CWC Energy Services Corp. (CWC.V)
- CNW Group
CWC Energy Services Corp. Announces 2022 Capital Expenditure Budget
(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
- CNW Group
CWC Energy Services Corp. Announces Issuance of Restricted Share Units
(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 gra
- CNW Group
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
(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 ex
