budget
CALGARY, Jan. 16, 2019 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that the Board of Directors has approved a 2019 capital expenditure budget of $5.4 million, all of which is maintenance and infrastructure capital related to recertifications, additions and upgrades to field equipment for the drilling rigs, service rigs and coil tubing divisions as well as information technology infrastructure. The outlook for 2019 is more uncertain than it has been in previous years. CWC will continuously monitor the activity of its fleet and will adjust the
Dec 06, 2018 05:49 pm ET
CWC Energy Services Corp. Announces Issuance of Restricted Share Units
CALGARY, Dec. 6, 2018 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that the Board of Directors has approved the granting of 2,661,000 restricted share units of the Company on December 6, 2018 to certain directors, officers and employees of the Company.  One third of the restricted share units granted vest annually on each of the first, second and third anniversaries from the date of grant and expire on December 15 of the third year following the year in which the restricted share units were granted.  
Oct 31, 2018 06:00 pm ET
CWC Energy Services Corp. Announces Third Quarter 2018 Operational and Financial Results
CALGARY, Oct. 31, 2018 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") announces the release of its operational and financial results for the three and nine months ended September 30, 2018. The Financial Statements and Management Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2018 are filed on SEDAR at www.sedar.com.
Aug 10, 2018 07:30 pm ET
CWC Energy Services Corp. Announces Second Quarter 2018 Results
CALGARY, Aug. 10, 2018 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") announces the release of its operational and financial results for the three and six months ended June 30, 2018. The Financial Statements and Management Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2018 are filed on SEDAR at www.sedar.com.
Jul 11, 2018 08:46 pm ET
CWC Energy Services Corp. Announces Amended Credit Facilities and Reduced Borrowing Costs
CALGARY, July 11, 2018 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") announces today a voluntary reduction of its borrowing base under its syndicated credit facility in order to reduce standby charges. The Company has also negotiated a new term credit facility with proceeds used to reduce borrowings under the syndicated credit facility.
Jun 14, 2018 06:36 pm ET
CWC Energy Services Corp. Announces Change of Auditors
CALGARY, June 14, 2018 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") announces today the resignation of KPMG LLP (the "Former Auditor") as auditor of the Company and the appointment of Ernst & Young LLP (the "Successor Auditor") of Calgary, Alberta as auditor for the Company effective June 14, 2018 until the close of the next annual general meeting of the shareholders of the Company.
May 03, 2018 04:43 pm ET
CWC Energy Services Corp. Announces Voting Results of Election of Board of Directors
CALGARY, May 3, 2018 /CNW/ - (TSXV:  CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that, at its annual general meeting of shareholders held May 3, 2018, each of the six nominees proposed as a director and listed in CWC's management information circular dated April 2, 2018 were elected as directors to serve until the next annual meeting of shareholders or until their successors are elected or appointed.  The results of the voting for each director are set out below:
May 02, 2018 07:29 pm ET
CWC Energy Services Corp. Announces First Quarter 2018 Results and Record Q1 2018 Revenue and Service Rig Operating Hours
CALGARY, May 2, 2018 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") announces the release of its operational and financial results for the three months ended March 31, 2018. The Financial Statements and Management Discussion and Analysis ("MD&A") for the three months ended March 31, 2018 are filed on SEDAR at www.sedar.com.
Apr 09, 2018 04:30 pm ET
CWC Energy Services Corp. Renews Normal Course Issuer Bid for its Common Shares as an Automatic Securities Purchase Plan
CALGARY, April 9, 2018 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that it intends to renew its Normal Course Issuer Bid (the "Bid") to purchase for cancellation, from time to time, as CWC considers advisable, a maximum of 26,057,889 common shares (the "Common Shares"), subject to receipt of approval from the TSX Venture Exchange ("TSXV"). CWC has entered into an "automatic securities purchase plan" (as defined under applicable securities laws) with Raymond James Ltd. ("Raymond James") for the purpose of making purchases under the Bid (the "A
Feb 28, 2018 05:03 pm ET
CWC Energy Services Corp. Announces Fourth Quarter and Year End 2017 Operational and Financial Results and Record 2017 Service Rig Operating Hours
CALGARY, Feb. 28, 2018 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") announces the release of its operational and financial results for the three months and year ended December 31, 2017. The Financial Statements and Management Discussion and Analysis ("MD&A") for the three months and year ended December 31, 2017 are filed on SEDAR at www.sedar.com.
