Savanna Energy Services Corp. (T:SVY)
Business Focus: N/A
Jun 20, 2017 02:25 pm ET
Total Energy Services Inc. Completes Acquisition of Savanna Energy Services Corp.
Total Energy Services Inc. ("Total Energy") (TSX:TOT) and Savanna Energy Services Corp. ("Savanna") (TSX:SVY) announced today that Total Energy has completed its acquisition of Savanna.
Earlier today, at a special meeting held in Calgary,...
Jun 20, 2017 02:25 pm ET
Total Energy Services Inc. Completes Acquisition of Savanna Energy Services Corp.
Total Energy Services Inc. ("Total Energy") (TSX: TOT) and Savanna Energy Services Corp. ("Savanna") (TSX: SVY) announced today that Total Energy has completed its acquisition of Savanna.
Jun 20, 2017 11:49 am ET
Savanna Energy Services Corp. Announces Shareholder Approval of Amalgamation With Subsidiary of Total Energy Services Inc.
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) announces that at its special meeting of shareholders (the "Meeting") held earlier today, holders ("Savanna Shareholders") of common shares of Savanna ("Savanna Shares") approved the amalgamation...
Jun 20, 2017 11:49 am ET
Savanna Energy Services Corp. Announces Shareholder Approval of Amalgamation With Subsidiary of Total Energy Services Inc.
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) announces that at its special meeting of shareholders (the "Meeting") held earlier today, holders ("Savanna Shareholders") of common shares of Savanna ("Savanna Shares") approved the amalgamation (the "Amalgamation") of Savanna and 2043224 Alberta Ltd., a wholly owned subsidiary of Total Energy Services Inc. ("Total Energy").
May 19, 2017 05:04 pm ET
Total Energy Services Inc. and Savanna Energy Services Corp. Announce Proposed Amalgamation of Savanna and 2043324 Alberta Ltd.
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) and Total Energy Services Inc. ("Total Energy") (TSX:TOT) announced today that they have entered into an amalgamation agreement (the "Amalgamation Agreement") with 2043324 Alberta Ltd. ("2043324"),...
May 19, 2017 05:03 pm ET
Total Energy Services Inc. and Savanna Energy Services Corp. Announce Proposed Amalgamation of Savanna and 2043324 Alberta Ltd.
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) and Total Energy Services Inc. ("Total Energy") (TSX: TOT) announced today that they have entered into an amalgamation agreement (the "Amalgamation Agreement") with 2043324 Alberta Ltd. ("2043324"), a wholly-owned subsidiary of Total Energy, under which Savanna will amalgamate with 2043324, with the amalgamated entity ("Amalco") becoming an wholly-owned subsidiary of Total Energy (the "Amalgamation").
May 18, 2017 05:15 pm ET
Savanna Energy Services Corp. Announces Executive Appointment
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) is pleased to announce the appointment of Lyle Whitmarsh as President of Savanna. Mr. Whitmarsh currently serves on the Board of Directors of Savanna and will assume the duties of President effective June 1, 2017.
May 18, 2017 05:13 pm ET
Savanna Energy Services Corp. Announces Executive Appointment
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) is pleased to announce the appointment of Lyle Whitmarsh as President of Savanna. Mr. Whitmarsh currently serves on the Board of Directors of Savanna and will assume the duties of President...
May 12, 2017 07:03 pm ET
Savanna Energy Services Corp. Announces First Quarter 2017 Results and Temporary Waiver Amendment and Extension from Syndicated Credit Facility Lenders
First Quarter Results
Savanna (TSX:SVY) generated revenue of $117.3 million, EBITDAS of $10.8 million and a net loss, attributable to shareholders of the Company, of $19.8 million or $0.17 per share in the first quarter of 2017, compared...
