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CWC Energy Services Corp. (V:CWC)

Business Focus: N/A

Nov 08, 2023 04:15 pm ET
Canadian Investment Regulatory Organization Trading Halt - CWC
VANCOUVER, BC, Nov. 8, 2023 /CNW/ - The following issues have been halted by CIRO
Nov 08, 2023 03:00 pm ET
CWC ENERGY SERVICES CORP. ANNOUNCES CLOSING OF ARRANGEMENT WITH PRECISION DRILLING CORPORATION
CALGARY, AB, Nov. 8, 2023 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that it has closed its previously announced plan of arrangement with Precision Drilling Corporation (TSX: PD; NYSE: PDS) ("Precision") under the Business Corporations Act (Alberta) (the "Arrangement").
Nov 06, 2023 03:12 pm ET
CWC ENERGY SERVICES CORP. ANNOUNCES SHAREHOLDER APPROVAL FOR ARRANGEMENT WITH PRECISION DRILLING CORPORATION
CALGARY, AB, Nov. 6, 2023 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that at its special meeting of shareholders held earlier today (the "Meeting), the shareholders of CWC ("CWC Shareholders") passed a special resolution (the "Arrangement Resolution") approving a statutory arrangement (the "Arrangement") pursuant to section 193 of the Business Corporations Act (Alberta), pursuant to which Precision Drilling Corporation ("Precision") will acquire all issued and outstanding common shares of CWC (the "CWC Shares") for consideration of cash and
Sep 07, 2023 06:00 am ET
Precision Drilling Announces Acquisition of CWC Energy Services
This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the...
Sep 07, 2023 06:00 am ET
CWC ENERGY SERVICES CORP. ANNOUNCES STRATEGIC COMBINATION WITH PRECISION DRILLING CORPORATION
CALGARY, AB, Sept. 7, 2023 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that it has entered into a definitive agreement (the "Agreement") to combine with Precision Drilling Corporation (TSX:PD; NYSE:PDS) ("Precision") in a cash and share transaction (the "Transaction").
Jul 27, 2023 04:44 pm ET
CWC ENERGY SERVICES CORP. ANNOUNCES SECOND QUARTER 2023 OPERATIONAL AND FINANCIAL RESULTS
CALGARY, AB, July 27, 2023 /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, 2023. The Financial Statements and Management Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2023 are filed on SEDAR+ at www.sedarplus.ca.
May 18, 2023 04:01 pm ET
CWC ENERGY SERVICES CORP. ANNOUNCES VOTING RESULTS OF ELECTION OF BOARD OF DIRECTORS
CALGARY, AB, May 18, 2023 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that at its annual general meeting of shareholders held earlier today (the "Meeting"), each of the seven nominees proposed as a director and listed in CWC's management information circular dated April 10, 2023 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:
Apr 27, 2023 04:08 pm ET
CWC ENERGY SERVICES CORP. ANNOUNCES FIRST QUARTER 2023
OPERATIONAL AND FINANCIAL RESULTS AND RECORD Q1 REVENUE
Mar 01, 2023 03:02 pm ET
CWC ENERGY SERVICES CORP. ANNOUNCES RECORD FOURTH QUARTER AND YEAR END 2022 OPERATIONAL AND FINANCIAL RESULTS AND INCREASE TO 2023 CAPITAL EXPENDITURE BUDGET
CALGARY, AB, March 1, 2023 /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, 2022. The Financial Statements and Management Discussion and Analysis ("MD&A") for the three months and year ended December 31, 2022 are filed on SEDAR at www.sedar.com.
