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Share Name | Share Symbol | Market | Type |
---|---|---|---|
New West Energy Services Inc | TSXV:NWE | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.01 | 0.005 | 0.01 | 0 | 00:00:00 |
CALGARY, ALBERTA--(Marketwired - Dec 30, 2013) - New West Energy Services Inc. (TSX-VENTURE:NWE) (the "Corporation") is pleased to announce the financial results for the Corporation for its second quarter ended October 31, 2013.
HIGHLIGHTS
Operational and Financial Results for the second quarters ended October 31, 2013 and 2012:
Company Developments:
OUTLOOK AND STRATEGY
While the first two months of the last quarter were slower than usual in the drilling related services, activity has recently picked up and the Corporation looks forward to a more active third quarter.
The Corporation continues to expand its areas of operation and also continues to expand and upgrade its fleet of trucks and its equipment. The Corporation will continue to pursue new acquisitions to both complement and diversify its areas of operation and the services it can provide to the oil and gas exploration and production industry.
OVERVIEW
The Corporation operates in the oilfield service industry in Canada through two wholly owned subsidiaries - BearStone Environmental Solutions Inc. and Porterco Oilfield Services Inc. BearStone provides environmental services to the upstream oil and gas industry and also operates a fleet of specialized vacuum, hydrovac and water trucks. Porterco operates a fleet of trucks and trailers for hauling oil contaminated drill cuttings as well as providing equipment rental and custom fabrication services.
Neither the 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.
New West Energy Services Inc.Gerry E. KerkhoffPresident & Chief Executive Officer403.984.9798 or 1.888.977.2327 (BEAR)403.984.9799gkerkhoff@newwestenergyservices.comwww.newwestenergyservices.com
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