Fund selling at STEP Energy Services (T:STEP)

ARC Energy Fund 8, a 10% Holder, disposed of 3,515,026 Common Shares on a direct ownership basis at a price of $12.250 through a prospectus or prospectus exempt offering on December 1st, 2017. This represents a $43,059,068 divestment of the company's shares and an account share holdings change of -11.5%.

ARC Energy Fund 6, also a 10% Holder, disposed of 1,791,974 Common Shares on a direct ownership basis at the same price. This represents a $21,951,682 divestment of the company's shares and an account share holdings change of -11.5%.

STEP Energy Services is in the Oil Related Services and Equipment Sub Industry Group under the Energy Sector.

STEP Energy Services Ltd is a Canada-based oilfield service company. The Company specializes in coiled tubing and associated pumping and support equipment to service the deep horizontal well market in Western Canada and south Texas, the United States. Along with coiled tubing solutions, the Company offers fracturing solutions; STEP-PLEX agents as blocking agents for fluid loss prevention, bridging, loss circulation prevention, conductivity improvement and fracture fluid diverting; chemical laboratory solutions, such as stimulation chemistry in fracturing, acidizing, and production enhancement; fluid pumping services for both coiled tubing operations and standalone projects, as well as nitrogen (N2) pumping solutions and services.