May 12, 2017 07:02 pm ET
Apr 28, 2017 06:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
A Deletion from the S&P/TSX SmallCap Index
Apr 24, 2017 04:51 pm ET
Savanna Announces Change of Control Offer for Outstanding Senior Notes and Temporary Waiver from Syndicated Credit Facility Lenders
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) announces that, in connection with the acquisition by Total Energy Services Inc. ("Total") of more than 50% of the outstanding common shares of Savanna pursuant to Total's offer to purchase all of...
Apr 24, 2017 04:51 pm ET
Savanna Announces Change of Control Offer for Outstanding Senior Notes and Temporary Waiver from Syndicated Credit Facility Lenders
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) announces that, in connection with the acquisition by Total Energy Services Inc. ("Total") of more than 50% of the outstanding common shares of Savanna pursuant to Total's offer to purchase all of the common shares of Savanna (the "Change of Control"), Savanna has issued a Notice of Change of Control and Change of Control Offer (the "Offer") to repurchase the outstanding Cdn. $107.085 million aggregate principal amount of 7.00% senior unsecured notes of Savanna due 2018 (the "Notes") at a
Apr 20, 2017 03:33 pm ET
Savanna to Release Q1 2017 Results on May 12, 2017
Savanna Energy Services Corp. ("Savanna" or the "Company") (TSX:SVY) intends to release its First Quarter 2017 results after markets close on Friday, May 12, 2017. The results will be available on the Company's web site after the dissemination...
Apr 20, 2017 03:33 pm ET
Savanna to Release Q1 2017 Results on May 12, 2017
Savanna Energy Services Corp. ("Savanna" or the "Company") (TSX: SVY) intends to release its First Quarter 2017 results after markets close on Friday, May 12, 2017. The results will be available on the Company's web site after the dissemination has taken place over the news wire service.
Apr 18, 2017 01:56 pm ET
Savanna Announces Receipt of Demand for Payment of Termination Fee
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) announces it has received a demand (the "Notice") from Western Energy Services Corp. ("Western") for payment of a termination fee in the amount of $20 million pursuant to the arrangement agreement...
Apr 18, 2017 01:55 pm ET
Savanna Announces Receipt of Demand for Payment of Termination Fee
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) announces it has received a demand (the "Notice") from Western Energy Services Corp. ("Western") for payment of a termination fee in the amount of $20 million pursuant to the arrangement agreement between Savanna and Western dated March 8, 2017, as amended on March 14, 2017 (the "Arrangement Agreement"). Savanna terminated the Arrangement Agreement on March 28, 2017 following the acquisition by Total Energy Services Inc. of over 50% of the outstanding common shares of Savanna. Pursuant to the Notice,
Apr 11, 2017 09:12 pm ET
Savanna Announces Receipt of Demand for Payment Pursuant to Second Lien Credit Facility
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) announces it has received a notice (the "Notice") of an event of default pursuant to its second lien credit facility with Alberta Investment Management Corporation ("AIMCo") as a result of the acquisition by Total Energy Services Inc. ("Total") of more than 50% of the outstanding common shares of Savanna and Savanna's failure to pay the obligations owing pursuant to the facility as a result of such change of control. Pursuant to the Notice, AIMCo has demanded the immediate payment of all obligations
Apr 11, 2017 09:12 pm ET
Savanna Announces Receipt of Demand for Payment Pursuant to Second Lien Credit Facility
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) announces it has received a notice (the "Notice") of an event of default pursuant to its second lien credit facility with Alberta Investment Management Corporation ("AIMCo") as a result of the...
Apr 05, 2017 12:15 pm ET
Savanna Energy Services Corp. and Total Energy Services Inc. Announce Reconstituted Savanna Board of Directors
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) and Total Energy Services Inc. ("Total Energy") (TSX: TOT) announced today that the board of directors of Savanna (the "Savanna Board") has been reconstituted following Total Energy's recent acquisition of common shares of Savanna (as announced by Total Energy on March 25, 2017) and the termination by Savanna of its arrangement agreement with Western Energy Services Corp. (as announced by Savanna on March 29, 2017). Effective today, all of the directors of Savanna, with the exception of Mr. Allen Brooks,
Apr 05, 2017 12:13 pm ET
Savanna Energy Services Corp. and Total Energy Services Inc. Announce Reconstituted Savanna Board of Directors
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) and Total Energy Services Inc. ("Total Energy") (TSX:TOT) announced today that the board of directors of Savanna (the "Savanna Board") has been reconstituted following Total Energy's recent...