Dec 05, 2022 04:48 pm ET
CWC ENERGY SERVICES CORP. ANNOUNCES 2023 CAPITAL EXPENDITURE BUDGET AND ISSUANCE OF RESTRICTED SHARE UNITS
CALGARY, AB, Dec. 5, 2022 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that its Board of Directors have approved a 2023 capital expenditure budget of $26.3 million including $4.0 million of 2022 capital expenditure that will be carried forward into 2023. Of this $26.3 million, $6.7 million is for maintenance and infrastructure capital related to re-certifications, additions and upgrades to field equipment for the drilling rig and service rig divisions as well as information technology infrastructure, with the remaining $15.6 million being for
Nov 14, 2022 07:00 am ET
CWC ENERGY SERVICES CORP. REINSTATES NORMAL COURSE ISSUER BID FOR ITS COMMON SHARES AS AN AUTOMATIC SECURITIES PURCHASE PLAN
CALGARY, AB, Nov. 14, 2022 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that it filed with the TSX Venture Exchange ("TSXV") a Notice of Intention to make a Normal Course Issuer Bid (the "Bid") to purchase for cancellation, from time to time, as CWC considers advisable, a maximum of 25,620,671 common shares (the "Common Shares"). 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 "ASPP"). Such
Oct 28, 2022 04:01 pm ET
CWC ENERGY SERVICES CORP. ANNOUNCES RECORD THIRD QUARTER AND YEAR-TO-DATE 2022 OPERATIONAL AND FINANCIAL RESULTS
CALGARY, AB, Oct. 28, 2022 /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, 2022. The Financial Statements and Management Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2022 are filed on SEDAR at www.sedar.com.
Oct 11, 2022 01:59 pm ET
CWC Energy Services Corp. Invites You to Join Us at the Schachter Catch the Energy Conference in Calgary
Calgary, Alberta--(Newsfile Corp. - October 11, 2022) - CWC Energy Services Corp. (TSXV: CWC) will be participating in the Schachter Catch the Energy Conference, which will take place on Saturday, October 22nd at Calgary Mount Royal University.
Jul 29, 2022 04:03 pm ET
CWC ENERGY SERVICES CORP. ANNOUNCES RECORD SECOND QUARTER AND YEAR-TO-DATE 2022 OPERATIONAL AND FINANCIAL RESULTS AND AMENDMENT AND EXTENSION OF ITS CREDIT FACILITIES
CALGARY, AB, July 29, 2022 /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, 2022. The Financial Statements and Management Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2022 are filed on SEDAR at www.sedar.com.
Jun 28, 2022 04:17 pm ET
CWC ENERGY SERVICES CORP. ANNOUNCES VOTING RESULTS OF ELECTION AND CHANGES TO ITS BOARD OF DIRECTORS
CALGARY, AB, June 28, 2022 /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 28, 2022, each of the seven nominees proposed as a director and listed in CWC's management information circular dated May 24, 2022 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 24, 2022 04:16 pm ET
CWC ENERGY SERVICES CORP. ANNOUNCES ACQUISITION OF 3 HIGH-SPEC AC TRIPLE DRILLING RIGS FURTHER EXPANDING ITS U.S. PRESENCE
CALGARY, AB, June 24, 2022 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that its wholly-owned subsidiary, CWC Energy Services (USA) Corp., has closed the acquisition of three (3) high-spec AC triple drilling rigs and critical spare components including all related and ancillary equipment and inventory for total cash consideration of US$7.4 million (approximately C$9.6 million) (the "Acquisition"). The Acquisition further expands CWC's presence in the U.S. increasing the Company's active drilling fleet to 22 drilling rigs comprised of seven (7)
Apr 29, 2022 04:05 pm ET
CWC ENERGY SERVICES CORP. ANNOUNCES FIRST QUARTER 2022 OPERATIONAL AND FINANCIAL RESULTS
CALGARY, AB, April 29, 2022 /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, 2022. The Financial Statements and Management Discussion and Analysis ("MD&A") for the three months ended March 31, 2022 are filed on SEDAR at www.sedar.com.
