CWC Energy Services Corp. Announces Change of Auditors

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CWC Energy Services Corp. Announces Change of Auditors

Canada NewsWire

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.

CWC Energy Services Corp. (CNW Group/CWC Energy Services Corp.)

There were no reservations in the Former Auditor's reports in connection with the financial statements of the Company since the Former Auditor's appointment; and any periods subsequent for which an audit report was issued and preceding the effective date of expiry of the Former Auditor's term of office.

The Company confirms that there have been no reportable events as defined in the National Instrument 51-102 and, in its opinion, there are no reportable events pending.

The Company and the Board of Directors would like to extend their thanks to KPMG LLP for their auditing services to date.

About CWC Energy Services Corp.

CWC Energy Services Corp. is a premier contract drilling and well servicing company operating in the Western Canadian Sedimentary Basin with a complementary suite of oilfield services including drilling rigs, service rigs, swabbing rigs and coil tubing. The Company's corporate office is located in Calgary, Alberta, with operational locations in Nisku, Grande Prairie, Slave Lake, Sylvan Lake, Drayton Valley, Lloydminster, Provost, and Brooks, Alberta. The Company's shares trade on the TSXV under the symbol "CWC".

READER ADVISORY – Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

SOURCE CWC Energy Services Corp.

View original content with multimedia: http://www.newswire.ca/en/releases/archive/June2018/14/c5212.html

Copyright CNW Group 2018

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