Apr 03, 2017 08:16 pm ET
Savanna Announces Considerations for Minority Shareholders
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) wishes to address certain matters with respect to Total Energy Services Inc.'s ("Total") announcements that it has acquired over 50% of the outstanding common shares of Savanna pursuant to its offer to purchase all of the common shares (the "Savanna Shares") of Savanna (the "Total Offer").
Apr 03, 2017 08:16 pm ET
Savanna Announces Considerations for Minority Shareholders
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) wishes to address certain matters with respect to Total Energy Services Inc.'s ("Total") announcements that it has acquired over 50% of the outstanding common shares of Savanna pursuant to its...
Mar 29, 2017 07:30 am ET
Savanna Announces Termination of Arrangement Agreement With Western Energy Services Corp.
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) announces it has terminated the arrangement agreement with Western Energy Services Corp. ("Western"), pursuant to which Western had agreed to acquire all of the outstanding common shares of Savanna on the basis of 0.85 of a common share of Western and $0.21 in cash per common share of Savanna.
Mar 29, 2017 07:28 am ET
Savanna Announces Termination of Arrangement Agreement With Western Energy Services Corp.
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) announces it has terminated the arrangement agreement with Western Energy Services Corp. ("Western"), pursuant to which Western had agreed to acquire all of the outstanding common shares of Savanna...
Mar 27, 2017 07:30 am ET
Savanna Announces Impact of Total Offer
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) today acknowledges Total Energy Services Inc.'s ("Total") announcement that it has satisfied its minimum tender condition of 50.1% pursuant to its unsolicited offer to purchase all of the common shares of Savanna (the "Savanna Shares") on the basis of 0.13 common shares of Total and $0.20 in cash for each Savanna Share (the "Total Offer") and has taken up the Savanna Shares tendered to the Total Offer.
Mar 27, 2017 07:28 am ET
Savanna Announces Impact of Total Offer
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) today acknowledges Total Energy Services Inc.'s ("Total") announcement that it has satisfied its minimum tender condition of 50.1% pursuant to its unsolicited offer to purchase all of the common...
Mar 23, 2017 06:04 pm ET
Savanna Reiterates Rejection of the Hostile Total Offer, Reminds Shareholders of Superior Transaction With Western Energy
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) today reiterates the Savanna board of directors' (the "Savanna Board") unanimous rejection of the offer from Total Energy Services Inc. ("Total") to purchase all of the Savanna Shares on the basis of 0.13 common shares of Total ("Total Shares") and $0.20 in cash for each common share of Savanna ("Savanna Shares") (the "Total Offer").
Mar 23, 2017 06:04 pm ET
Savanna Reiterates Rejection of the Hostile Total Offer, Reminds Shareholders of Superior Transaction With Western Energy
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) today reiterates the Savanna board of directors' (the "Savanna Board") unanimous rejection of the offer from Total Energy Services Inc. ("Total") to purchase all of the Savanna Shares on the basis...
Mar 22, 2017 07:30 am ET
Savanna Reiterates Rejection of the Inadequate Value of the Total Offer and Support for Acquisition of Savanna by Western Energy
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) today reiterates the unanimous support of the special committee (the "Special Committee") of the board of directors of Savanna (the "Savanna Board") and the Savanna Board of the acquisition of all of the issued and outstanding common shares of Savanna (the "Savanna Shares") by Western Energy Services Corp. ("Western") on the basis of 0.85 of a common share of Western (the "Western Shares") and $0.21 in cash per Savanna Share (the "Western Offer").