Apr 18, 2022 12:19 pm ET
CWC ENERGY SERVICES CORP. ANNOUNCES CHANGE OF ADDRESS
CALGARY, AB, April 18, 2022 /CNW/ -– (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that effective April 18, 2022, the Company has moved its head office to the following address:
Mar 02, 2022 05:20 pm ET
CWC ENERGY SERVICES CORP. ANNOUNCES FOURTH QUARTER AND YEAR END 2021 OPERATIONAL AND FINANCIAL RESULTS
CALGARY, AB, March 2, 2022 /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, 2021. The Financial Statements and Management Discussion and Analysis ("MD&A") for the three months and year ended December 31, 2021 are filed on SEDAR at www.sedar.com.
Dec 06, 2021 10:08 pm ET
CWC Energy Services Corp. Announces 2022 Capital Expenditure Budget
CALGARY, AB, Dec. 6, 2021 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that its Board of Directors have approved a 2022 capital expenditure budget of $9.9 million. Of this $9.9 million, $6.9 million is for maintenance and infrastructure capital related to re-certifications, additions and upgrades to field equipment for the drilling rig and service rig divisions as well as information technology infrastructure, with the remaining $3.0 million being for growth capital to upgrade one of the drilling rigs and to purchase additional strings of spec
Dec 01, 2021 06:15 pm ET
CWC Energy Services Corp. Announces Issuance of Restricted Share Units
CALGARY, AB, Dec. 1, 2021 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that its Board of Directors have approved the granting of 7,218,000 restricted share units of the Company today to certain directors, officers and employees of the Company. The restricted share units granted vest one third 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 are granted.
Nov 09, 2021 04:43 pm ET
CWC Energy Services Corp. Announces Closing of the Strategic Acquisition of 10 High-Spec Triple Drilling Rigs, Expanding Its U.S. Presence and Doubling its Active Drilling Fleet
CALGARY, AB, Nov. 9, 2021 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that its wholly-owned subsidiary, CWC Energy Services (USA) Corp., has completed the previously announced acquisition of ten (10) high-spec triple drilling rigs and all related and ancillary equipment and inventory from a privately held contract drilling company based in Casper, Wyoming for total cash consideration of US$17.3 million (approximately C$21.4 million) (the "Acquisition"). The Acquisition further expands CWC's presence in the U.S. and more than doubles the si
Nov 01, 2021 08:00 am ET
CWC Energy Services Corp. Announces Strategic Acquisition of 10 High-Spec Triple Drilling Rigs Further Expanding its U.S. Presence and Doubling its Active Drilling Fleet
CALGARY, AB, Oct. 31, 2021 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that its wholly-owned subsidiary, CWC Energy Services (USA) Corp., has entered into a definitive agreement to acquire ten (10) active high-spec triple drilling rigs and all related and ancillary equipment and inventory from a privately held contract drilling company based in Casper, Wyoming for total cash consideration of US$17.3 million (approximately C$21.4 million) (the "Acquisition"). The Acquisition further expands CWC's presence in the U.S. and more than doubles the
Oct 28, 2021 04:01 pm ET
CWC Energy Services Corp. Announces Third Quarter 2021 Operational and Financial Results
CALGARY, AB, Oct. 28, 2021 /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, 2021. The Financial Statements and Management Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2021 are filed on SEDAR at www.sedar.com.
Aug 27, 2021 04:01 pm ET
CWC Energy Services Corp. Announces Sale of its Swabbing Rig Business
CALGARY, AB, Aug. 27, 2021 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that it has divested of its swabbing rig assets and business. The cash proceeds from the sale will be used to pay down debt and for general corporate purposes.
Jul 29, 2021 04:45 pm ET
CWC Energy Services Corp. Announces Second Quarter 2021 Operational And Financial Results and Record Q2 Adjusted EBITDA
CALGARY, AB, July 29, 2021 /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, 2021. The Financial Statements and Management Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2021 are filed on SEDAR at www.sedar.com.