Dec 14, 2017 05:46 pm ET
CWC Energy Services Corp. Announces Issuance of Stock Options and Restricted Share Units
CALGARY, Dec. 14, 2017 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that the Board of Directors has approved the granting of 8,307,000 stock options and 2,607,000 restricted share units of the Company on December 14, 2017 to certain directors, officers and employees of the Company.  The stock options have an exercise price of $0.20 per common share and expire five years from the date of grant with one-third vesting on each of the first, second and third anniversaries from the date of grant.  The restricted share units granted vest one third an
Dec 13, 2017 06:55 pm ET
CWC Energy Services Corp. Completes Fully Subscribed Rights Offering and Announces 2018 Capital Expenditure Budget
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES NEWS WIRE SERVICES./
Dec 11, 2017 04:00 pm ET
CWC Energy Services Corp. Announces Management Changes
CALGARY, Dec. 11, 2017 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that Stuart King, CPA, CA has accepted the position of Chief Financial Officer effective December 11, 2017.
Nov 06, 2017 09:00 am ET
CWC Energy Services Announces Closing of Acquisition from C&J Energy Services to Become the Largest Active Service Rig Contractor in Canada
CALGARY, Nov. 6, 2017 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that it has completed the previously announced acquisition of all of the service and swabbing rig assets and ongoing operations of C&J Energy Production Services-Canada Ltd. ("C&J Canada") from C&J Energy Services, Inc. for total consideration of CDN $37.5 million in cash (the "Transaction").
Nov 01, 2017 07:05 pm ET
CWC Energy Services Corp. Announces Third Quarter 2017 Operational and Financial Results
CALGARY, Nov. 1, 2017 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") announces the release of its operational and financial results for the three and nine months ended September 30, 2017. The interim Financial Statements and Management Discussion and Analysis ("MD&A") for the three months and nine ended September 30, 2017 are filed on SEDAR at www.sedar.com.
Oct 30, 2017 10:00 am ET
Aug 02, 2017 08:44 pm ET
CWC Energy Services Corp. Announces Second Quarter 2017 Operational and Financial Results
CALGARY, Aug. 2, 2017 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") announces the release of its operational and financial results for the three and six months ended June 30, 2017. The interim Financial Statements and Management Discussion and Analysis ("MD&A") for the three months and six ended June 30, 2017 are filed on SEDAR at www.sedar.com.
May 04, 2017 07:10 pm ET
CWC Energy Services Corp. Announces Voting Results of Election of Board of Directors
CALGARY, May 4, 2017 /CNW/ - (TSXV:  CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that, at its annual general and special meeting of shareholders held May 4, 2017, each of the six nominees proposed as a director and listed in CWC's management information circular dated March 30, 2017 were elected as directors to serve until the next annual meeting of shareholders or until their successors are elected or appointed.  The results of the voting for each director are set out below:
May 04, 2017 09:03 am ET
CWC Energy Services Corp. Initiates Review of Strategic Alternatives
CALGARY, May 4, 2017 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that in light of improving oilfield activity and emerging opportunities for consolidation within the industry, the Company has initiated a process to review strategic alternatives with a view to maximizing shareholder value by capitalizing on CWC's strong financial and operational performance, market share and attractive fleet of modern assets.  This process has been unanimously approved by the Company's Board of Directors and it has the full support of the Company's management
May 02, 2017 07:52 pm ET
CWC Energy Services Corp. Announces First Quarter 2017 Operational and Financial Results
CALGARY, May 2, 2017 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") announces the release of its operational and financial results for the three months ended March 31, 2017. The interim Financial Statements and Management Discussion and Analysis ("MD&A") for the three months ended March 31, 2017 are filed on SEDAR at www.sedar.com.
Apr 04, 2017 06:20 pm ET
CWC Energy Services Corp. Renews Normal Course Issuer Bid for its Common Shares as an Automatic Securities Purchase Plan
CALGARY, April 4, 2017 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that it intends to renew its Normal Course Issuer Bid (the "Bid") to purchase for cancellation, from time to time, as CWC considers advisable, a maximum of 19,653,292 common shares (the "Common Shares"), subject to receipt of approval from the TSX Venture Exchange ("TSXV"). CWC has entered into an "automatic securities purchase plan" (as defined under applicable securities laws) with Raymond James Ltd. ("Raymond James") for the purpose of making purchases under the Bid (the "A
Feb 28, 2017 10:15 pm ET
CWC Energy Services Corp. Announces Fourth Quarter and Year End 2016 Operational and Financial Results
CALGARY, Feb. 28, 2017 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") announces the release of its operational and financial results for the three and twelve months ended December 31, 2016. The Financial Statements and Management Discussion and Analysis ("MD&A") for the three and twelve months ended December 31, 2016 are filed on SEDAR at www.sedar.com.