Mar 22, 2017 07:28 am ET
Savanna Reiterates Rejection of the Inadequate Value of the Total Offer and Support for Acquisition of Savanna by Western Energy
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) today reiterates the unanimous support of the special committee (the "Special Committee") of the board of directors of Savanna (the "Savanna Board") and the Savanna Board of the acquisition of all...
Mar 17, 2017 07:30 am ET
Savanna Reiterates Support for Acquisition of Savanna by Western Energy Services Corp. and Rejection of the Inferior Total Offer
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) today reiterates the unanimous support of the special committee (the "Special Committee") of the board of directors of Savanna (the "Savanna Board") and the Savanna Board of the acquisition of all of the issued and outstanding common shares of Savanna (the "Savanna Shares") by Western Energy Services Corp. ("Western") on the basis of 0.85 of a common share of Western (the "Western Shares") and $0.21 in cash per Savanna Share (the "Western Offer").
Mar 17, 2017 07:28 am ET
Savanna Reiterates Support for Acquisition of Savanna by Western Energy Services Corp. and Rejection of the Inferior Total Offer
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) today reiterates the unanimous support of the special committee (the "Special Committee") of the board of directors of Savanna (the "Savanna Board") and the Savanna Board of the acquisition of all...
Mar 15, 2017 07:30 am ET
Savanna Announces Increase to Purchase Price for Acquisition of Savanna by Western Energy Services Corp. and Reiterates Rejection of the Total Offer
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) is pleased to announce that Western Energy Services Corp. ("Western") (TSX: WRG) has increased the consideration payable pursuant to its previously announced acquisition of common shares of Savanna (the "Savanna Shares") to include the payment of $0.21 in cash per Savanna Share in addition to the 0.85 of a common share of Western (the "Western Shares") payable for each outstanding Savanna Share (the "Revised Western Offer"). In connection with the Revised Western Offer, Savanna and Western
Mar 15, 2017 07:28 am ET
Savanna Announces Increase to Purchase Price for Acquisition of Savanna by Western Energy Services Corp. and Reiterates Rejection of the Total Offer
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) is pleased to announce that Western Energy Services Corp. ("Western") (TSX:WRG) has increased the consideration payable pursuant to its previously announced acquisition of common shares of...
Mar 13, 2017 07:30 am ET
Savanna Explains Why Friendly Proposed Acquisition by Western Energy Is Superior to Hostile Offer From Total Energy
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) today explained why the Western Energy Services Corp. ("Western") (TSX: WRG) friendly proposed acquisition of Savanna (the "Western Offer") is superior to the Total Energy Services Inc. ("Total") hostile offer (the "Total Offer").
Mar 13, 2017 07:28 am ET
Savanna Explains Why Friendly Proposed Acquisition by Western Energy Is Superior to Hostile Offer From Total Energy
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) today explained why the Western Energy Services Corp. ("Western") (TSX:WRG) friendly proposed acquisition of Savanna (the "Western Offer") is superior to the Total Energy Services Inc. ("Total")...
Mar 09, 2017 07:30 am ET
Savanna Announces Agreement for the Acquisition of Savanna by Western Energy Services Corp. and Unanimously Recommends Rejection of Total's Amended Unsolicited Offer for Savanna
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) is pleased to announce that it has entered into an arrangement agreement (the "Arrangement Agreement") with Western Energy Services Corp. ("Western") (TSX: WRG) pursuant to which Western has agreed to acquire all of the issued and outstanding common shares of Savanna (the "Savanna Shares") on the basis of 0.85 of a common share of Western (the "Western Shares") for each outstanding Savanna Share. The transaction is to be completed by way of a plan of arrangement under the Business
Mar 09, 2017 07:28 am ET
Savanna Announces Agreement for the Acquisition of Savanna by Western Energy Services Corp. and Unanimously Recommends Rejection of Total's Amended Unsolicited Offer for Savanna
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) is pleased to announce that it has entered into an arrangement agreement (the "Arrangement Agreement") with Western Energy Services Corp. ("Western") (TSX:WRG) pursuant to which Western has agreed...