Jun 16, 2021 05:36 pm ET
CWC Energy Services Corp. Announces Voting Results of Election of Board of Directors
CALGARY, AB, June 16, 2021 /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 16, 2021, each of the six nominees proposed as a director and listed in CWC's management information circular dated May 12, 2021 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 14, 2021 09:25 am ET
CWC Energy Services Corp. Announces the Release of Inaugural ESG Report
CALGARY, AB, June 14, 2021 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce the release of its inaugural Environmental, Social and Governance ("ESG") Report for 2021. The ESG Report covers performance metrics for the 2018 to 2020 fiscal and calendar years and is available on the Company's website at www.cwcenergyservices.com.
Apr 29, 2021 04:34 pm ET
CWC Energy Services Corp. Announces First Quarter 2021 Operational and Financial Results
CALGARY, AB, April 29, 2021 /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, 2021. The Financial Statements and Management Discussion and Analysis ("MD&A") for the three months ended March 31, 2021 are filed on SEDAR at www.sedar.com.
Mar 04, 2021 03:01 pm ET
CWC Energy Services Corp. Announces Fourth Quarter and Year End 2020 Operational and Financial Results and Extension of its Credit Facilities
CALGARY, AB, March 4, 2021 /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, 2020. The Financial Statements and Management Discussion and Analysis ("MD&A") for the three months and year ended December 31, 2020 are filed on SEDAR at www.sedar.com.
Dec 03, 2020 03:05 pm ET
CWC Energy Services Corp. Announces 2021 Capital Expenditure Budget and Issuance of Restricted Share Units
CALGARY, AB, Dec. 3, 2020 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that the Board of Directors has approved a 2021 capital expenditure budget of $3.9 million which includes $0.8 million carried over from the 2020 capital expenditure budget. Of this $3.9 million, $2.7 million is for maintenance and infrastructure capital related to re-certifications, additions and upgrades to field equipment for the drilling rig and service rig divisions as well as information technology infrastructure, with the remaining $1.2 million being growth capita
Nov 06, 2020 03:00 pm ET
CWC Energy Services Corp. Announces Third Quarter 2020 Operational and Financial Results
CALGARY, AB, Nov. 6, 2020 /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, 2020. The Financial Statements and Management Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2020 are filed on SEDAR at www.sedar.com.
Aug 11, 2020 04:00 pm ET
CWC Energy Services Corp. Announces Voting Results of Election of Board of Directors
CALGARY, AB, Aug. 11, 2020 /CNW/ - (TSXV:  CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that, at its annual general meeting of shareholders held August 11, 2020, each of the six nominees proposed as a director and listed in CWC's management information circular dated July 7, 2020 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:
Jul 30, 2020 04:00 pm ET
CWC Energy Services Corp. Announces Second Quarter 2020 Operational and Financial Results
CALGARY, AB, July 30, 2020 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") announces the release of its operational and financial results for the three and months ended June 30, 2020. The Financial Statements and Management Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2020 are filed on SEDAR at www.sedar.com.
Apr 30, 2020 04:54 pm ET
CWC Energy Services Corp. Announces First Quarter 2020 Operational and Financial Results and $10.3 Million in Annual Cash Saving Initiatives
CALGARY, April 30, 2020 /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, 2020. The Financial Statements and Management Discussion and Analysis ("MD&A") for the three months ended March 31, 2020 are filed on SEDAR at www.sedar.com.
Apr 13, 2020 05:25 pm ET
CWC Energy Services Corp. Renews Normal Course Issuer Bid for its Common Shares as an Automatic Securities Purchase Plan
CALGARY, April 13, 2020 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that it will renew its Normal Course Issuer Bid (the "Bid") to purchase for cancellation, from time to time, as CWC considers advisable, a maximum of 25,340,742 common shares (the "Common Shares"), subject to the approval of 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 "ASPP"). Such pu
Feb 28, 2020 05:08 pm ET
CWC Energy Services Corp. Announces Fourth Quarter and Year End 2019 Operational and Financial Results
CALGARY, Feb. 28, 2020 /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, 2019. The Financial Statements and Management Discussion and Analysis ("MD&A") for the three months and year ended December 31, 2019 are filed on SEDAR at www.sedar.com.
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.