Dec 07, 2016 06:45 pm ET
CWC Energy Services Corp. Announces Issuance of Stock Options and Restricted Share Units
CALGARY, Dec. 7, 2016 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that the Board of Directors has approved the granting of 5,591,000 stock options and 4,001,333 restricted share units of the Company on December 7, 2016 to certain directors, officers and employees of the Company.  The stock options have an exercise price of $0.19 per common share and expire five years from the date of grant with one-third vesting on each of the first, second and third anniversaries from the date of grant.  Of the 4,001,333 restricted share units granted, 2,133
Dec 06, 2016 06:27 pm ET
CWC Energy Services Corp. Announces 2017 Capital Expenditure Budget
CALGARY, Dec. 6, 2016 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that the Board of Directors has approved a 2017 capital expenditure budget of $5.9 million, $0.5 million of which is growth capital to improve certain well servicing equipment while the remaining $5.4 million is maintenance and infrastructure capital related to recertifications, additions and upgrades to field equipment for the drilling rigs, service rigs and coil tubing divisions as well as information technology infrastructure. The increase to the 2017 capital expenditures bu
Nov 03, 2016 07:47 pm ET
CWC Energy Services Corp. Announces Third Quarter 2016 Operational and Financial Results
CALGARY, Nov. 3, 2016 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") announces the release of its operational and financial results for the three and nine months ended September 30, 2016. The interim Financial Statements and Management Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2016 are filed on SEDAR at www.sedar.com.
Jun 23, 2016 06:52 pm ET
CWC Energy Services Corp. Announces Voting Results of Election of Board of Directors
CALGARY, June 23, 2016 /CNW/ - (TSXV:  CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that, at its annual general and special meeting of shareholders held June 23, 2016, each of the six nominees proposed as a director and listed in CWC's management information circular dated May 19, 2016 were elected as directors to serve until the next annual meeting of shareholders or until their successors are elected or appointed.  The results of the voting for each director are set out below:
Jun 03, 2016 06:28 pm ET
CWC Energy Services Corp. Renews Normal Course Issuer Bid for its Common Shares
CALGARY, June 3, 2016 /CNW/ - (TSXV:  CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that it intends to renew its Normal Course Issuer Bid (the "Bid") to purchase for cancellation, from time to time, as CWC considers advisable, a maximum of 19,512,200 common shares (the "Common Shares"), subject to receipt of approval from the TSX Venture Exchange ("TSXV"). The maximum number of Common Shares to be purchased pursuant to the Bid represents approximately 5% of the outstanding Common Shares on the date hereof. Purchases of Common Shares will be made on the open m
Jun 02, 2016 06:11 pm ET
CWC Energy Services Corp. Completes Oversubscribed Rights Offering
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES NEWS WIRE SERVICES./
May 11, 2016 07:40 pm ET
CWC Energy Services Corp. Announces First Quarter 2016 Operational and Financial Results
CALGARY, May 11, 2016 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") announces the release of its operational and financial results for the three months ended March 31, 2016. The interim Financial Statements and Management Discussion and Analysis ("MD&A") for the three months ended March 31, 2016 are filed on SEDAR at www.sedar.com.
Apr 15, 2016 06:26 pm ET
CWC Energy Services Corp. Announces Amendments to its Credit Facilities and Additions to Management Team
CALGARY, April 15, 2016 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that it has reached an agreement with its banking syndicate to make certain amendments to its credit facilities.  
Mar 18, 2016 07:38 pm ET
CWC Energy Services Corp. Announces Management Changes
CALGARY, March 18, 2016 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") announced today that Ron Sutley, Vice President, Operations (Drilling), has given notice to CWC of his intention to retire from the Company and that the Board of Directors has accepted his resignation and retirement.  Cam Armstrong, Operations Manager, will assume the duties of Mr. Sutley on an interim basis and report directly to Duncan Au, President and Chief Executive Officer.  CWC has initiated a search to identify candidates to replace Mr. Sutley.
Mar 11, 2016 05:03 pm ET
CWC Energy Services Corp. Announces Issuance of Stock Options
CALGARY, March 11, 2016 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that the Board of Directors has approved the granting of 3,700,000 stock options of the Company on March 11, 2016 to certain officers and employees of the Company.  The stock options have an exercise price of $0.175 per common share and expire five years from the date of grant with one-third vesting on each of the first, second and third anniversaries from the date of grant.  After this stock option grant, the Company has 18,100,000 stock options and 2,280,001 restricted shar
Mar 10, 2016 08:32 pm ET
CWC Energy Services Corp. Announces Fourth Quarter and Year End 2015 Financial and Operational Results
CALGARY, March 10, 2016 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") announces its financial and operational results for the fourth quarter and year ended December 31, 2015.