Mar 08, 2017 06:55 pm ET
Savanna Energy Services Corp. Announces Fourth Quarter and Year-End 2016 Results
Savanna Energy Services Corp. (TSX:SVY) -
Fourth Quarter Results
Savanna generated revenue of $104.2 million, EBITDAS of $12.2 million and a net loss, attributable to shareholders of the Company, of $18.9 million or $0.20 per...
Mar 08, 2017 06:55 pm ET
Savanna Energy Services Corp. Announces Fourth Quarter and Year-End 2016 Results
Savanna Energy Services Corp. (TSX: SVY) -
Mar 01, 2017 07:51 pm ET
Savanna Responds to Total's Amended Unsolicited Offer for Savanna
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) advises that it is aware that, on March 1, 2017, Total Energy Services Inc. ("Total") amended its unsolicited offer to acquire, subject to a number of conditions, the outstanding common shares of...
Mar 01, 2017 07:50 pm ET
Savanna Responds to Total's Amended Unsolicited Offer for Savanna
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) advises that it is aware that, on March 1, 2017, Total Energy Services Inc. ("Total") amended its unsolicited offer to acquire, subject to a number of conditions, the outstanding common shares of Savanna ("Common Shares").
Mar 01, 2017 08:07 am ET
IIROC Trade Resumption - TOT; SVY; DRG.UN; AVO
TORONTO, March 1, 2017 /CNW/ - Trading resumes in:
Feb 28, 2017 03:30 pm ET
IIROC Trading Halt - TOT; SVY
TORONTO, Feb. 28, 2017 /CNW/ - The following issues have been halted by IIROC:
Feb 16, 2017 04:35 pm ET
Savanna to Release Q4 and Year-End 2016 Results on March 8, 2017
Savanna Energy Services Corp. ("Savanna" or the "Company") (TSX:SVY) intends to release its Fourth Quarter and Year-end 2016 results after markets close on Wednesday, March 8, 2017. The results will be available on the Company's web site after...
Feb 16, 2017 04:35 pm ET
Savanna to Release Q4 and Year-End 2016 Results on March 8, 2017
Savanna Energy Services Corp. ("Savanna" or the "Company") (TSX: SVY) intends to release its Fourth Quarter and Year-end 2016 results after markets close on Wednesday, March 8, 2017. The results will be available on the Company's web site after the dissemination has taken place over the news wire service.
Jan 24, 2017 06:55 pm ET
Franklin Resources, Inc. Acquires Common Shares of Savanna Energy Services Corp.
TORONTO, Jan. 24, 2017 /CNW/ - Franklin Resources, Inc. ("Franklin Templeton"), through one or more affiliated investment managers in their capacity as discretionary investment manager to underlying funds and managed accounts (collectively, the "Accounts"), and reporting on transactions made by one or more affiliated investment managers, has acquired control or direction of 41,600 common shares (each, a "Share") of Savanna Energy Services Corp. ("Savanna") on December 13, 2016 through the facilities of the Toronto Stock Exchange (TSX). As a result of such acquisition, Franklin Templeton held
Jan 10, 2017 08:00 am ET
Savanna Commences Strategic Process, Reiterates Recommendation to Shareholders to Reject the Total Offer, Announces 2017 Capital Budget and Provides Operational Update
Savanna Energy Services Corp. ("Savanna" or the "Company") (TSX: SVY), announced today that it intends to commence the previously announced strategic alternatives process and open a data room this week for parties potentially interested in a transaction with Savanna. Qualified parties interested in accessing the confidential data room will be required to sign a confidentiality agreement.
Jan 10, 2017 07:58 am ET
Savanna Commences Strategic Process, Reiterates Recommendation to Shareholders to Reject the Total Offer, Announces 2017 Capital Budget and Provides Operational Update
Savanna Energy Services Corp. ("Savanna" or the "Company") (TSX:SVY), announced today that it intends to commence the previously announced strategic alternatives process and open a data room this week for parties potentially interested in a...
Dec 23, 2016 08:45 am ET
Savanna Board Unanimously Recommends Rejection of Total Offer
The Board of Directors of Savanna Energy Services Corp. ("Savanna" or the "Company") (TSX: SVY), on the recommendation of the Special Committee, has unanimously determined that the offer from Total Energy Services Inc. ("Total") to purchase all of the common shares of Savanna on the basis of 0.13 common shares of Total for each common share of Savanna significantly undervalues the common shares of Savanna, is not in the best interests of Savanna or its shareholders and that shareholders should reject the offer.
Dec 23, 2016 08:43 am ET
Savanna Board Unanimously Recommends Rejection of Total Offer
The Board of Directors of Savanna Energy Services Corp. ("Savanna" or the "Company") (TSX:SVY), on the recommendation of the Special Committee, has unanimously determined that the offer from Total Energy Services Inc. ("Total") to purchase all of...
Dec 15, 2016 07:00 am ET
Savanna Energy Services Corp. Reports Interest from Potential Bidders and Continued Improvement in Drilling and Well Servicing Activity
Savanna Energy Services Corp. (TSX: SVY) ("Savanna" or the "Company") today reported interest from other potential bidders for Savanna since the announcement by Total Energy Services Inc. ("Total") in November of its intention to make an unsolicited takeover bid for Savanna. Separately, Savanna announced improved business in all three of the countries in which it operates: Canada, the U.S. and Australia.
Dec 15, 2016 06:58 am ET
Savanna Energy Services Corp. Reports Interest from Potential Bidders and Continued Improvement in Drilling and Well Servicing Activity
Savanna Energy Services Corp. (TSX:SVY) ("Savanna" or the "Company") today reported interest from other potential bidders for Savanna since the announcement by Total Energy Services Inc. ("Total") in November of its intention to make an...
Dec 13, 2016 08:49 am ET
Savanna Announces Closing of Debt Financing, Private Placement and Bought Deal Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW.
Savanna Energy Services Corp. ("Savanna")...
Dec 12, 2016 07:00 am ET
Savanna Appoints Special Committee to Oversee Response to Total Energy's Unsolicited Takeover Bid
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) today announced that it has appointed a Special Committee of independent directors to oversee Savanna's response to an unsolicited takeover bid launched by Total Energy Services Inc. ("Total"). The Special Committee is comprised of James Saunders (Chair), Allen Brooks, Stella Cosby, John Hooks and Kevin Nugent.
Dec 12, 2016 06:58 am ET
Savanna Appoints Special Committee to Oversee Response to Total Energy's Unsolicited Takeover Bid
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) today announced that it has appointed a Special Committee of independent directors to oversee Savanna's response to an unsolicited takeover bid launched by Total Energy Services Inc....
Dec 09, 2016 10:44 am ET
IIROC Trade Resumption - TOT; SVY
TORONTO, Dec. 9, 2016 /CNW/ - Trading resumes in:
Dec 09, 2016 09:09 am ET
IIROC Trading Halt - SVY
TORONTO, Dec. 9, 2016 /CNW/ - The following issues have been halted by IIROC:
Nov 28, 2016 04:30 pm ET
Savanna Provides Update to AIMCo Financing
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) announces that Alberta Investment Management Corporation ("AIMCo") has advised it that AIMCo does not intend to consent to a change of control of Savanna that may result from Total Energy Services Inc.'s previously announced intention to make an offer for the outstanding common shares of Savanna (the "Common Shares"). In the event of a change of control within six months of the closing date of the previously announced $200 million second lien senior secured term loan facility (the "Term Loan"), all
Nov 28, 2016 04:28 pm ET
Savanna Provides Update to AIMCo Financing
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) announces that Alberta Investment Management Corporation ("AIMCo") has advised it that AIMCo does not intend to consent to a change of control of Savanna that may result from Total Energy Services...
Nov 25, 2016 08:20 am ET
Savanna Responds to Announcement of Total's Intention to Make an Unsolicited Offer for Savanna
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) confirms that it is aware of the announcement by Total Energy Services Inc. ("Total") that it intends, subject to a number of conditions, to make an unsolicited takeover bid for the outstanding common shares of Savanna ("Common Shares").
Nov 25, 2016 08:18 am ET
Savanna Responds to Announcement of Total's Intention to Make an Unsolicited Offer for Savanna
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) confirms that it is aware of the announcement by Total Energy Services Inc. ("Total") that it intends, subject to a number of conditions, to make an unsolicited takeover bid for the outstanding...
Nov 23, 2016 07:46 am ET
IIROC Trade Resumption - SVY
TORONTO, Nov. 23, 2016 /CNW/ - Trading resumes in:
Nov 22, 2016 04:31 pm ET
Savanna Announces Concurrent Debt Financing, Private Placement and Bought Deal Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW.
Savanna Energy Services Corp. ("Savanna")...
Nov 22, 2016 03:49 pm ET
IIROC Trading Halt - SVY
TORONTO, Nov. 22, 2016 /CNW/ - The following issues have been halted by IIROC:
Nov 08, 2016 05:50 pm ET
Savanna Energy Services Corp. Announces 3rd Quarter 2016 Results and Reactivation of Drilling Rigs in the Permian Basin
Savanna Energy Services Corp. (TSX: SVY)
Nov 08, 2016 05:50 pm ET
Savanna Energy Services Corp. Announces 3rd Quarter 2016 Results and Reactivation of Drilling Rigs in the Permian Basin
Savanna Energy Services Corp. (TSX:SVY)
Third Quarter Results
Savanna generated revenue of $71.1 million, adjusted EBITDAS of $11.2 million and a net loss, attributable to shareholders of the Company, of $11.1 million or...
Oct 19, 2016 04:21 pm ET
Savanna to Release Q3 2016 Results on November 8, 2016
Savanna Energy Services Corp. ("Savanna" or the "Company") (TSX:SVY) intends to release its Third Quarter 2016 results after markets close on Tuesday, November 8, 2016. The results will be available on the Company's web site after the...
Oct 19, 2016 04:20 pm ET
Savanna to Release Q3 2016 Results on November 8, 2016
Savanna Energy Services Corp. ("Savanna" or the "Company") (TSX: SVY) intends to release its Third Quarter 2016 results after markets close on Tuesday, November 8, 2016. The results will be available on the Company's web site after the dissemination has taken place over the news wire service.
Aug 03, 2016 05:52 pm ET
Savanna Energy Services Corp. Announces Second Quarter 2016 Results
Savanna Energy Services Corp. (TSX:SVY) -
Second Quarter Results
Savanna generated revenue of $54.9 million, adjusted EBITDAS of $9.2 million and a net loss, attributable to shareholders of the Company, of $16 million or $0.18 per...
Aug 03, 2016 05:52 pm ET
Savanna Energy Services Corp. Announces Second Quarter 2016 Results
Savanna Energy Services Corp. (TSX: SVY) -
Jul 20, 2016 03:46 pm ET
Savanna to Release Q2 2016 Results on August 3, 2016
Savanna Energy Services Corp. ("Savanna" or the "Company") (TSX:SVY) intends to release its Second Quarter 2016 results after markets close on Wednesday, August 3, 2016. The results will be available on the Company's web site after the...
Jul 20, 2016 03:46 pm ET
Savanna to Release Q2 2016 Results on August 3, 2016
Savanna Energy Services Corp. ("Savanna" or the "Company") (TSX: SVY) intends to release its Second Quarter 2016 results after markets close on Wednesday, August 3, 2016. The results will be available on the Company's web site after the dissemination has taken place over the news wire service.
May 26, 2016 07:00 pm ET
Savanna Energy Services Announces Results of Directors Vote
Savanna Energy Services Corp. ("Savanna") (TSX:SVY) is pleased to announce that the following nominees, listed in the information circular dated April 15, 2016, were elected as directors of Savanna. The detailed results of the vote for the...
May 26, 2016 06:59 pm ET
Savanna Energy Services Announces Results of Directors Vote
Savanna Energy Services Corp. ("Savanna") (TSX: SVY) is pleased to announce that the following nominees, listed in the information circular dated April 15, 2016, were elected as directors of Savanna. The detailed results of the vote for the election of directors held at its annual meeting of shareholders are set out below.
May 10, 2016 05:29 pm ET
Savanna Energy Services Corp. Announces Retirement of a Director
Savanna Energy Services (TSX:SVY) announces that Tor Wilson has advised the Board that he is retiring and will therefore not be standing for re-election as a Director at the upcoming Annual Meeting. Savanna would like to thank Tor for his...
May 10, 2016 05:29 pm ET
Savanna Energy Services Corp. Announces Retirement of a Director
Savanna Energy Services (TSX: SVY) announces that Tor Wilson has advised the Board that he is retiring and will therefore not be standing for re-election as a Director at the upcoming Annual Meeting. Savanna would like to thank Tor for his many years of service as a Director and wishes him well in his retirement and future endeavors.
May 03, 2016 05:15 pm ET
Savanna Energy Services Corp. Announces First Quarter 2016 Results and Continued Debt Reduction
Savanna Energy Services Corp. (TSX: SVY) -
May 03, 2016 05:13 pm ET
Savanna Energy Services Corp. Announces First Quarter 2016 Results and Continued Debt Reduction
Savanna Energy Services Corp. (TSX:SVY) -
First Quarter Results
Savanna generated revenue of $93.7 million, adjusted EBITDAS of $22.1 million and a net loss, attributable to shareholders of the Company, of $10.1 million or $0.11...
Apr 19, 2016 04:26 pm ET
Savanna to Release Q1 2016 Results on May 3, 2016
Savanna Energy Services Corp. (TSX:SVY) ("Savanna" or the "Company") intends to release its First Quarter 2016 results after markets close on Tuesday, May 3, 2016. The results will be available on the Company's web site after the dissemination...
Apr 19, 2016 04:26 pm ET
Savanna to Release Q1 2016 Results on May 3, 2016
Savanna Energy Services Corp. (TSX: SVY) ("Savanna" or the "Company") intends to release its First Quarter 2016 results after markets close on Tuesday, May 3, 2016. The results will be available on the Company's web site after the dissemination has taken place over the news wire service.
Mar 30, 2016 12:00 pm ET
Savanna Energy Services Corp. Supports the Oil Respect Campaign
Savanna Energy Services Corp. (TSX: SVY) has officially endorsed the Oil Respect campaign launched by the Canadian Association of Oilwell Drilling Contactors on February 17, 2016.
Mar 30, 2016 11:58 am ET
Savanna Energy Services Corp. Supports the Oil Respect Campaign
Savanna Energy Services Corp. (TSX:SVY) has officially endorsed the Oil Respect campaign launched by the Canadian Association of Oilwell Drilling Contactors on February 17, 2016.
Christopher Strong, President and Chief Executive Officer...
Mar 17, 2016 05:05 pm ET
Savanna Energy Services Corp. Announces Amendments to Its Senior Secured Revolving Credit Facility
Savanna Energy Services Corp. ("Savanna" or the "Company") (TSX: SVY), has reached an agreement with its lenders to amend the credit agreement governing its senior secured revolving credit facility. The amendment, among other things, reduces the size of the total facility from $250 million to $150 million and reduces certain financial covenant thresholds to the end of 2017, providing Savanna with increased financial flexibility through the remainder of this year and next. The reduction in the size of the facility will also lower standby costs going forward on the undrawn
Mar 07, 2016 06:57 pm ET
Savanna Energy Services Corp. Announces Fourth Quarter and Year-End 2015 Results
Savanna Energy Services Corp. (TSX: SVY) -
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